Hong Kong Business

Talks with global banks have begun.

The HNW platform now operates across three jurisdictions.

The volume of paper cheques fell by 18.40% from 2021 to 2024.

The Group’s associates recorded a loss of $181m

The 348,750 sq. ft. office occupies across 18 floors will hand over by Q1 2026.

Sin was most recently the bank’s alternative chief executive.

Gross floor area of 33,555 sq. ft. supports modern operational demands.

The 47,017 sq. ft. site will no longer display after 8 August.

They all report to CEO Lawrence Lam.

Hong Kong ranks first in Asia in wealth per adult.

A total of 7,271 sale and purchase agreements for all building units were recorded in July.

Four return flights will be open per week by A350-900.

Numbers of top-performing small and mid-sized listed companies in the city remain unchanged.

Subsidised sale flats may still hinder recovery.Buyers are increasingly turning to the private residential market as the price premium of private homes over Subsidised Sale Flats (SSFs) continues to narrow, according to JLL's latest Hong Kong Residential Sales Market Dynamics."As private home prices continue to soften, the shrinking premium of private flats over SSFs has prompted more buyers to enter the private market directly. This trend is evident across multiple districts,” said Norry Lee, Senior Director of Projects Strategy and Consultancy Department at JLL. “For example, in Kai Tak, the price premium of private flats over SSFs dropped by 19.2% year-on-year to HKD 9,020 per sq ft in 2025. The decline was even sharper in Kwun Tong, where the premium dropped 29% to HKD 7,585 per sq ft." According to the Hong Kong Housing Authority, the Home Ownership Scheme received approximately 106,000 applications in 2024, with an oversubscription rate of 14 times, the lowest since the scheme relaunched in 2014.