Noreen Jazul

Luxury house in the Peak worth $298m up for sale

It will be sold on an “as is” basis.

Buying vs renting: Which do Hong Kongers prefer?

In the next two years, 35% of locals plan to move.

Residential prices to drop by 0%-5% in 2023

Year-to-date prices have declined by 10%.

Exports to grow 5% in 2023: HKTDC

In 2022, exports declined by 6%.

HK’s wealthy to grow annually by an average of 3.3% between 2022-2026

The city’s affluent population accounted for 56.7% of its total population in 2021.

HKMA raises its base rate to 4.75%

The new rate took effect on 15 December.

Gov’t axes contact tracing mandate in establishments

The Vaccine Pass arrangement, however, will remain in force.

Gov’t cuts quarantine period to 5 days

Patients and close contacts, however, must obtain negative test results first.

Gov’t ramps up efforts to attract global talent

Amongst efforts include the establishment of the Talents Service Unit.

Legislative Councils OKs anti-money laundering bill

The bill requires persons engaging in VA activities to apply for a license from SFC.

What Hong Kongers are saving their money for?

Inflation, however, is hindering them to pursue these goals.

Port cargo throughput falls 11.1% YoY in Q3

The decrease in both inward and outward port cargo drove the overall decline.

Gov’t proposes regulatory regime on the use of autonomous vehicles

The bill will be up for the Legislative Council’s reading on 14 December.   The proposed new regulatory framework for the trial and specified use of autonomous vehicles –- Road Traffic (Amendment) (Autonomous Vehicles) Bill 2022 –- will be introduced to the Legislative Council on 14 December.   The Transport & Logistics Bureau, which proposed the bill, said autonomous vehicles technology has the promising advantage of enhancing road safety, optimising the use of limited road space and thereby reducing car accidents arising from human error.    In the Hong Kong Smart City Blueprint 2.0 published in December 2020, one of the smart mobility initiatives is to facilitate the technological advancement and industry development in Vehicle-to-Everything and autonomous vehicles.   The government then proposed amending the Road Traffic Ordinance and also empowering the Secretary for Transport & Logistics to make new subsidiary legislation, Autonomous Vehicles Regulation, to establish a suitable regulatory regime to facilitate the trial and specified use of autonomous vehicles.  

7 high-end properties up for sale 

The prices of the properties range from  $18.2m to $550m.

Specialist tech firms to gain major boost in Hong Kong thanks to proposed listing rules

The new regime exempts firms from existing financial eligibility tests under the Listing Rules.

Managing conversations to increase conversions

Enterprises that used chat management platform, imBee, saw a 25% increase in sales.