Hong Kong

Tourist arrivals crash by over 57% in June

The HKTB only recorded an average of 207 visitors daily.

Where is Hong Kong now in its carbon neutrality target?

The city is now implementing several abatement measures as it aims to be carbon neutral by 2050.

What the future looks like for brick-and-mortar retail in Hong Kong

Online consumers aged 15 and above rose to 43.1% in 2020, but their spending dropped.

Cosco Shipping throughput in June fell 1% compared to last year

Meanwhile, its total throughput for the first half grew 7.9%.

HKEX raises the bar on profit requirements

The regulatory body also plans to keep a watchful eye on IPO-related malpractices.

Hong Kong to remain attractive to M&A

The US-China tensions made HK particularly attractive to Chinese companies, report says.

CRE investment in H1 rose 97% YoY: Cushman & Wakefield

A total of 89 deals were recorded during the period and is expected to reach 200 by year-end.

Cathay Pacific records increase in passengers, cargo YoY in June

The traffic figures were still below the pre-pandemic levels in June 2019.

Over 26% insurance customers switch to online platform

More customers took out their policies in traditional policies in 2020.

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.

Recovery in property market likely to remain uneven in H2

The Grade A office market is seen to record a net withdrawal in the second half. 

Hong Kong to criminalise doxxing acts 

This is to protect against actions that are intrusive to personal data privacy. 

Genting Dream to set sail by end-July

This comes as all cruise officers and crew complete their vaccination.

6 in 10 buy luxury items amidst pandemic: survey

High-end goods are becoming more popular amongst millennials. 

Johnson Electric’s sales climb 70% to US$877m in Q1

This is higher than US$517m in the same period last year.