Hong Kong
No.16 and No.18 Gage Street in Central sold for $332m
No.16 and No.18 Gage Street in Central sold for $332m
The building comprises six storeys with street-level shops.
Hong Kong to drive GBA's second stage of growth
It will provide a gateway to global capital markets for mainland Chinese firms in the region.
Highways Department signs contract for CKR works
This comprises the construction of buildings and is expected to cost about $5.67b.
Government rolls out subsidy for precious metals trading industry
This is said to provide relief to members and practitioners registered with CGSE.
Commercial property sales volume fell 70% in Q2
This comes as economic recession and local political turmoil weighed on buyers’ decisions.
Debates arise on security law's effects on Hong Kong finance sector
Is there really a capital exodus from Hong Kong to Singapore?
Meet ZA Bank, Hong Kong's first virtual-only lender
The bank’s slogan of co-creation belies a strong charm offensive of attractive deposit rates.
Employers weigh in options in facing the “new normal”
Staggered return and split teams may not be enough to squash their employees’ concerns.
Act now to prevent data breaches
Proactive steps to avoid data breaches
Commercial property investments plunged 71% in H1
This marks the lowest for a six-month period since 2009.
FDA authorises marketing of IQOS as a modified risk tobacco product to help addicted smokers transition away from combustible cigarettes
This follows after the FDA authorised IQOS to be sold in the US in 2019.
HKMA sells $8.14b into market as currency hits strong end of trading band: report
The aggregate balance will increase to $146.93b ($18.96b) on 9 July.
Tsim Sha Tsui overtakes Causeway Bay as priciest retail district
The district’s diverse trade mix lends it to more sustainable rents.
Lands Department issues seven pre-sale consents in Q2
Four of these are phased developments, making up 818 residential units.
Foreign firms give up office spaces in Hong Kong
Foreign companies make up 61% of the total surrender of office stock in Q2.
Employment Support Scheme to disburse fifth batch of wage subsidies
This batch will receive an average wage subsidy of about $460,000.
Tech giants' China face-off risks sparking exodus from Hong Kong
Firms such as Microsoft and Zoom suspended data requests from the local government.
Commentary
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