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.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the take-up was observed among mainland Chinese firms this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected rental increases for office spaces in Hong Kong Island and Kowloon?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

How are traditional tenants, such as investment banks, changing their office space requirements?

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OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What record-setting price did Bitmex pay for a full floor in a building last month?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential risks that landlords are questioning regarding the current market?

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OFF