Hong Kong

Link REIT to buy 50% interests in 3 Sydney malls for $398.16m

The HK-listed REIT said the acquisition will be funded by cash and debt.

Private housing land supply unshaken by unsuccessful Tung Chung tender: gov’t

MTR Corporation rejected all bids for the property dev't at the Tung Chung site.

Forex reserve assets slightly increase to US$498.1b

The total assets represent 48% of HK dollar M3.

HKSTP unveils R&D environment for testing fintech innovations

Banks and tech firms can use Fintech Virtual Lab to build and test innovations.

Opening of China border to impact HK’s retail market

Some retailers already saw an uptick in share prices.

How HKSTP and Ant Group plan to support fintech startups

The companies' joint initiative will provide venue and logistics support for startups.

Hong Kong restaurant receipts rise by 43.8% YoY to $24.5b in Q3

The government cited three factors that drove the increase.

How much do Hong Kongers need to save to immigrate?

At least HK$2.5m, 71% of a survey's respondents said.

Cyberport Investors Network’s investments cross the $1b mark

In the past year alone, CIN raised HK$496m in investments.

Northern Metropolis plan to boost housing prices in New Territories: analyst

Housing prices in the area have already grown 28.6% over the past five years.

What are the best platforms for influencer marketing in Hong Kong?

The most popular is Instagram, which is used by 53.77% of HK influencers.

Ascendas REIT issues HK$950m notes

The notes have a 2.63% fixed interest rate per annum.   Ascendas Real Estate Investment Trust (Ascendas REIT) issued HK$950,000,000 worth of notes with a 2.63% fixed interest rate per annum payable annually in arrear.

Number of HK start-ups blow up to a record high of 3,755

The figure represents a 12% increase from 2020.

Will the property sector see development in its FY2022 earnings?

Analysts are already seeing a 4% increase in retail rental income for the next fiscal year.

HK’s GDP estimates up by 5.4% YoY in Q3

The growth, however, was more moderate than Q2’s 7.6%.

Cathay Pacific forms Aviation Climate Task Force 

The non-profit organization will develop new technologies ​​to decarbonise aviation.