News

HSBC upgrades GDP forecast on stronger domestic demand

The bank now expects the economy to grow 3.8% in 2026.

HSBC unveils invitation-only Privé World Legend Mastercard

A Mastercard-exclusive dining club will launch at the Hong Kong International Airport later in 2026.

Hong Kong’s Mox achieves breakeven in Q1, unveils wealth platform

Mox+ offers preferential FX pricing, enhanced deposit rates, and early access to new products.

Sichuan Neautus seeks Hong Kong listing amidst $345b TCM market shake-up

Procurement tightening reshapes competition in China’s traditional medicine supply chain.

Property sales jump 12.3% MoM in April

Residential units made up 7,368 agreements, up 16.7%.

CK Hutchison to exit VodafoneThree stake in $45.5b cash deal

The sale triggers a $4.7b expected gain for the group. 

K11 MUSEA sees tourist spending surge; luxury sales nearly double

The luxury mall logged a sharp spending differential between visitors and premium brands.

Home price recovery may test developers’ discipline: S&P

S&P expects residential prices to rise 8%-10% in 2026, but warns that aggressive land bidding could pose long-term risks.

Tech funding holds steady at $391.4m in April

Funding was unchanged from March but rose 71.96% YoY, with Botinkit accounting for the month’s top deal.

Uber to acquire FlyTaxi in bid to dominate Hong Kong’s taxi market

FlyTaxi will continue operating its app with no immediate changes for users or drivers.

Wan Chai commercial building up for public tender at $1.2b

Gloucester Road asset offered as investor interest in HK core offices builds.

Hongkong Land opens Phase Two of US$8b Westbund Central in Shanghai

The flagship mixed-use project will feature more than 600 retail and lifestyle brands.

Data trust issues block AI deployment in Hong Kong

Governance, data trust and talent gaps slow rollout.

Shatin floor and TST office units launched for sale

The combined assets span 34,500 sq ft with prices from $45m to $138m.

Seven-storey Fanling property hits market

Property offers 41,258 sq ft GFA with parking, flexible use on some floors.