Hong Kong’s property firms face a squeeze in 2024 from rising funding costs & sluggish home sales & office rentals. According to reports, some of hong kong’s major banks have cut-off fresh financing to the city’s highly leveraged or weak property companies.

Citi predicts home prices to slump in 2024

The Hong Kong government increased the minimum wage on Monday by a pitiful 32 cents, activists and community workers reacted angrily. The old minimum pay was 37.5 Hong Kong dollars ($4.78) per hour; the new minimum wage is 40 Hong Kong dollars ($5.1) per hour.

Hong Kong’s low-paid get $0.32 minimum wage bump

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Citi predicts home prices to slump in 2024

Hong Kong’s low-paid get $0.32 minimum wage bump