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For more than 50 years, the American Chamber of Commerce has been committed to preserving Hong Kong’s stature as an international business center, and has worked with and supported the Hong Kong SAR government in the development of a world class business hub incorporating the shared values of rule of law, free flow of information and connectivity across the globe.

Colliers has released its latest Flash Report, “After Covid-19: New Trends of the Hong Kong Office Market”. This report looks at ‘recentralisation’ opportunities, the new role of technology and workplace wellness becoming an expectation, not a value-add strategy.

AmCham has taken a temperature testing survey to see how these announcements are affecting their view of the financial and services hub and their presence in the city.

Seventy per cent of the 180 firms polled by the influential US business group say they have no plans to move capital, assets or operations outside the city. The 30 per cent planning to move at least some of their business elsewhere are eyeing London, Singapore, Taipei and the US as potential destinations.

Tara Joseph, president of the American Chamber of Commerce in Hong Kong, spoke to the South China Morning Post about the city’s current economic situation and future. Video source: South China Morning Post

Chairman of the American Chamber of Commerce in Hong Kong, Robert Grieves, spoke to finews.asia about how Beijing's recently proposed national security legislation could impact the financial industry and expat workers in the city.

Washington, D.C. — The U.S. Chamber of Commerce issued the following statement today in response to China’s recent announcement to impose a new national security law on Hong Kong:

“The U.S. Chamber of Commerce represents U.S. companies with a significant presence and long-standing interests in Hong Kong.

AmCham calls for clarification of Beijing’s National Security Law for Hong Kong as risk rises over the city’s future business prospects.

As anyone who works in financial services in Asia today knows, there is very little bandwidth to focus on anything that is not Covid-19 related. Investors are doing their best to hedge their risks and blunt their downside; regulators are trying to keep the markets open and resilient; central banks are trying to stimulate credit; and governments are working to spur on the economy or at least keep ...

In response to members’ questions about the impact of the ongoing COVID-19 pandemic on employment law issues in Hong Kong, the Law Committee has prepared the following practice points on managing employees’ return to the workplace.