Noreen Jazul
HK economy grows 4.1% YoY in 3Q23
HK economy grows 4.1% YoY in 3Q23
Despite the increase, the government cut its 2023 economic growth forecast to 3.2%.
Hong Kong emerges as 2nd highest-paying city for marketers
The average annual marketing salary in Hong Kong is $756,359.04 (£79,155.27).
Foreign currency reserves hit US$416b in September
It increased from the US$415.7b record in September.
‘Emotional loyalty,’ the new way retailers retain customers
In Hong Kong, one in two consumers buy only from brands they trust so keeping that relationship exciting pays off.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
Exports value dips by 5.3% YoY to $380.3b in September
The pace of decline has picked up.
CE Lee lays out plans to position HK as an int'l shipping centre and aviation hub
Chief Executive John Lee said the government will press ahead with the Three‑Runway System under the "Airport City" vision.
Northern Metropolis to create 500,000 new jobs
It will also provide about 500,000 new housing units.
Relaxation of property cooling measures a ‘band-aid solution’ - expert
The government has reduced Buyer’s Stamp Duty to 7.5%, amongst others.
Cathay Pacific’s passenger volume soars 480.1% YoY in September
The airline carried 1.5 million passengers during the month.
Consumer prices rise 2% YoY in September
The rate of increase in September was faster than August's.
Revival yet to come for Hong Kong’s real estate market
Only the retail market has demonstrated resilience, with high-street shop rents rising by 2.1% QoQ.
Unit sales of tech and durables market drop 7% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value USD terms, falling -22%.
Hong Kong’s full-year economic growth to be ‘weaker than expected’ – expert
The city’s GDP contracted by 1.3% QoQ in 2Q23.
Deal volume in HK drops 20.7% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
Ticketing and membership platform extends customer journeys through NFTs
Moongate allows event organisers to build relationships with their attendees post-event and beyond.
Citi settles first trades on HKEX Synapse
Synapse is a settlement acceleration platform.
Read Here
Advertise
Sign Up
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