Hong Kong

Hong Kong launches incubator for banks’ adoption of DLT

Tokenised deposits will be a core focus upon the incubator’s inception.
2 days ago

Country Garden unveils debt restructuring deal to cut US$11.6b burden

The company has secured a maturity extension of up to 11.5 years from banks.
2 days ago

EPD announces new arrangements for plastic recycling set

The GREEN@COMMUNITY network will take over plastic recycling services after the pilot scheme ends.
2 days ago

Varadise secures $23.3m Series A funding

The funding round was led by Betatron Venture Group.
2 days ago

Towngas Smart Energy lists first RMB 515m quasi-REITs on Shenzhen Exchange

 It is the first quasi-REITs issuance by a Hong Kong-invested company on the Chinese mainland.
2 days ago

Endowus raises $408m in latest funding round

This also brings the company’s overall fundraising to $856m.
3 days ago

HK’s largest sports infrastructure seen boosting economy with mega concerts

The park’s operator has contacted over 200 sports and non-sports promotional bodies.
3 days ago

Grade A office market records negative net absorption in Q4 2024

Despite this, it reached 956,000 sq. ft. for the full year, the highest since 2018.
3 days ago

Gov’t to launch award system to combat tenancy abuse

The Housing Authority will offer a $3,000 cash reward to informants.
3 days ago

Industrial warehouse rents to decline by up to 5% in 2025: CBRE

Rising trade tensions are set to dampen leasing demand and rental performance.
3 days ago

Tourists stabilise HK’s F&B sector amidst retail sales decline: CBRE

Total restaurant receipts declined by just 0.3% year-on-year in the first three quarters of 2024.
3 days ago

Legislative Council approves Companies Amendment Bill

The amendment ordinance will be published in the Gazette on 17 January.
3 days ago

Cathay Pacific flies to Rome, Italy starting 5 June

It will be the airline’s second direct connection in the country.
3 days ago

South African fintechs look to Hong Kong for funding

Tax perks and access to Africa await foreign investors.
4 days ago

ZA Bank to give out cash equivalent to 1 Bitcoin

You can earn points by doing crypto investment related activities in the app.
4 days ago

Enhancing the REIT market in Hong Kong: A tax chapter

Author: Wilson Cheng, EY Hong Kong and Macau Tax Leader
4 days ago