Hong Kong

Resort-style homes on Lantau Island are valued at $12,800 monthly.

The recent investment made in Hong Kong-based artificial intelligence company SenseTime Group by US mobile chip giant Qualcomm Technologies was the world’s biggest ever fundraising by an artificial intelligence startup. Announced in November, the investment was part of a Series C funding round, reported to be US$500 million. If confirmation was needed that Asia is experiencing an AI revolution this was it.

Blame the traditional holiday season.

Monthly home sales fell 6.3% MoM.

These include a proposal for the tax exemption for open-ended fund companies (OFC).

The Hang Seng Index climbed 1.8% to 31,904.75.

A series of mega-value transactions boosted this quarter’s figures as 14 deals were valued over $1b.

Tech manufacturers drove higher levels of leasing activity this quarter.

Retailers should be ready to revamp their stores into unique lifestyle concepts to battle e-commerce.

More than 100 guests attended the awarding ceremony on 16 January.

It was awarded to Wharf subsidiary Alpha Pioneer.

The turnaround was evident in higher levels of client demand and purchasing activity.

Heightened leasing activity in Central was due to new leases by Chinese financial companies.

Average rents cost $81,000 monthly.

Sources speculated that either Hong Kong or New York will host the blockbuster listing.

More than half of the transactions were recorded in the New Territories.