Hong Kong

HK GDP increases by 7.6% in Q2 2021

This is an 8% increase from the first quarter of 2021.

Sunrise secures HKB award for Air Lab project

Since its launch, the pioneer Air Labs marked a milestone in the mass testing campaign in Hong Kong.

Credit card circulation decrease by 1.5% in Q2

Payment card usage increased by 18.8% QoQ in Q2 2021.

SVF transactions up by 0.8% in Q2

Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.

Decline in expats drags luxury residential market

However, the rise in local demand softened the blow.

HK total retail sales to reach $360b in 2021: PwC

Retailers are embracing new consumer behaviour in the age of "bricks and clicks."

Residential transaction shows downward trend: Cushman & Wakefield

Home prices are expected to rise by a maximum of 3% in Q4.

Global Sources triumphant in two awards competition in Hong Kong and China

It is also the only company to win two different awards—one recognises a firm’s achievement at the project level and another, at the corporate level.

Architects to remodel Hong Kong into a greener, more future-ready city

Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.

Bond Connect's southbound trading launch date set

Bond Connect will expand mutual access between Hong Kong and China markets.

PBoC, HKMA approve southbound trading under Bond Connect

The move aims to promote the development of the bond markets in Mainland China and Hong Kong.

Credit card new accounts volume up 26% in Q2

Credit cards recorded a year-on-year increase in outstanding balances, the first since Q4 2019.

Datasite recognised at the HKB Technology Excellence Awards 2021

Datasite Diligence™ and Prepare™ earn the company its Fintech - Financial Services trophy.

HK world's freest economy: Fraser Institute

Hong Kong has gained the top rank since the report's inception in 1996, especially in the assessment areas of international free trade and regulation.