Noreen Jazul
Residential transaction volume to drop 49% YoY in Q1 2022
Residential transaction volume to drop 49% YoY in Q1 2022
The expected volume will be the lowest recorded since early 2020.
Cash takes the crown: 22% say it will be the best investment in 2022
It has beaten stocks and cryptocurrency.
Retail sales value up by 4.1% in January
The growth, however, was lower than the December 2021 record of 6.1%.
72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m
The industrial building in Kwai Ching will be sold on an “as-is” basis.
2022 budget shows commitment to revive economy: PwC
The budget includes extensive COVID-19 measures and tax reforms.
Turbulent start: Cathay's passenger, cargo traffic drop double-digits in January
In February, the airline expects reduced traffic for both its passenger and cargo business.
Fifth wave has outgrown HK’s capacity, but no lockdown for the city: Lam
The government will enhance capacity in various parts of its anti-epidemic effort instead.
Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK
Retail sales growth is expected to be lower in 2022 at 7%.
Growth in retail sales to crash to 0% in 2022 if…
In 2021, the growth in retail sales was 8.1%.
Rent control bill aims to bury abusive ‘coffin home’ landlords
A ban on rent hikes in the first 2 years and caps on increases after that have landlords worried.
HKMA extends Banking Talent Programme until August
The programme was supposed to end in February.
2,015 nano flats to be completed in 2022
Compared to 2021, the number of nano flats for completion doubled.
Property sales sink 16.5% MoM in January
When compared to January 2021, sales dipped by 4.8%.
New mortgage applications drop 15.7% MoM in December
Applications went down to 10,810 from 12,828 in November.
85% of family offices eye increased ESG investment in 2022: survey
Two-thirds of them are planning to increase allocations by more than 10%.
HK clinches 6th spot in data centre global rankings
In the Asia-Pacific, Hong Kong ranked second.
Competing for the best talent in Hong Kong’s shrinking talent pool
About 85% of employers are concerned about the talent shortage.
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