Staff Reporter
Citi names Keith Lee as Hong Kong high net worth market manager
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.
HKDC’s all-new knowledge platform is set to be the leading online design portal
bodw+ features all-in-one integrated content with one-stop access.
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.
Prime beachfront single-lot house on Lantau South Road up for sale
The property is adjacent to Tong Fuk Beach.
Bank of China HK warns of fake website
It has already been reported to the HKMA and the local police force.
Four digital transformation trends crucial for business operations
These trends include industrial metaverse, and cybersecurity, amongst others.
Invesco relocates to Hongkong Land’s Jardine House
The firm will rent 33,000 sq. ft. in the high zone of the office tower.
Hong Kong ‘flexible’ over age limit of payload specialist
However, ultimately it will remain the city’s decision.
Foodpanda rolls out reusable packaging pilot programme
The food company will provide 8,000 reusable food containers to participating restaurants.
Property sales decline 7.7% MoM in September
Total consideration for the month decreased by 62% MoM.
Manulife drives digital adoption in the MPF industry through its pioneering online application platform
Its web application allows for a straight-through processing digital journey for customers.
Longer golden years are not as glittery for most Hong Kongers
Most are worried about worsening health and outliving their savings.
Quarantine arrangements revised: local air crew must follow strict layover rules
The government revised its quarantine rules for local air crew on 4 October, making locally based crew going overseas subject to strict layover conditions.
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