come onto the market. Hong Kong’s economy shrunk for three of the last four years, and its population is slimming too. Floored landlords will be eagerly awaiting the return of companies from mainland China.Senior investment bankers at HSBC in Hong Kong could lose their private offices as the firm moves towards open-plan desks for the financial hub, Bloomberg reported on Feb. 28, citing unnamed sources. The bank’s main building in Central is currently undergoing renovation.
The firm is looking to cut non-branch-based commercial real estate by 40% globally compared to pre-pandemic levels, HSBC said in 2021. However, the plan to reduce its office footprint may not apply to Hong Kong, a person familiar with the situation told Breakingviews.Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Breakingviews t__shum Also another important story - Good! Another story- musebiihi is committing SSCGENOCIDE against the people in Lascanood. See the for more info. Proof included