News

HK unemployment rate steady at 3%

The underemployment also remained at 1.2%.
2 hours ago

HK unemployment rate steady at 3%

The underemployment also remained at 1.2%.
2 hours ago

Lands Department sells Sha Tin non-industrial site for $619m

This was awarded on a 50-year grant.
3 hours ago

ZA Bank rolls out reserve banking services to stablecoin issuers

It has on boarded RD InnoTech and is onboarding 10 other issuers.
5 hours ago

Hong Kong employers increasingly hiring contract workers

The demand is driven by transformation projects and demand for flexibility.
1 day ago

Standard Chartered bolsters private banking team in Hong Kong

Two managing directors and three executive directors are joining the team.
1 day ago

Hong Kong’s ZA Bank welcomes planned stablecoin regulatory regime

The bank surpassed $1b in transfer turnover from Web3 clients in 2023.
1 day ago

University of Hong Kong adopts AI-driven reconstructive surgery

The procedure utilises a platform powered by a large multimodal model for medicine.
1 day ago

Industrial leasing stable with renewals amidst PMI dip

Leasing renewals and site relocations to drive future market growth.
1 day ago

Hong Kong residential prices may fall up to 10% in 2024

The market already saw a 1.7% decline in the first five months of the year.
1 day ago

High street rents to outperform non-core retail rents

Rents rose 1.0% QoQ and 7.4% YoY in Q2.
1 day ago

Hong Kong ranks 46th globally for work-life balance

In Asia, it ranked thirteenth. 
1 day ago

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.
1 day ago

FundPark, HKECIC bare pioneering effort for insured growth for SMEs

Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.
1 day ago

Transaction volume in property investment market to reach $20b in H2: Colliers

This will bring total volume to $30b, down 19% YoY.
2 days ago

5 in 10 Hong Kong employees struggle financially: report

Over a quarter of employees are living paycheck to paycheck.
2 days ago