Hong Kong

WiFi marketing to go mainstream in Hong Kong

WiFi marketing to go mainstream in Hong Kong

WiFi is going to turn into an emerging marketing asset. Businesses will incorporate in their WiFi networks the ability to monitor where their visitors are and use this real time location data to engage with their customers. This is evident from a report about Wi-Fi Analytics which expects the Wi-Fi analytics market to grow at a Compound Annual Growth Rate (CAGR) of 29.54% by 2022. The survey findings on Wi-Fi usage from Hong Kong Wireless Technology Industry Association showed almost half (49.3%) of the Hong Kongers use free Wi-Fi public hotspots to connect the Internet.

Hong Kong is the most open to flexi work in APAC

Women are more open to the setup than men.

Hong Kongers flew internationally five times in past two years

This is double the global average of 2.5 trips in the past 24 months.

Shanghai-based heart implant maker mulls Hong Kong IPO

Microport Scientific Corp could raise about US$200m in a share sale.

Grant ceiling for SME fund doubled to $1m

The changes would kick into effect by August 1.

Hotel and food industries' outlook turn sour in Q3

They are amongst the sectors expecting a turn for the worse in coming quarters.

Hong Kong's private banking assets hit $7.81t in 2017

More than half of total assets came from overseas locations.

Office rents up 0.9% in June

This translates to an average monthly rent of $73.9 psf.

Has China Tower lured Alibaba and Hillhouse Capital to its mega IPO?

Reports claim they are investing around US$500m in the firm.

Mercedes-Benz unveils city's largest car showroom in Chai Wan

The Mercedez-Benz Brand Centre on Hong Kong Island features over 20 display cars.

Developers slash unsold home prices as vacancy tax kicks in

Paliburg Holdings and Regal International started offering discounts on vacant units.

Exports weather through trade woes after rising 12.9% in May

Trade to the Mainland and Japan registered double-digit growth.

15 building plans approved in May

Apartment developments dominated last month’s construction plans.

Unemployment rate flat at 2.8% in April-June

This translates to 112,400 unemployed persons.

Hong Kong launches Open API framework for banks

The central bank hopes that lenders start deploying open APIs within six months.

Hong Kong to establish Academy of Finance by 2019

HKMA hopes it can serve as a hub for monetary and financial research.