Hong Kong
Government earmarks $2.4b to revamp four historic buildings
Government earmarks $2.4b to revamp four historic buildings
It has opened proposals for revitalisation to organisations.
Property sales jumped 32% to 6,710 units in November
Agreements for residential units surged 43.9% to 5,756.
Bidders for Kai Tak residential sites plunged 67%
The number of consortiums bidding for larger-scale sites rose.
Retail sales plunge 24.3% to $30.1b in October
Luxury items continued to lead declines with a 42.9% drop in sales value.
Approved mortgage loans down 3.9% to $32.6b in October
Mortgage applications also dipped 3.7% to 9,299.
Freedom Foods Group bags Asian Export Award for MILKLAB Dairy Milk
The company’s MILKLAB Dairy Milk can texture and stretch with any type of coffee.
Tru Blu Beverages wins Asian Export Award for Soda Category
Australian Beverage manufacturer Tru Blu Beverages (Tru Blu) has won the coveted Asian Export Award 2019 in the Soda Category for its iconic premium Riviera Sparkling Fruit Drink.
Mortgage cap hike buoyed home sales: report
This drove developers to offer flexible payments and discounts for new projects.
Exports fell 9.2% to $348.5b in October
The city recorded a trade deficit of $30.6b or 8.1% of imports.
Alibaba Group marks debut in Hong Kong Stock Exchange
The firm begins trading under stock code "9988".
Premium Central office rents slipped 11% from June to October
Retail firms posted more lease disposition cases as many cut costs.
HKR International's Victor Cha Mou Zing wins at HKB Management Excellence Awards
The CEO took home the Executive of the Year Award for Real Estate.
Job market strengthens with high demand in Greater China tech: survey
Expected salary increase has dropped to 10-15% in 2020.
Office rental growth hits decade-low in October
Rents have dropped 1.6% MoM to $74.3 per sqft.
Nearly 4 in 5 employees mull overseas work for career growth
67% said they would do so for a higher salary.
Inflation slows to 3.1% in October
Food products rose sharply at 13.3% due to elevated pork prices.
Hong Kong's top execs and teams hailed at HKB Management Excellence Awards 2019
Close to 70 corporate leaders attended the awards ceremony.
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