Hong Kong Pricey Skyscrapers Lure Crypto Startups

Hong Kong Pricey Skyscrapers Lure Crypto Startups

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the trends in Hong Kong's office space market, highlighting the sustainable rise in office rents due to strong demand and low supply. It covers the expansion of coworking spaces and crypto companies, with significant leasing transactions by operators like WeWork and Campfire. Investment banks are decentralizing operations to reduce costs, with examples like Goldman Sachs and JP Morgan relocating. The video also explores the growth of crypto exchanges, such as Bitmex, and the associated risks perceived by landlords, who are demanding higher deposits from these companies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the steady rise in office rents in Hong Kong?

Decrease in coworking spaces

Strong demand and low supply

High levels of supply

Reduction in crypto companies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of companies are increasingly using coworking spaces in Hong Kong?

Traditional banks

Manufacturing firms

Crypto companies

Retail businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are investment banks decentralizing their operations in Hong Kong?

To increase their central presence

To reduce operational costs

To expand their office space

To focus on retail banking

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant factor allowing Bitmex to afford record rents?

Partnerships with banks

Government subsidies

High trading volume

Low trading volume

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are landlords reacting to the presence of crypto companies?

They are offering lower rents

They are providing incentives

They are refusing to lease spaces

They are requiring higher deposits