Hong Kong

HKIC posts $2.34b investment income in 2024

HKIC posts $2.34b investment income in 2024

Its operating income stood at $2.25b over the same period.
22 hours ago

Li Dong Building hits market at $800m in public tender

The building is about 90% leased, largely to medical, fitness, and physiotherapy tenants.
1 day ago

Firefilm rolls out 'last-mile' platform for AI video optimisation

It offers a free trial, an $18-per-video tier, and a $388-a-month subscription.
1 day ago

November property registrations slips to 7,121 units

Residential agreements decline as total consideration eases year on year.
1 day ago

Port cargo throughput falls 5.6% in Q3

Inward cargo dropped 11% whilst outward shipments rose modestly.
1 day ago

Reinsurers to absorb 'significant' claims from Wang Fuk Court fire

It may trigger premium adjustments or stricter terms and conditions.
2 days ago

HK retail sales up 6.9% YoY in October

It was estimated at $35.2b.
2 days ago

Airport Authority Hong Kong recognised at Hong Kong Business Technology Excellence Awards 2025

The statutory body was given an award for its smartphone express bag drop, the first of its kind in the world.
3 days ago

Residential mortgage loans reached $31.3b in October

Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.
3 days ago

5.1-year waiting time recorded for public rental housing

7,900 quarterly placements contributed to the one-year reduction.
3 days ago

Government suspends 30 projects after safety concerns

A safety audit will be required before resumption of operations.
3 days ago

Hong Kong’s fixed wireless access market expands as 5G coverage strengthens

The firm said growth will be driven by the city’s extensive 5G coverage and rising demand for high-speed connectivity
4 days ago

Construction receipts climb to $474b even as profit margins tighten

Gross surplus fell 5.9% despite the higher industry value added.
6 days ago

Transport, storage sector totals $755.6b of receipts in 2024

The segment contributed $197.3b in the city’s GDP.
6 days ago

Manufacturing receipts climb to $300b in 2024

Gross surplus edged up by 1.3% as costs rise.
6 days ago

Bank of East Asia extends Tai Po branch’s business hours

It will be open until 6PM on November 27-28, 2025.

Hong Kong home prices find a floor as sentiment lifts with market rally

CBRE believes the peak of unsold inventory has passed, with stock expected to decline gradually as sales continue.