The APAC region is a powerhouse of economic activity, offering diverse investment opportunities across traditional sectors such as residential, commercial, industrial, and logistics, as well as emerging specialised sectors like data centres and cold storage. Singapore ranked highest among Asian countries and second overall, after the US. Other Asian nations in the top 10 include…
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According to recent research within the business community, approximately 63% of Hong Kong employers plan to hire contractors this year. Hong Kong is currently undergoing numerous transformation projects, which demand immediate talent. Employers face challenges in securing headcount approval for permanent roles, making contracting an attractive option for quickly and efficiently bringing in staff. The…
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The Hong Kong Special Administrative Region (HKSAR) saw a record high in new company registrations in the first half (H1) of 2024, according to the Companies Registry of the HKSAR. In H1 2024, 66,734 new local companies were registered, bringing the total number of local companies under the Companies Ordinance to a historical high of…
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Over the past decade, the booming development of international trade and the increasing influence of the Belt and Road Initiative have highlighted the importance of a diversified commercial dispute resolution regime, with arbitration remaining the most preferred mechanism for resolving international commercial disputes. Globally, although ad hoc arbitration is the original form, institutional arbitration has…
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Explore the vibrant tapestry of Hong Kong, acclaimed as Asia’s World City, where 24-hour trading seamlessly interacts with the globe’s most influential financial hubs. With its sophisticated financial infrastructure, thriving innovation and technology ecosystem, and an unrivalled pool of talent, this energetic metropolis empowers investors to seize opportunities within the world’s fastest-growing region. Strategically situated…
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The Stock Exchange of Hong Kong Limited (HKEX) and the Securities and Futures Commission (SFC) are intensifying their collaboration to target IPO-related misconduct, suspicious financial arrangements, and ramp-and-dump scams that are plaguing the city’s financial markets. Over the past year, the HKEX conducted inquiries into the use of IPO proceeds by 16 newly listed companies,…
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Hong Kong, known for its financial prowess, is setting its sights on becoming a global medical hub, propelled by significant investments in technology and strategic collaborations. A key element in this ambition is the Hong Kong-Shenzhen I&T Park, part of the Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, which will unveil its first buildings…
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A multi-country central bank digital currency (CBDC) project involving mainland China, Hong Kong, Thailand, and the United Arab Emirates has achieved a significant milestone by launching its minimum viable product (MVP) platform.This platform will serve as a testing ground for various use cases in cross-border transactions. As Project mBridge enters the MVP stage, the involvement…
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When discussing employment in Hong Kong, it’s crucial to consider the subject of handbooks and policies. Employment handbooks are typically used to govern employee behavior and are generally non-contractual. However, breaches of these policies may lead to termination, depending on the wording of the policy and the severity of the situation. Employment handbooks usually include…
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