Holly Chik

Holly Chik joined the Post as a reporter in 2019. Previously, she interned at Reuters in Hong Kong.
Holly Chik
Holly Chik joined the Post as a reporter in 2019. Previously, she interned at Reuters in Hong Kong.

Latest from Holly Chik

Gloom weighs on Hong Kong as 40 per cent of small businesses see city’s economy worsening in the next 12 months, survey shows

The findings illustrate how Hong Kong’s economy is heading for a technical recession in the fiscal third quarter ending in December, as four consecutive months of street protests have deterred visitors, dented retail sales and consumption.

16 Oct 2019 - 10:05PM

The findings illustrate how Hong Kong’s economy is heading for a technical recession in the fiscal third quarter ending in December, as four consecutive months of street protests have deterred visitors, dented retail sales and consumption.

Gloom weighs on Hong Kong as 40 per cent of small businesses see city’s economy worsening in the next 12 months, survey shows
Hong Kong’s smaller companies are not ready to face cybersecurity threats, warns Chubb Insurance

More than 75 per cent of Hong Kong small- and medium-sized firms fell victim to cyberattacks last year, according to Chubb Insurance

14 Oct 2019 - 6:06PM

More than 75 per cent of Hong Kong small- and medium-sized firms fell victim to cyberattacks last year, according to Chubb Insurance

Hong Kong’s smaller companies are not ready to face cybersecurity threats, warns Chubb Insurance
Hong Kong’s mall owners push back at tenants’ pleas to cut rents even as retail sales shrink amid unrelenting protests

Retailers and market observers say the proposals mall owners have come up with fall far short of what is needed to keep them in business.

11 Oct 2019 - 8:35AM

Retailers and market observers say the proposals mall owners have come up with fall far short of what is needed to keep them in business.

Hong Kong’s mall owners push back at tenants’ pleas to cut rents even as retail sales shrink amid unrelenting protests
CK Asset discounts its first property launch of 2019 by up to 10 per cent, bowing to a stalling market as Hong Kong’s rallies bite
US-China trade war may have ‘milder than feared’ effect on global growth, Fidelity says

There is no ‘imminent risk’ of a global recession next year, according to Fidelity, but the trade war’s drag on business, consumer confidence is a key indicator to watch

9 Oct 2019 - 10:20PM

There is no ‘imminent risk’ of a global recession next year, according to Fidelity, but the trade war’s drag on business, consumer confidence is a key indicator to watch

US-China trade war may have ‘milder than feared’ effect on global growth, Fidelity says
Wheelock sees dismal sales of new flats at Lohas Park after weekend of protest carnage in Hong Kong

Wheelock Properties went ahead with sales at Grand Marini in Lohas Park even as most MTR stations remained closed amid increasingly violent protests

7 Oct 2019 - 10:40PM

Wheelock Properties went ahead with sales at Grand Marini in Lohas Park even as most MTR stations remained closed amid increasingly violent protests

Wheelock sees dismal sales of new flats at Lohas Park after weekend of protest carnage in Hong Kong
Hong Kong protests: many residents blame government as shopping malls and rail network remain out of action for entire day for the first time in city’s history

City residents vent anger on government over inconvenience as shopping malls and MTR services remain closed following a day of violent rampage.

5 Oct 2019 - 11:16PM

City residents vent anger on government over inconvenience as shopping malls and MTR services remain closed following a day of violent rampage.

Hong Kong protests: many residents blame government as shopping malls and rail network remain out of action for entire day for the first time in city’s history
Hong Kong protests: MTR, banks, supermarkets and shopping centres all closed as city grinds to halt after another night of violence

Rail operator took unprecedented step of closing entire network on Friday night and has said it will not reopen on Saturday, while supermarkets, shopping centres, and banks are all shut as city braces for another weekend of unrest.

5 Oct 2019 - 11:16PM

Rail operator took unprecedented step of closing entire network on Friday night and has said it will not reopen on Saturday, while supermarkets, shopping centres, and banks are all shut as city braces for another weekend of unrest.

Hong Kong protests: MTR, banks, supermarkets and shopping centres all closed as city grinds to halt after another night of violence
Financial services lawmaker says cap on margin financing will make survival of small stock brokerages extremely difficult

Financial services lawmaker Christopher Cheung Wah-fung and industry representatives were unable to convince the government to drop the rule which comes into effect today.

4 Oct 2019 - 8:30AM

Financial services lawmaker Christopher Cheung Wah-fung and industry representatives were unable to convince the government to drop the rule which comes into effect today.

Financial services lawmaker says cap on margin financing will make survival of small stock brokerages extremely difficult
Mainland tourists skip Hong Kong for Singapore as city misses out on golden week bonanza

Analysts say Singapore is reaping the rewards of long term planning and investment.

2 Oct 2019 - 10:25PM

Analysts say Singapore is reaping the rewards of long term planning and investment.

Mainland tourists skip Hong Kong for Singapore as city misses out on golden week bonanza
Budweiser shares close 4 per cent higher on trading debut in Hong Kong

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

30 Sep 2019 - 11:03PM

Budweiser’s US$5 billion IPO is the second-biggest listing globally this year after Uber Technologies’ US$8.1 billion offering in New York in May

Budweiser shares close 4 per cent higher on trading debut in Hong Kong
Papermaker Nine Dragons’ profit sinks 51 per cent as it gets caught in the US-China trade war

The Guangdong-based company paid 650 million yuan in tariffs last year, but plans to reduce waste paper imports from the US to 15 per cent from 25 per cent currently and bring down its tariff bill to under 300 million yuan.

25 Sep 2019 - 10:55PM

The Guangdong-based company paid 650 million yuan in tariffs last year, but plans to reduce waste paper imports from the US to 15 per cent from 25 per cent currently and bring down its tariff bill to under 300 million yuan.

Papermaker Nine Dragons’ profit sinks 51 per cent as it gets caught in the US-China trade war
Number of Hongkongers expecting home prices to fall doubles, Citi survey shows, as political crisis darkens the mood

Citi survey finds 56 per cent of Hongkongers see home prices falling in the next year, compared with 28 per cent before protests began

24 Sep 2019 - 6:30PM

Citi survey finds 56 per cent of Hongkongers see home prices falling in the next year, compared with 28 per cent before protests began

Number of Hongkongers expecting home prices to fall doubles, Citi survey shows, as political crisis darkens the mood
Causeway Bay’s retail vacancy rate to soar, with one in 10 shops standing empty as Hong Kong’s street rallies enter their 15th week

Hong Kong’s retail sales fell 6.7 per cent in June, the fifth consecutive month of declines as protest rallies picked up pace.

18 Sep 2019 - 8:00AM

Hong Kong’s retail sales fell 6.7 per cent in June, the fifth consecutive month of declines as protest rallies picked up pace.

Causeway Bay’s retail vacancy rate to soar, with one in 10 shops standing empty as Hong Kong’s street rallies enter their 15th week
Several dozen Hong Kong retailers likely to fold as protests hit sales, leaving thousands unemployed

Hong Kong’s retailers are likely to miss out on the five-day golden week holiday sales bonanza in early October as mainland tourists stay away amid the ongoing protests.

17 Sep 2019 - 10:33AM

Hong Kong’s retailers are likely to miss out on the five-day golden week holiday sales bonanza in early October as mainland tourists stay away amid the ongoing protests.

Several dozen Hong Kong retailers likely to fold as protests hit sales, leaving thousands unemployed
China’s US$64 billion property management market ripe for consolidation as developers seek growth amid slowdown

Hong Kong-listed property managers spent more than US$424 million on mergers and acquisitions last year, according to DBS, which also expects some major mainland developers to spin off their subsidiaries via IPOs.

16 Sep 2019 - 6:08PM

Hong Kong-listed property managers spent more than US$424 million on mergers and acquisitions last year, according to DBS, which also expects some major mainland developers to spin off their subsidiaries via IPOs.

China’s US$64 billion property management market ripe for consolidation as developers seek growth amid slowdown
Hong Kong protests: hundreds of pupils hold peaceful rally in Central as parents, teachers and opposition lawmakers offer support

The six pupils who organised the event in Edinburgh Place said 500 people attended the rally, which lasted for more than three hours.

14 Sep 2019 - 11:34PM

The six pupils who organised the event in Edinburgh Place said 500 people attended the rally, which lasted for more than three hours.

Hong Kong protests: hundreds of pupils hold peaceful rally in Central as parents, teachers and opposition lawmakers offer support
Office workers join singing flash mob on their lunch break as part of Hong Kong protests throughout Mid-Autumn Festival holiday

Hundreds of people turn out at Chater Garden in Central where they sing protest anthem Glory to Hong Kong and chant slogans. Day of protest begins with human chains formed at schools and will continue with events across city.

13 Sep 2019 - 4:43PM

Hundreds of people turn out at Chater Garden in Central where they sing protest anthem Glory to Hong Kong and chant slogans. Day of protest begins with human chains formed at schools and will continue with events across city.

Office workers join singing flash mob on their lunch break as part of Hong Kong protests throughout Mid-Autumn Festival holiday
Hong Kong moves on vacancy tax bill to target property developers hoarding new flats – as opposition says it’s a distraction from protests

Bill will target newly completed flats left empty for more than half a year but opposition lawmakers accuse city leader Carrie Lam of targeting developers to divert attention from roiling political crisis.

13 Sep 2019 - 9:54AM

Bill will target newly completed flats left empty for more than half a year but opposition lawmakers accuse city leader Carrie Lam of targeting developers to divert attention from roiling political crisis.

Hong Kong moves on vacancy tax bill to target property developers hoarding new flats – as opposition says it’s a distraction from protests
Wheelock’s new flats in Tseung Kwan O get tepid reception as protests keep chipping away at sentiment

Slow day of sales for batch of flats at Marini, Grand Marini projects shows how political crisis is rapidly sapping appetite among buyers

12 Sep 2019 - 8:00AM

Slow day of sales for batch of flats at Marini, Grand Marini projects shows how political crisis is rapidly sapping appetite among buyers

Wheelock’s new flats in Tseung Kwan O get tepid reception as protests keep chipping away at sentiment
Hong Kong tycoon Richard Li takes out newspaper ads in support of ‘one country, two systems’ principle, calls for end to protests

Richard Li Tzar-kai, the Hong Kong telecoms tycoon and younger son of Li Ka-shing, the city’s richest man, backed the “one country, two systems” principle in full-page adverts in seven newspapers on Thursday.

5 Sep 2019 - 5:40PM

Richard Li Tzar-kai, the Hong Kong telecoms tycoon and younger son of Li Ka-shing, the city’s richest man, backed the “one country, two systems” principle in full-page adverts in seven newspapers on Thursday.

Hong Kong tycoon Richard Li takes out newspaper ads in support of ‘one country, two systems’ principle, calls for end to protests
Citibank says Hong Kong credit card spending dropped in August amid protests

Citibank, Hong Kong’s largest foreign lender, said credit card spending on retail had dropped in recent months, with the special administrative region hit hard by 13 weeks of unprecedented social unrest.

5 Sep 2019 - 3:38PM

Citibank, Hong Kong’s largest foreign lender, said credit card spending on retail had dropped in recent months, with the special administrative region hit hard by 13 weeks of unprecedented social unrest.

Citibank says Hong Kong credit card spending dropped in August amid protests
Spider-Man, Ne Zha take China’s summer box office to new record as people seek cheaper thrills amid economic downturn

Almost half a billion cinema tickets were sold between June and August, pushing revenues to US$2.45 billion, slightly above last summer’s figure

4 Sep 2019 - 2:39PM

Almost half a billion cinema tickets were sold between June and August, pushing revenues to US$2.45 billion, slightly above last summer’s figure

Spider-Man, Ne Zha take China’s summer box office to new record as people seek cheaper thrills amid economic downturn
Tai Hing to push ahead with expansion plan as interim growth helps offset impact from 12 weeks of street protests in Hong Kong

Hong Kong’s restaurants, shopping centres and banks are bearing the brunt of 12 weeks of street protests since early June, which have crimped retail sentiment and deterred visitors especially those from mainland China.

30 Aug 2019 - 7:05PM

Hong Kong’s restaurants, shopping centres and banks are bearing the brunt of 12 weeks of street protests since early June, which have crimped retail sentiment and deterred visitors especially those from mainland China.

Tai Hing to push ahead with expansion plan as interim growth helps offset impact from 12 weeks of street protests in Hong Kong
Hong Kong protests: residents young and old take to streets in peaceful rallies and urge police to ‘lay down their weapons’

Parents voice concerns in Central where organisers say they want a Hong Kong where children are free, while in Wan Chai ‘silver-haired citizens’ say blame for violence rests with response to demands from Chief Executive Carrie Lam.

10 Aug 2019 - 5:04PM

Parents voice concerns in Central where organisers say they want a Hong Kong where children are free, while in Wan Chai ‘silver-haired citizens’ say blame for violence rests with response to demands from Chief Executive Carrie Lam.

Hong Kong protests: residents young and old take to streets in peaceful rallies and urge police to ‘lay down their weapons’