Hong Kong Business

Retail rents up 1.8% QoQ in 1Q24 amidst tourism surge
Tsim Sha Tsui led submarkets with a 2.6% increase.
Grade A office rent dips 2.5% QoQ in 1Q24
Major submarkets like Island East experienced decline in rents.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June.
SME workers eye 3.8% salary hike in 2024: Prudential
Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.
New campaign elevates incentive travel experiences in Hong Kong
The campaign offers over 100 new Hong Kong experiences.
No new applicants for sale of old buildings in Q1
Demand and investments for private residential units have slowed.
3D printing made easy: Empower creativity and innovation with MakeOmnia
With a track record of success in implementing 3D printing solutions and a commitment to advancing STEM education, MakeOmnia fosters creativity and hands-on learning.
Hong Kong and Shanghai eye stronger healthcare collaboration
The two will push forward the “Healthy China” initiative.
Hong Kong and Shanghai strengthen ties across various sectors
Some areas of collaboration include the Belt and Road development and business investment, innovation and technology, digital economy, finance, and civil aviation.
Mainland residents granted extended 14-day business stay in HK
Application of the exit endorsement for talent to Beijing and Shanghai was also extended.
HK anticipates 112k private flats in next 3-4 years
It is up by 3,000 units from the previous estimate.
HK extends grant scheme to boost OFCs and REITs
The extended scheme will start accepting applications from 10 May.
Hong Kong aims to lead in IP trading
Key initiatives include recruiting diverse patent examiners and introducing a "patent box" tax incentive.
Citybus approved to import 20 NFB drivers
Imported NFB drivers are restricted from other duties beyond the scheme.
$500m single-lot house in Purves Road hits market
The property spans a total of 9,814 sq ft.

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Exclusives

Exclusives

Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
HR & Education MBA programmes in Hong Kong live up to financial hub status
MBA providers hop on experiential learning and progressive curriculums to ensure competitive edge in the rapidly evolving business landscape.
Hotels & Tourism Trip.com unifies all units in new Hong Kong office
Embracing tourism at its core, the new office displays a panoramic view of the Victoria Harbour.

Top News

Retail rents up 1.8% QoQ in 1Q24 amidst tourism surge
Tsim Sha Tsui led submarkets with a 2.6% increase.
Grade A office rent dips 2.5% QoQ in 1Q24
Major submarkets like Island East experienced decline in rents.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June.
SME workers eye 3.8% salary hike in 2024: Prudential
Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.
New campaign elevates incentive travel experiences in Hong Kong
The campaign offers over 100 new Hong Kong experiences.
No new applicants for sale of old buildings in Q1
Demand and investments for private residential units have slowed.
3D printing made easy: Empower creativity and innovation with MakeOmnia
With a track record of success in implementing 3D printing solutions and a commitment to advancing STEM education, MakeOmnia fosters creativity and hands-on learning.
Hong Kong and Shanghai eye stronger healthcare collaboration
The two will push forward the “Healthy China” initiative.
Hong Kong and Shanghai strengthen ties across various sectors
Some areas of collaboration include the Belt and Road development and business investment, innovation and technology, digital economy, finance, and civil aviation.
Mainland residents granted extended 14-day business stay in HK
Application of the exit endorsement for talent to Beijing and Shanghai was also extended.
HK anticipates 112k private flats in next 3-4 years
It is up by 3,000 units from the previous estimate.
HK extends grant scheme to boost OFCs and REITs
The extended scheme will start accepting applications from 10 May.
Hong Kong aims to lead in IP trading
Key initiatives include recruiting diverse patent examiners and introducing a "patent box" tax incentive.
Citybus approved to import 20 NFB drivers
Imported NFB drivers are restricted from other duties beyond the scheme.
$500m single-lot house in Purves Road hits market
The property spans a total of 9,814 sq ft.

Exclusives

Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
HR & Education MBA programmes in Hong Kong live up to financial hub status
MBA providers hop on experiential learning and progressive curriculums to ensure competitive edge in the rapidly evolving business landscape.
Hotels & Tourism Trip.com unifies all units in new Hong Kong office
Embracing tourism at its core, the new office displays a panoramic view of the Victoria Harbour.

Join the Hong Kong Business community