Hong Kong

Luxury auto facility in Aberdeen listed for $180m

Luxury auto facility in Aberdeen listed for $180m

A premium automotive service facility spanning the first to third floors of Sun Ying Industrial Centre in Aberdeen is now up for sale, with an indicative price of $180m, according to its sole agent CBRE.
8 hours ago

Hong Kong exports rise 11.9% in June with Asia demand surge

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

Hong Kong housing market shows signs of stabilization: CBRE

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

Towngas and HKSTP to establish hydrogen charging system for EVs

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.
22 hours ago

Contractors suspended from bidding over fatal industrial incident

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

ITF Funding schemes streamlined

Streamlines and consolidations take effect from 1 August 2025.
22 hours ago

Four taxi fleets licensed to start operation

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

Towngas Lifestyle gets strategic funding to speed up expansion plans

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

Standard Chartered HK automates onboarding processes of SMEs

The solution reduces application turnaround time, the bank said.
1 day ago

Hong Kong launches dual-track development pathway for medical talent

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

HSBC Life posts 21.5% share of new premiums in Q1 2025

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

McDonald’s-leased HK retail sites hit market in $1.2b sale

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

Hong Kong tourism rises 11.9% with Mainland travel rebound

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

Lalamove expands Middle East operations

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

Median hourly wage increase outpaces average inflation

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

SFC and ICAC arrest former execs of listed company

The joint operation uncovered suspected market manipulation and corruption.
1 day ago