News

Are developers losing their appetite for land acquisition?

Since 2022, four residential sites have been withdrawn from government tender.

‘Less impacted’ AI to lead 2024 IPO trends

Artificial intelligence and emerging economies are expected to energize the IPO landscape amidst a high-interest rate environment and geopolitical uncertainties.

Hong Kong is amongst places with the most affordable internet worldwide

A 100 Mbps internet plan costs US$20.20 on average in Hong Kong,

Hong Kong lowers stamp duty on stock transfers to 0.1%

The government expects the reduction to improve market sentiment.

DHL invest $4.77b in new Central Asia Hub launch in Hong Kong

The expansion has increased total warehouse space by 50% to 49,500 sqm.

FOMO Pay acquires new Hong Kong license

The license will allow FOMO Pay to operate businesses in Hong Kong.

Gov’t signs construction tech pact

Under the pact, agencies will explore technologies that can enhance construction efficiency and safety.

FS Paul Chan meets APEC finance ministers in San Francisco 

Chan shared views on topics such as green and sustainable finance.

Patek Philippe enhances its collection of elegantly sporty watches for women 

It launched an Aquanaut Luce minute repeater and new Nautilus jewellery models.

Hong Kong bans import of aquatic products from 10 Japanese prefectures

Non-prohibited aquatic products from Japan also undergo radiological tests.

Gov’t names new representatives to APEC Business Advisory Council

The new representatives will end their term on 31 December 2025.

Uber riders can now pay through AlipayHK

Brand-new AlipayHK and Uber users may claim promos and discounts.

HK halts import of poultry meat and products from certain US areas 

In 9M23, HK imported 21,740 tonnes of chilled and frozen poultry meat from the US.

HK Express offers $2 flights to senior citizens

The promo will run from November 15-19.

HK’s deal volume drops 22.5% YoY in January-October 2023 period

The decline in deals was also observed across multiple APAC markets.