News
What Hong Kongers want in food delivery services
What Hong Kongers want in food delivery services
On-time delivery and having options are amongst the qualities consumers value.
Complications and iconic designs: Patek Philippe’s eight debuts showcase its fields of excellence
The manufacturer has extended its collection of complications with new chronographs.
Cathay Pacific traffic soars over 100% in September
Hong Kong’s flag carrier airline carried a total of 265,845 passengers.
Environmental impact named top attraction to invest sustainably: study
Majority of Hong Kong investors cited lack of transparency as barrier to more sustainable investing.
Here’s how much Hong Kongers spend on food delivery
The average monthly spending increased by 22% in 2022.
86% of OT organisations suffered from cyber intrusions in the past 12 months
More than half said their productivity was affected by such an incident.
Hong Kong pension system ranks second in Asia: report
It ranks 19 out of 44 in the global rankings.
Mainlanders drive demand for luxury apartments in Q3
In Hong Kong Island, rents picked up by 1.2% QoQ.
Residential property in Yau Yat Chuen up for auction with a reserve price of $2.075b
The auction will be held on 3 November.
High-street shop vacancy improves to 14.4% in Q3: CBRE
Causeway Bay vacancy hit single-digits for the first time since Q1 2020.
Warehouse vacancy inches up to 2.7% in Q3
The completion of a new logistics centre in Tuen Mun contributed to this.
Citi names Keith Lee as Hong Kong high net worth market manager
He has 25 years of experience in the financial industry.
Commercial property investment volume up 5.7% QoQ to $18.1b in Q3
A total of 20 transactions were accounted for during the period.
New supply pushes Grade A office vacancy up to an all-time high of 11.9 million sq ft
Q3 saw an additional 1.8 million sq. ft. of new office space.
Five new co-investment partners for I&T fund introduced
They assessed the venture capital fund’s capabilities.
The Innovation & Technology Venture Fund has five new co-investment partners after scrutinising 15 applications, the government announced.
Its identified partners are Beyond Ventures II Fund LP, BitRock Capital Fund II, LP, BVG IV LP, ORI Healthcare Fund II, LP, and Transcend Capital Partners II LP.
“The remaining selected partners will be announced later,” the government said in its issued statement.
Selection of these partners were based on assessment criteria which include venture capital fund’s capability, investment strategy and performance, management team’s expertise and experience and local network and resources, and the advice of the fund’s advisory committee.
This fund was established to urge venture capital investment in local I&T startups and to improve the I&T ecosystem in Hong Kong.
So far, the government co-invested in 27 local startups. The investment totalled around $200m, and attracted around $1.7b of private investment.
Health vs wealth: What’s more important for Hong Kongers?
HSBC Life’s +Factor Study reveals key insights into how health and financial well-being impact lives.
Office rents decline persist in Q3
Central and Kowloon East saw the highest vacancy.
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers