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Welcome to our annual property issue, which finds that almost 5% to 6% of the Hong Kong market's purchasing power has gone due to interest rate hikes. The rising interest rates, alongside an additional 30% stamp duty, have posed challenges for foreigners looking to purchase properties in the city, a topic explored further on page 30.

Hong Kong Business Magazine Description:

Hong Kong Business (HKB) is the only English-language business magazine dedicated to Hong Kong and China. Essential coverage includes the economy, investment, manufacturing, technology, travel and trade, plus special overseas features with in-depth reporting on bilateral economic ties with Hong Kong. No other publication has relevant content to business decision makers as Hong Kong Business. With an experienced and dedicated team of seasoned journalists and expert opinions from market leaders, Hong Kong Business is the definitive magazine for Hong Kong’s business elite.

The print magazine is published quarterly, and covers in depth issues and stories with a longer time frame while the website hongkongbusiness.hk is refreshed daily with news and stories with an immediate relevancy.

HKB's readership comprises high income decision-makers at manager, senior manager and proprietor level and it has a circulation guaranteed at 15,000 copies reaching 60,000 readers.

Hong Kong Business is part of the media company, "Charlton Media Group," a leading B2B publication and events company in Asia with titles such as Singapore Business Review, Asian Banking & Finance, Insurance Asia, Asian Power, and Healthcare Asia.