The postponement shows how Hong Kong’s worst political crisis, sparked by popular protest against a controversial extradition bill, is widening in its business impact and hitting the city’s economy hard.
The maker of bestselling Snow is “evaluating” Budweiser APAC’s business but has yet to make a decision, its chief executive said.
New York agent who handles investments beginning at US$10 million says he is receiving an unusually high volume of requests from Hong Kong’s super rich about helping them relocate to America.
Fewer than 100 protesters remained in arrivals hall overnight but some 1,000 others have now joined them, and are now making posters, greeting travellers, and chanting ‘add oil, Hong Kong’.
Organisers hope for calm by the time Hong Kong’s trade show and exhibition calendar kicks into high gear in September.
Leaving the special administrative region has always been on many Hongkongers’ minds. But frustration and fear over the erosion of freedoms that have led to huge protest rallies may prove to be the final straw.
Home sales in the gambling hub plunged 42.2 per cent in the first half from the same period a year earlier, said JLL quoting government figures
Restaurant rents in these two districts are set to fall up to 8 per cent and 3 per cent respectively in the next six months, according to Cushman & Wakefield.
Home prices in Hong Kong are poised for declines as the biggest spate of civic unrest in the city’s history threatens to push the property bull run off its footing.
JLL predicts a 5 to 10 per cent drop in rents for high street shops and up to 5 per cent growth for shopping centres rents for the remainder of the year, after overall retail rents fell 1.2 per cent in the April to June quarter.
Belgian brewing giant AB InBev kick-started the mega listing of its Asia business, Budweiser Brewing Company APAC, in Hong Kong with an investor roadshow on Wednesday, as it inches closer to the world’s biggest IPO this year.
The accounting giant’s estimate of a 5 per cent fall in retail sales is a downgrade from its earlier forecast of a 3 per cent drop.
Economists at Merrill Lynch predict negotiations will ‘end in another ceasefire, with both sides delaying additional tariffs’
Prime office rents in Hong Kong’s Central district are the most expensive globally for a fourth straight year, with growth in rents across Asia doubling year on year, US commercial real estate firm CBRE said on Tuesday.
Company opens third store covering 36,000 sq ft in Tseung Kwan O.
Impro Precision aims to increase its production capacity in Mexico to supply its American customers
Cost of living in Johor remains among the lowest in the world and property prices in Johor Bahru are much lower compared to most Southeast Asian cities.
Shares of China Tobacco International rise by as much 20.7 per cent, picking up from a lacklustre trading debut, but end the day with gains of only 9.7 per cent.