Hong Kong

Industrial property investment ballooned 76% in Q1 2019

1 in 3 deals focused on purchasing old industrial buildings for redevelopment.

Food spending to hit $291.6b by 2023

Its annual growth rate would moderate from 6% to 5.5% by 2023.

Retail sales dipped 1.6% in January-February

Customers chose to spend their dollars abroad than locally.

Grade A office net absorption slumps to 167,100 sqft in Q1

Banks and co-working facilities hit the brakes on their expansion plans.

New office lettings crashed 30% in March

Net take-up fell into negative territory at 95,700 sqft.

Hopewell Holdings to delist from Hong Kong bourse

It will be removed after market close on 17 April.

Check out Hong Kong's top-paying finance roles in 2019

Finance managers can earn as much as $720,000.

Co-living operators could save 25% of expenses over traditional renting model: report

Underperforming hotels and serviced apartments in Hong Kong are converting into co-living spaces.

Deliveroo Hong Kong launches ‘Plus' subscription plan

Subscribers can have unlimited free delivery for HK$98 a month.

Small-house policy ruling kills two village land projects

The Court of First Instance of the High Courts ruled that trading or granting space for village-type development was unconstitutional.

2 in 3 tech workers worry about future tech setups despite skill upgrades: study

They felt unequipped to manage their knowledge in machine learning, AI and blockchain.

Hong Kong beats Japan as world's third largest bourse

The Hang Seng Index climbed 17% whilst the bourse's market cap hit US$5.78t.

How will IFRS 16 impact Hong Kong corporates?

The new international accounting standards on treatment of leases will have a serious impact on the financials and operations of many companies in Hong Kong.

Firms tap into temporary and contract market to plug talent shortage

Almost all or 91% of companies have employed temporary or contract staff over the past year.