News

Relaxation of measures unable to lift real estate investment sales: Savills

In Q4, commercial investment volumes contracted by 44.3% YoY.

SJM Holdings braces for bigger loss in FY22

It expects to record a loss of $7.8b.

Hong Kong resumes XRL long-haul services

The service resumption will begin in phases on 11 March.

Expansion of eligible shares under Stock Connect takes effect 13 March

Eligible stocks for Southbound trading are available on SSE and SZSE’s websites.

HK, Macau mull deepening of tourism cooperation

The cities also plan to promote multi-destination tourism in the Greater Bay Area.

Gov’t forms innotech advisory committee

The committee will advise the government on the strategic development of I&T in the city.

HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders

They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.

HK, Macau Chief Executives meet to boost ties

The leaders of both cities shared ideas on developments for GBA.

Hongkong Land underlying profit fell 20% in FY 22

It declined due to lower contributions from development assets.

HKEX unveils plans of opening London office

The new office will expand the bourse’s international reach.

Property sales soar 35.1% MoM in February 

Year-on-year sales increased by 49.6%.

New bill to reduce tax by as much as $6k

The bill will be gazetted on 3 March.

Bank of East Asia launches Mainland account opening service for Hong Kong residents 

The service is offered in 15 designated BEA branches across Hong Kong.

HK is 5th top market for super and ultra-prime properties

It is one of the two markets in Asia that made the top 10.

Citi Hong Kong to buy 106.4 million kWh renewable-sourced electricity

The deal is estimated to reduce carbon emissions by 41,496 tonnes.