Reports & Articles 2023

Cushman & Wakefield's 2023 Hong Kong Policy Address Insight Report

06/11/2023 - Cushman & Wakefield

On Wednesday 25 October, the Chief Executive announced changes to various stamp duty measures in a bid to restore confidence in the real estate market. The Chief Executive's 2023 Policy Address also emphasised on attracting talent, enterprises, and investment to develop new industries, shape a more diversified economy and help enhance Hong Kong's global competitiveness.
 
Read this report from Cushman & Wakefield for a detailed summary and well-rounded analysis on all the real estate-related measures covered in the Chief Executive's 2023 Policy Address. This report also provides readers with new insights and recommendations on current issues in the real estate market. 

 

Accenture China Digital Transformation Index 2023

03/11/2023 - Accenture

In an unpredictable global economy characterised by escalating geopolitical tensions, weak economic growth, and high inflation, businesses now face a permanent state of accelerated disruption. Digital transformation is no longer optional, but rather a life-or-death strategy.

In the latest edition of the Accenture China Digital Transformation Index, Accenture identified 5 key capabilities for business reinvention, including strategy; operations and innovation, sustainability, talent, and the digital core. Surveying over 550 Chinese companies across eight industries, the study showed that 46% of businesses will increase future investments in AI and automation.

First published in 2018, the Accenture China Digital Transformation Index reflects cross-industry research that assessed the digital maturity of companies across China.

Read Accenture's full report and key takeaways here. 

 

Introduction to UK property specialists API Global

30/10/2023 - API Global

Learn about our member API Global, what they do, and their industry leading end-to-end solution as UK property specialists in their introduction slide deck. This article includes particular focus on their strategy of bringing below market value investment opportunities to market with already built developments in prime city centre locations, ensuring investors are sat on equity from the outset with great prospects for sustained growth.

Read the full article.

 

Smart Tips for SMEs - Busting Corruption Myths

20/09/2023 - Hong Kong Business Ethics Development Centre

In this feature article, the Hong Kong Business Ethics Development Centre (HKBEDC) warns readers on the possible legal issues arising from sending gifts and fruit hampers to clients for Mid-Autumn Festival, shedding light on common corruption myths of corporate gifting.

If you are unsure about gifting, read or download the full article here.

Visit HKBEDC's thematic webage "Busted! 12 Myths about Corruptions" to learn the truth behind more myths about corruption.

 

ChatGPT and Artificial Intelligence: Its potential role in office moves, refurbishments and redesign

11/9/2023 - Crown Workspace

Despite previous concerns, generative AI and large language models (LLM) such as ChatGPT are here to stay, offering huge potential to revolutionise the way we live, work, and do business. While it is easy to imagine how a computer-based system like AI can help with research and data-related tasks, what role could AI play in office moves, refurbishments, and redesign?

Read the latest article from Crown Workspace to learn:

  • The ways in which AI and LLMs are already being utilized in modern life
  • The advantages and limitations that come with its uses
  • The potential application of AI into the workplace

If you are interested in how ChatGPT and LLM could transform company moves, you can read the full article here.

 

Cushman & Wakefield's The Recovery of Cross Border Consumption Report

04/09/2023 - Cushman & Wakefield

Following a full border reopening, cross border consumption between Hong Kong and Mainland China has shown notable signs of recovery, and is now emerging as a highlight in the China retail market. As such, Cushman & Wakefield released their latest report on China's cross-border consumption recovery trends, providing an in depth analysis on the major factors of cross-border consumption, the new trend of inbound tourism from Mainland China, and how governments and retailers across borders can further revitalise cross-border consumption.

Read the full report.

 

Accenture Point of View: A New Era of Generative AI for everyone

03/07/2023 - Accenture

Accenture recently published its latest point of view, A new era of generative AI for everyone, advising organisations to leverage generative AI and large language models (LLMs) to transform business operations.

ChatGPT has captured global attention and woken up the world to the transformative potential of generative AI. Companies will need to radically rethink how work gets done, with a focus on evolving operations and developing their workforce's digital and AI literacy.

In their report, Accenture provides six adoption essentials for businesses:

  • Dive in, with a business-driven mindset
  • Take a people-first approach
  • Get your proprietary data ready
  • Invest in a sustainable tech foundation
  • Accelerate ecosystem innovation
  • Level-up your responsible AI

To learn more, click here to read the full report.

 

Hawksford Doing business in the UK

08/06/2023 - Hawksford

Hawksford is pleased to announce the launch of their new eBook, ‘Doing business in the UK’. This eBook provides an overview of what you need to know when considering doing business in the UK. It includes the fundamentals of investing, from setting up a company in particular jurisdictions to successfully running a business.

Within this guide, companies will find an overview of the various company types available in the UK, the key considerations when running a UK company, and the benefits of expanding into the UK.

For more information on this : Doing business in the UK, download your copy here.

 

Accenture Technology Vision 2023

14/04/2023 - Accenture

Accenture released their annual Technology Vision report, revealing that generative AI and other rapidly evolving technologies are creating radically new opportunities for businesses as the physical and digital world become inextricably linked.

The Accenture Technology Vision 2023, "When Atoms Meet Bits: The Foundations of Our New Reality", explores four digital trends underpinning the convergence of the physical and digital, as businesses look to embrace this new reality as a path towards reinvention. 

For over 20 years, Accenture has taken a systematic review across the enterprise landscape to identify emerging technology trends that would greatly impact businesses and industries.

For more information on Technology Vision 2023, read or download the full report here.

 

Colliers Quarterly Q1 2023

12/04/2023 - Colliers

Colliers released its quarterly review for Q1 2023, examining the market movement and performance of the industrial, retail, office and investment real estate sectors in Hong Kong. Research revealed a slower-than-expected recovery for Hong Kong's core real estate sectors, with any uptick from the Hong Kong-China border reopening being overshadowed by heightened geopolitical tensions and a weakening global economy. 

While the office, industrial and investment real estate sectors varied in performance, retail is pulling ahead in terms of recovery, with the sector reacting best to the full reopening of the city's borders on 6 February.

Read or download the full report here.

 

Mazars in Hong Kong Transparency Report 2022

28/03/2023 - Mazars in Hong Kong

Mazars in Hong Kong is pleased to share their 2022 transparency report, which includes consolidated financial statements prepared under the International Financial Reporting Standards and audited by two external auditors. Looking ahead to 2023, Mazars in Hong Kong hopes to emerge stronger in the post-pandemic era and reaffirm their commitment to transparency, integrity and accountability.

Read the full 2022 transparency report here.

 

Future of Health Insurance in Asia Pacific

16/03/2023 - Capco

Asia-Pacific’s health insurers are adopting increasingly ambitious data-driven, digitally-enabled business models that emphasise risk prevention. In this new white paper, Capco has taken the opportunity to share their thoughts with two industry leaders in this space – Roche and AIA – and to capture their key insights in relation to the changes that we are already seeing around the region.

Download the paper to explore the path ahead for health insurance in Asia-Pacific.

 

The evolving power dynamic between people and organisations - Accenture Life Trends 2023

24/3/2023 - Accenture

Providing vital foresight into people's changing behavior and evolving relationship with technology, Accenture Life Trends 2023 (formerly Fjord Trends), explores the evolving power dynamics between people and organizations. These will present incredible opportunities for businesses to develop relationships with customers like never before.

Here is a snapshot of each trend:

  • Trend 1: I will survive: permacrisis and human adaptability
    As people internalize instability as a norm, how they adapt will affect what they buy, and how they view brands and employers—and companies need to be ready.

  • Trend 2: I’m a believer: what’s next for loyalty?
    New technologies are enabling a new wave of community-first, product-later models that will transform loyalty programs into true relationships.

  • Trend 3: As it was: the importance of work intangibles
    The return to the office is not yet a success and leaders need to redesign their solution with clarity of purpose at the core and a life-centric approach to getting employees on board.

  • Trend 4: OK, Creativity: AI puts creativity in people’s hands
    Once a tool for repetitive tasks, AI has become a co-pilot that’s available to everyone as part of their creative process, and organizations have decisions to make.

  • Trend 5: Signed, sealed, delivered: Digital wallets: a question of adoption
    People may soon regain control of their data through digital wallets, and the devil is in the detail when we design to ensure adoption.

Read the full report here.

 

Adapting, upgrading or moving: Creating an inspiring workspace as costs rise around the world

20/2/2023 - Crown Workspace

Global inflation is causing costs to rise all over the world. The economic slowdown comes at a time when attitudes towards where, when, and how people work are undergoing a monumental shift.

The requirement to match workspaces with workforce needs has never been more important, as competition for the best talent continues to get stronger.

Smooth and cost-effective office relocations or refurbishments are crucial to the success of most organizations and the well-being of employees. Meticulous project management is essential.

Download Crown Workspace’s whitepaper: Adapting, upgrading or moving: creating an inspiring workspace in 2023 as economic pressures intensify for an informed view on how the costs associated with an office move, or refurbishment can be managed and mitigated, even as prices rise.

For more information about the whitepaper, visit here.


Accenture China Digital Transformation Index 2022 - Digital Transformation: A Sustainable Evolution Journey

13/2/2023

Accenture invites you to read their latest China Digital Transformation Index report, published in December 2022.

The Accenture China Digital Transformation Index is a cross-industry framework that assesses a company's rotation progress based on 52 key metrics of four-level indicators. The study surveyed 574 Chinese companies in nine industries, including electronic components and materials, high-tech electronic manufacturing, automotive and engineering machinery, medical and pharmaceutical, fast-moving consumer goods, logistics and aviation, traditional retail, chemicals/building material and metallurgy.

The report listed six key areas of action that will help China companies strengthen their digital transformation:

  • Leverage open innovation for long-term growth: By developing a full suite of innovation capabilities across their ecosystem of customers, partners and suppliers, companies can reshape their competitive advantage – from improving technology, products and services to supporting industrial upgrades and sustainable development.
  • Lead with human centricity: Shift the focus from optimizing touch points to offering value by developing products and services that meet customers’ essential needs and providing human-centric experiences with the help of digital technologies.
  • Build platforms for a diversified workforce: Lead with the combination of technology adoption and talent to improve workforce resiliency and enable a timely response to evolving business needs. Upskilling people in the digital environment will greatly improve operational efficiency and help drive innovation.
  • Enhance data-driven intelligent operations: Accelerate data aggregation to ensure the quality and availability of the data on the cloud and pave the way for seamless data flow to support more frequent and complicated decision-making processes.
  • Develop resilience through transparency: Gain full visibility across production lines, customers and suppliers by deploying analytics and artificial intelligence. Secure a resilient supply chain to predict potential risks and act on them in real-time.
  • Realize the full potential of tech: As new digital technologies continue to emerge, companies need to leverage them in combination to further accelerate reinvention and achieve synergy in products and services innovation, management and ecosystem development

Click here to read the full report.

 

Accenture releases Sustainability Insight report - Uniting Technology and Sustainability

6/1/2023 - Accenture

Accenture is delighted to share their latest Sustainability Insight report - "Uniting Technology and Sustainability". 

Sustainability has become a priority for business leaders, who are facing rising pressure for change. In fact, new research shows an effective sustainable technology strategy can help drive not just ESG performance, but talent recruitment, customer experience, innovation and, ultimately, business growth.  

Businesses now find themselves needing to become sustainable, with technology once again taking center stage. In other words, sustainable is the new digital.

In their latest report, Accenture looks at the critical role CIOs play in supporting their company's transformation to a sustainable organisation, and the challenges they face in embracing sustainable technology. 

Click here to view the full report.