Locally, demand for AI tools is also likely to expand. Nearly three-quarters of Hong Kong’s businesses feel they are ready to incorporate new technologies including AI by the end of …
“There’s no need to be concerned,” he said. “It’s a question of how you can play to your strengths going forward. And therefore I wouldn’t even make that comparison whether …
Meanwhile, China’s central bank has been on an easing trajectory, with its latest decision in February cutting 25 basis points from banks’ five-year loan prime rate (LPR), the largest shave …
Hong Kong property sales are expected to hit a 10-month high in March following the removal of all of the city’s property cooling measures, two leading property agencies said. Midland …
Singapore, which is widely perceived as Hong Kong’s main rival as a finance hub, came seventh. Shanghai claimed the ninth spot, just behind Austin, and ahead of Seattle, which rounded …
The multifamily market penetration rate in Shanghai – its share of the entire rental sector – is tipped to surge to 15 per cent by 2030 from 5 per cent …
The SFC has signed a sale-and-purchase agreement with the property developer to acquire 12 floors of the grade-A office building, according to a statement on Friday. The acquisition of the …
Cities in Asia-Pacific are staring at an “unprecedented shortage” of sustainable office buildings as companies strive to meet their net zero targets, according to JLL. Office tenants will be looking …
Hong Kong’s luxury home market, which has been dealt a triple whammy of lower economic activity in mainland China, elevated global interest rates and higher mortgage costs, is poised for …
Hong Kong needs to improve access to electricity from renewable sources and provide government subsidies and land grants if the city wants to be a hub for the data centre …