Hong Kong

Despite the growth, the city recorded a trade deficit of $58.9b, equivalent to 12.4% of total imports.

Kwok noted developers are prioritizing capital recovery over pricing power, creating downward pressure on overall residential values.

Five hydrogen electric vehicle charging stations will open in Q2 2026.The Hong Kong and China Gas Company Limited (Towngas) and Hong Kong Science and Technology Parks Corporation (HKSTP) have signed a partnership agreement for the development of Hong Kong's first public electric vehicle automatic hydrogen charging system.The charging system will be constructed by Towngas, whilst HKSTP will be responsible for its operations and management.Five automatic electric vehicle (EV) chargers powered by hydrogen will be opened in Q2 2026, in response to the government's hydrogen energy development strategy.

Safety audit and relevant measures will be carried out by the stakeholders involved.

Streamlines and consolidations take effect from 1 August 2025.

Pre-booking is available at around 80 designated taxi fleet sites in 13 locations.

The funding round was led by investment firms Oriza FOFs and FountainVest. 

The solution reduces application turnaround time, the bank said.

Participating doctors will hold positions at the HA and a designated university.

This takes effect on 31 July.

The insurer wrote over HK$20b in new business premiums during the period. 

The properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, among others.

Hotel occupancy averaged around 85% in 2024, but the Average Daily Rate (ADR) dropped 4.3% YoY.

It will set up a branch in the Kingdom of Saudi Arabia later this year.

Median hourly wage climbed from $60.0 to $82.9 in ten years.

The joint operation uncovered suspected market manipulation and corruption.