Hong Kong
IWG makes Regus and Spaces brands available for franchising
IWG makes Regus and Spaces brands available for franchising
It will provide infrastructure, training and tools for franchisees.
Ping An leads $117.4m investment in AI software firm
The company markets AI imaging software in hospitals.
Residential market sentiment deteriorates in August
Rental demand recorded its first negative reading in the survey's history.
Jobless rate unchanged at 2.9% in June-August
This translates to 120,000 unemployed individuals.
National income rises in Q2 as mainland investments flood Hong Kong
The total inflow of primary income recorded a 4.1% YoY rise to $478.2b during this period.
How power players are reducing reliance on coal
Through a joint venture, HK Electric and CLP Power are building an offshore LNG terminal as part of plans to import LNG for the first time.
AirTrunk to set up $1.1b data centre in Tsuen Wan
It will open in late 2020.
Kowloon properties collectively sold for $2.14b
The transactions showed that developers are keen to buy and redevelop old buildings.
West Kowloon site up for sale
The public tender will open on 20 September.
Industrial production for manufacturing up 0.3% in Q2
Its producer price index also inched up 0.8% YoY.
Hong Kong retains crown as world's freest economy for the 37th year
The city bested 116 other economies in international trade freedom and regulations.
Value of construction work down 8% to $57b in Q2
The value of construction projects for public sector sites crashed 26.9% YoY.
Real estate and insurance industries saw double-digit growth in business receipts in Q2
Business receipts in nine out of 15 service industries went up in value.
HKEX makes $285.86b unsolicited bid for the London Stock Exchange
However, the proposal requires the London bourse to terminate its acquisition of Refinitiv.
Overcoming regional pricing barriers
"Asian markets and customers are much too price sensitive!" "We are experiencing 20%+ growth. Why do we need to fix pricing? In Asia, it's about growth!" These are common beliefs about the Asian market. However, they are generic and in many cases inaccurate. This article will look at why pricing in Asia is different to the rest of the world, and how to manage those differences. Asia consists of four major regions, China, India, North East Asia (Japan and Korea) and South East Asia (ASEAN). There are significant differences with respect to pricing between these regions. Hong Kong is not only a big regional center but also quickly becoming an important route into China. This article will reflect mainly the perspective of the chemical industry, focusing on each region separately. Four unique elements of pricing in Asia There are four unique elements of pricing in Asia: 1. The GTM and channel model makes pricing complex. 2. There is an over-reliance on volume-based rebates as incentives in pricing. 3. FX volatility has an ongoing impact on pricing. 4. Cultural norms influence how price discussions are made. We will evaluate the relevance of these elements in each of the four regions in Asia. 1. GTM and Channel The GTM and channel model tends to be complex in Asia, especially in China and India. First of all, the number of channel partners is high. In some cases, like in agro-chemicals in China, it's not unusual to have ten channel partners between the supplier and end customers. Each channel partner takes a share of the commercial terms offered by the suppliers, this makes it difficult to estimate the share of each and the price to the final user of the product accordingly. Hong Kong based corporations would be better at managing the operations in China vis-à-vis corporations based in the Europe and US.
Sun Hung Kai sells homes 20% lower as protests persist
The price is close to those set two years ago for the same development.
Icon Group acquires Hong Kong oncology clinic SunTech Medical
It is keen to make inroads into the ageing city.
Commentary
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AI drug discovery, GLP-1, and the next wave of Hong Kong biotech listings
Capital repatriation isn't a retreat — it’s Hong Kong’s regulatory graduation
Hong Kong should build the Asia–Latin America investment corridor