Hong Kong
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February
Stocks of larger floor space are expected to be released in 2020 and 2021.
Home sales dropped 10% to 4,089 in February
Sales have weakened ever since prices started falling in July 2018.
Authorities remove nine categories from proposed extradition law
It will cut sections including bankruptcy, securities and futures, and intellectual property.
Hong Kong takes the world's 19th most powerful passport
Hong Kong’s passport holders have visa-free or visa-on-arrival access to 169 countries.
Hong Kong consumers more willing to share data than UK and Germany: survey
Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers.
Cathay Pacific to acquire budget airline HK Express for $4.93b
If the acquisition goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines.
Hong Kong clinched $21.19b across 35 IPOs in Q1 2019
The industrials sector received the highest number of IPOs with seven deals with a total of US$263m.
New players enter scene but an iconic hotel exits
The Excelsior will be transformed into a mixed-use commercial building.
Spaces unveils sleek 20-storey co-working hub
A pristine view of Victoria Harbour can be viewed at its top floor.
Fitness app developer OliveX nabs US$1m funding
Fasting tracker Vora is part of the developer's offerings.
HKDecoman raises US$1.4m to revamp Hong Kong's home renovation industry
It offers a one-stop shop including a physical outlet stocked with tools and an online marketplace.
Crypto startup FinFabrik closes seed round from BitMEX Ventures
The startup digitises real-world assets.
Expense tracker gini raises $1.6m seed fund
The startup aims to make money management across markets easy and accessible.
Hong Kong credit card balances up 5% to $17.33b in Q4
The balances of Generation Z customers skyrocketed 89%.
Vario opens Hong Kong office
The expansion follows the firm’s launch in Australia and Singapore.
Hang Seng Bank takes the lead in shaping a seamless customer experience with BERI and One Collect
The bank’s key focus will be on harnessing the power of fintech to bring more breakthroughs in digital services and channels.
Hong Kong named as the most vulnerable APAC country to Chinese trade decline
Most of the region’s exports are being absorbed by China.
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