News

Industrial leasing market weakens in Q3

Warehouse vacancy rates rose to 8.4%.

Mei Tin Road site in Tai Wai up for sale via tender

The site was later added to the land sale programme due to positive market responses.

HKMC profit falls to $9m in 1H 2023

It is due to a decrease in property prices affecting the reverse mortgage business.

HKVAX obtains SFC Type 1, 7, and AMLO licences

These licences authorise HKVAX to operate as a regulated virtual asset trading platform in Hong Kong.

Hong Kong boosts fintech growth

He held discussions with representatives from the financial regulators, fintech sector, academia, and research institutions.

HK launches $10m Signature Performing Arts Programme’ to support the arts

The selected programme must hold at least 15 stage performances in Hong Kong and attract at least 10,000 paid audience members.

ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing

The wealth fund’s owned company holds 127.3 million shares in the ESR Group.

Giant pandas’ arrival underscores HK’s ‘unparalleled’ logistics, says Lam

The transport of An An and Ke Ke involved extensive planning and collaboration amongst multiple agencies.

Investigation launched into Anderson Road Development project

Inspections showed that six beams on the 29th floor of Tower 3 lacked the specified steel reinforcements.

HK property sales down 18.7% in September

It is also a 1.3% decline compared to the same month last year.

Hong Kong retail sales down 10.1% in August

It was due to changing consumption patterns, a strong Hong Kong dollar, and increased summer travel.

Hong Kong amongst best economies for international business

It excelled particularly in international trade, business entry, and utility services.

HK property sales drop by 22% but anticipated rate cuts may spark rebound

Developers are preparing to launch new projects, anticipating pent-up demand after a rate cut, CBRE said.

Deliveroo opens new Hop site in Yau Tsim Mong District

The site will initially offer 1,800 grocery items.