Hong Kong Business Magazine

Hong Kong Business Magazine Hong Kong Business is the only English-language business magazine dedicated to Hong Kong and China.

Meet the 20 young agents making a name in Hong Kong's property market.
18/09/2024

Meet the 20 young agents making a name in Hong Kong's property market.

Meet the 20 young agents making a name in Hong Kong's property market.

Indoor track, gym, and more: AIA’s HQ sets new wellness standards in corporate spaces.
13/09/2024

Indoor track, gym, and more: AIA’s HQ sets new wellness standards in corporate spaces.

The company’s revamped headquarters, which opened in May, include a 200-metre indoor, air-conditioned running track, a gym with see-through walls, and more.

10/09/2024

67% of employers still struggle to find tech talent despite the larger pool. https://bit.ly/3AREvwo

09/09/2024

Hong Kong’s real estate market is projected to surpass $3.8 trillion this year. https://bit.ly/3TmDvHf

The Hong Kong Business National Business Awards and Hong Kong Business Technology Excellence Awards 2024 celebrated near...
05/09/2024

The Hong Kong Business National Business Awards and Hong Kong Business Technology Excellence Awards 2024 celebrated nearly 300 guests on 4 September, recognising exceptional local businesses and tech innovations. A warm congratulations to all 🏆

To view the list of trailblazers and their impact on the industry, visit: https://bit.ly/3XyZlZp

Winning companies were honoured at the Awards Dinner on 4 September 2024.

02/09/2024

The GBA Standard Contract streamlines cross-border data transfer rules between the nine cities in the Greater Bay Area in China and Hong Kong. Discussing this are James (Yu) Gong, Legal Director, Hong Kong, Bird & Bird and Dora Si, Partner for Intellectual Property Department at Deacons Hong Kong.
https://bit.ly/3Xt7RtK

OKOSIX, developer of fully biodegradable masks and gowns, seeks $5m to scale production and expand its sustainable produ...
29/08/2024

OKOSIX, developer of fully biodegradable masks and gowns, seeks $5m to scale production and expand its sustainable product line.

Green-tech startup OKOSIX is seeking $5m in venture capital as it develops more organic and biodegradable products to increase its reach and expand its factory

Surge Motion targets the US for growth, providing innovative fall prevention technology to improve elderly health and sa...
29/08/2024

Surge Motion targets the US for growth, providing innovative fall prevention technology to improve elderly health and safety.

Surge Motion is expanding in the US, where it plans to market its pioneering technology in fall prevention for the elderly.

Understanding consumer preferences is key to Hong Kong's retail recovery strategy.
26/08/2024

Understanding consumer preferences is key to Hong Kong's retail recovery strategy.

They must innovate, improve service or partner with their rivals amidst slumping sales.

Amidst the rising demand for short-term projects and flexible jobs, employers are now turning to contractors to meet bus...
26/08/2024

Amidst the rising demand for short-term projects and flexible jobs, employers are now turning to contractors to meet business needs.

Interim hires, who don’t need fringe benefits, are favoured amidst corporate belt-tightening.

Hong Kong SMEs expanding internationally benefit from Aspire’s multi-currency platform, which streamlines financial mana...
20/08/2024

Hong Kong SMEs expanding internationally benefit from Aspire’s multi-currency platform, which streamlines financial management and supports cross-border growth.

Aspire's focus on multi-currency cash management aligns with the needs of Hong Kong SMEs, as 70% expand abroad, making its market entry strategic.

Libpet's smart mobility solutions expand accessibility and convenience for everyone, not just the disabled.
14/08/2024

Libpet's smart mobility solutions expand accessibility and convenience for everyone, not just the disabled.

Mobility tech for the physically challenged also offers convenience to the young and able-bodied.

02/08/2024

Hong Kong’s real estate market remains cautious in Q2, with distressed assets driving transactions. Kathy Lee, Head of Research, Colliers Hong Kong shares insights on how these sales are shaping market sentiment and affecting key sectors. https://bit.ly/3SxJPLy

19/07/2024

A recent survey from Robert Walters found that the demand for contract roles in Hong Kong remains strong amidst the challenging climate. Matthew Sullivan, Senior Manager of Financial Services – Contracting Division tackles the findings of the survey. https://bit.ly/3Sdrxis

FundPark and HKECIC spill how their first-in-the-market solution leverages advanced data and credit insurance.
19/07/2024

FundPark and HKECIC spill how their first-in-the-market solution leverages advanced data and credit insurance.

Their partnership integrated data analytics and credit insurance to aid and protect small-scale business operations.

Hong Kong's education system is under strain as thousands of teachers leave, impacting future leadership development.
11/07/2024

Hong Kong's education system is under strain as thousands of teachers leave, impacting future leadership development.

A total of 6,748 teachers fled their positions, straining Hong Kong’s education system.

Under the amendment bill, Hong Kongers working 68 hours in four weeks get Employee Ordinance benefits.
11/07/2024

Under the amendment bill, Hong Kongers working 68 hours in four weeks get Employee Ordinance benefits.

Upon legislation, the ‘468 rule’ will benefit an additional 11,400 Hong Kong employees.

Stephenson Hardwood unveils a new office at One Taikoo Place, designed to foster a collaborative legal environment and s...
04/07/2024

Stephenson Hardwood unveils a new office at One Taikoo Place, designed to foster a collaborative legal environment and support team learning.

The legal firm’s Quarry Bay office has a centralised social hub and collaboration zone for learning by osmosis.

03/07/2024

Hong Kong’s new patent box tax incentive offers a 5% tax rate for IP income, which can boost R&D-focused businesses. Carol Lam, Director, Head of Tax, BDO discusses this new incentive. https://bit.ly/3VREtM0

Stephenson Hardwood unveils a new office at One Taikoo Place, designed to foster a collaborative legal environment and s...
02/07/2024

Stephenson Hardwood unveils a new office at One Taikoo Place, designed to foster a collaborative legal environment and support team learning.

The legal firm’s Quarry Bay office has a centralised social hub and collaboration zone for learning by osmosis.

Hospitality and tourism can thrive if value offerings are prioritised amidst the mega events boom.
02/07/2024

Hospitality and tourism can thrive if value offerings are prioritised amidst the mega events boom.

Hospitality and tourism players are at the cusp of fully reaping the benefits of Hong Kong’s mega events boom if only they prioritise value offerings.

F&B vendors face changes as regulations ban single-use plastics, encouraging environmentally-friendly packaging alternat...
02/07/2024

F&B vendors face changes as regulations ban single-use plastics, encouraging environmentally-friendly packaging alternatives.

The new regulation will be implemented in two phases to allow businesses ample time for transition.

01/07/2024

Even with the decoupling from China, Asia-Pacific is still one of the top regions considered for relocating offshore production sites according to Françoise Huang, Senior Economist for Asia Pacific, Allianz Trade Asia Pacific. https://bit.ly/4eIGzGx

01/07/2024

Relaxed loan-to-value [LTV] ratios for commercial real estate have boosted sellers' confidence, reducing distressed opportunities in Hong Kong. Reeves Yan, Head of Capital Markets, CBRE Hong Kong discusses this trend. https://bit.ly/4eNNfU2

26/06/2024

With around 1.7 million tourists expected at Hong Kong’s mega events this year, the tourism industry is gearing up for a big boost in spending. Discussing this topic are:
- Prudence Lai, Research Consultant at Euromonitor International
- Dan Voellm, CEO and founder of AP Hospitality Advisors; and
- Cynthia Ng, Head of Retail Services, Colliers Hong Kong
https://bit.ly/3xFTjwQ"

26/06/2024

Hong Kong’s economy is still finding its footing, with some growth coming from mainland China’s bounce back, government support, and public investment. Marcos Chan, Executive Director, Head of Research, CBRE Hong Kong sheds light on this topic. https://bit.ly/3ztOQhe

Y.X ensures a balanced lifestyle for students at Y83 by offering a VR gaming area alongside dedicated study spaces.
25/06/2024

Y.X ensures a balanced lifestyle for students at Y83 by offering a VR gaming area alongside dedicated study spaces.

Acknowledging the importance of play, operator Y.X provides gaming facilities to help student residents balance studies and leisure.

Content creators have become pivotal in travel recommendations, driving Klook to expand its JOYKreator programme for inf...
25/06/2024

Content creators have become pivotal in travel recommendations, driving Klook to expand its JOYKreator programme for influencers and customers.

Reliance on travel recommendations from content creators has pushed Klook to expand its JOYKreator programme.

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Videos

HKB x Colliers: Hotel sector lags despite tourism surge in Hong Kong
HKB x Colliers: Hotel sector lags despite tourism surge in Hong Kong

Hong Kong tourism surges in 2024, but the hotel industry lags behind. https://bit.ly/3MXev5u

HKB x Robert Walters: Hongkong faces tech talent shortage amidst skill gaps
HKB x Robert Walters: Hongkong faces tech talent shortage amidst skill gaps

67% of employers still struggle to find tech talent despite the larger pool. https://bit.ly/3AREvwo

HKB x Colliers Hong Kong: Highest interest dents Hong Kong real estate sales
HKB x Colliers Hong Kong: Highest interest dents Hong Kong real estate sales

Hong Kong’s real estate market is projected to surpass $3.8 trillion this year. https://bit.ly/3TmDvHf

HKB: GBA standard contract simplifies data sharing for Hong Kong businesses
HKB: GBA standard contract simplifies data sharing for Hong Kong businesses

The GBA Standard Contract streamlines cross-border data transfer rules between the nine cities in the Greater Bay Area in China and Hong Kong. Discussing this are James (Yu) Gong, Legal Director, Hong Kong, Bird & Bird and Dora Si, Partner for Intellectual Property Department at Deacons Hong Kong. https://bit.ly/3Xt7RtK

HKB x Colliers: Distressed sales lead Hong Kong Q2 real estate transactions
HKB x Colliers: Distressed sales lead Hong Kong Q2 real estate transactions

Hong Kong’s real estate market remains cautious in Q2, with distressed assets driving transactions. Kathy Lee, Head of Research, Colliers Hong Kong shares insights on how these sales are shaping market sentiment and affecting key sectors. https://bit.ly/3SxJPLy

HKB x Robert Walters: HK employers increasingly hiring contract professionals
HKB x Robert Walters: HK employers increasingly hiring contract professionals

A recent survey from Robert Walters found that the demand for contract roles in Hong Kong remains strong amidst the challenging climate. Matthew Sullivan, Senior Manager of Financial Services – Contracting Division tackles the findings of the survey. https://bit.ly/3Sdrxis

HKB x BDO: Hong Kong patent box incentive boosts R&D investments
HKB x BDO: Hong Kong patent box incentive boosts R&D investments

Hong Kong’s new patent box tax incentive offers a 5% tax rate for IP income, which can boost R&D-focused businesses. Carol Lam, Director, Head of Tax, BDO discusses this new incentive. https://bit.ly/3VREtM0

https://vimeo.com/964276101?share=copy
https://vimeo.com/964276101?share=copy

Even with the decoupling from China, Asia-Pacific is still one of the top regions considered for relocating offshore production sites according to Françoise Huang, Senior Economist for Asia Pacific, Allianz Trade Asia Pacific. https://bit.ly/4eIGzGx

HKB x CBRE: Hong Kong LTV relaxation boosts seller confidence
HKB x CBRE: Hong Kong LTV relaxation boosts seller confidence

Relaxed loan-to-value [LTV] ratios for commercial real estate have boosted sellers' confidence, reducing distressed opportunities in Hong Kong. Reeves Yan, Head of Capital Markets, CBRE Hong Kong discusses this trend. https://bit.ly/4eNNfU2

HKB x Mega Events 2024: Hong Kong gears up for 1.7M expected tourists in mega events
HKB x Mega Events 2024: Hong Kong gears up for 1.7M expected tourists in mega events

With around 1.7 million tourists expected at Hong Kong’s mega events this year, the tourism industry is gearing up for a big boost in spending. Discussing this topic are: - Prudence Lai, Research Consultant at Euromonitor International - Dan Voellm, CEO and founder of AP Hospitality Advisors; and - Cynthia Ng, Head of Retail Services, Colliers Hong Kong https://bit.ly/3xFTjwQ"

HKB x CBRE: Mainland China’s resurgence drives Hong Kong’s recovery
HKB x CBRE: Mainland China’s resurgence drives Hong Kong’s recovery

Hong Kong’s economy is still finding its footing, with some growth coming from mainland China’s bounce back, government support, and public investment. Marcos Chan, Executive Director, Head of Research, CBRE Hong Kong sheds light on this topic. https://bit.ly/3ztOQhe

HKB x Colliers: Hong Kong hospitality gears up for mega events
HKB x Colliers: Hong Kong hospitality gears up for mega events

Hong Kong has 210 events in 2024 and Shaman Chellaram from Colliers suggests focusing on the Clockenflap music festival and Hong Kong Fashion Design Week, amongst others. Find out why here https://bit.ly/3VuRwCN

HKB x Colliers HK: Hong Kong office rents drop amidst increased vacancies
HKB x Colliers HK: Hong Kong office rents drop amidst increased vacancies

The vacancy rate in Hong Kong's office market exceeded 16% in the first quarter, leading to predictions of declining rental rates.Fiona Ngan, Head of Occupier Services at Colliers Hong Kong discusses this trend. https://bit.ly/3UPlIZa

HKB x Tanner De Witt: New law aids HK businesses against mainland infringers
HKB x Tanner De Witt: New law aids HK businesses against mainland infringers

A new legal agreement now allows Hong Kong and Mainland China to enforce each other's court rulings on infringement issues. Douglas Clark, a partner at Tanner De Witt, expounds on this. https://bit.ly/3wdE4e7

HKB x PwC: Hong Kong retail to see 5% YOY increase
HKB x PwC: Hong Kong retail to see 5% YOY increase

There is an anticipated 5% YoY increase in total sales to $428b in HK's retail sector, according to Michael Cheng, Asia Pacific, Mainland China, and Hong Kong Consumer Markets Leader for PwC. https://bitly.ws/3gsuU

HKB x Morgan Lewis: Life sciences industry offers investors high risks and rewards
HKB x Morgan Lewis: Life sciences industry offers investors high risks and rewards

Asian investors adjust strategies to avoid regulation through licensing and collaborations, not direct investments, says Lesli Ligorner, Partner at Morgan Lewis in Tokyo and China. She is joined by Bill Huang, Managing Associate based in Beijing for this interview. https://bitly.ws/3ghog

HKB x Colliers: Greater Bay Area’s development boosts the city’s competitiveness
HKB x Colliers: Greater Bay Area’s development boosts the city’s competitiveness

HK's investment market could be boosted by anticipated interest rate drops in H2, says Thomas Chak, Co-head of Capital Markets & Investment Services at Colliers HK. https://bitly.ws/3fIKi

HKB x SQM Global Properties: MQDC launches Bangkok’s The Forestias to HK market
HKB x SQM Global Properties: MQDC launches Bangkok’s The Forestias to HK market

A $3.5 billion-dollar landscape set to be Thailand's largest development is scheduled for completion in 2024. Spokespersons for MQDC and SQM properties, provide insights into The Aspen Tree The Forestias project in our interview. https://bit.ly/3P8F2yy

HKB x RSM Singapore: Foreign investments in China down to 18-year low in 2022
HKB x RSM Singapore: Foreign investments in China down to 18-year low in 2022

Language and communication still remains one of the primary challenges for foreign investment in China. Experts Agnes Cheung, Managing Partner, Tax RSM Hong Kong & Yeo Lee Soon, Director, China Business Advisory tackles this issue in this video: https://bit.ly/3wfQbqobqo

HKB x Tanner De Witt: SFC updates regulatory framework for security token offerings
HKB x Tanner De Witt: SFC updates regulatory framework for security token offerings

The SFC now applies a 'same product, same risk, same regulation' approach in its updated framework for STOs. Padraig Walsh, Partner, Tanner De Witt, discusses this new regulation in this video: https://bit.ly/42e5YSF

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