The appetite of mainland Chinese firms for premium space was not enough to stem a steady increase in the vacancy rate as more office premises came online and overall demand shrank.
First to Downgrade EVERGRANDE 3 Yrs Ago, UBS’s John Lam Now Turns Positive on CN Property
Bloomberg reported that John Lam, head of China and Hong Kong property research at UBS, said his view of China's property market has turned positive and expects a gradual recovery ...
Scam alert: fake Post article featuring Hong Kong movie star Donnie Yen promotes online trading tools
Scammers have published a fictitious article with the appearance of a South China Morning Post story and a reporter’s byline to promote two online financial trading apps.
Local banks and S’pore, HK police recover more than $370k for 70-year-old man in foiled scam
Scammers told the man his computer had been hacked and his bank accounts were used for illegal activities. Read more at straitstimes.com.
Hong Kong lashed with nearly 10,000 lightning strikes overnight
Hong Kong was lashed by nearly 10,000 cloud-to-ground lightning strikes from Tuesday night to Wednesday morning, according to data from the city’s weather observatory. The Chinese city is accustomed ...
Green buildings: Hong Kong needs ‘revolution’ in materials, cull of old ‘carbon-hog’ structures, says David Gottfried
City must encourage retrofitting or replacement of old ‘carbon-hog’ buildings and accelerate adoption of construction materials with lower ‘embodied’ carbon, says World Green Building Council founder ...
China Keeps Shooting Itself in the Foot in Hong Kong
China's suppression of civil liberties in Hong Kong under cover of national security poses a threat to its own economic interests.
HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme
“Customers are particularly interested in residency or investment opportunities in the city,” said Winnie Ng, head of distribution sales management, wealth and personal banking at the Hong Kong office ...
Hong Kong’s low-paid workers find little to celebrate about as new minimum wage formula gets nod
Thirteen years after statutory minimum wage introduced, a new formula that bars any rate cuts in future has been approved.
Ultra athlete Mayank Vaid, who tried to swim around Hong Kong twice in a day, eyes Double Arch 2 Arc Triathlon first
Hong Kong lawyer Mayank Vaid once held the record for the Enduroman Arch 2 Arc and in August will become the first person to attempt double that race.
Call for Hong Kong government to offer better job support for young people belonging to ethnic minorities
KELY Support Group says schools should provide more career support and companies can benefit from diverse cultural background and talent.
Global talents to enhance Hong Kong’s competitiveness: HKSAR chief executive
John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Tuesday that attracting global talents to Hong Kong will directly enhance Hong Kong's competitiveness and drive the city's economic development.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June. Hang Seng Bank has announced a first interim dividend of HK$1.2 per share for Q1 2024. The payment date has been set for 6 June, the Hong Kong-baesd bank said in an ...
Hong Kong court overturns convictions of broker and 3 executives in alleged scheme to defraud Convoy of HK$51 million
Court of Appeal clears three executives of two charges of conspiracy to defraud and quashes conviction of fourth defendant.