Hong Kong

Mortgage applications fall 8.3% in August

Approvals also dropped 28.2% to $32.2b.
21 hours ago

Housing Authority opens applications for letting, flat-for-flat schemes

Pilot Letting Scheme has a quota of 3,000 places.
21 hours ago

WeLab Bank swings to loss as HK$20m tech bet bites in H1

Its revenue and net interest income grew about 8% each during the period.
21 hours ago

Mox Bank swings to profit in H1

Operating income and net interest income hit double-digit increases.
21 hours ago

ZA Bank’s net profit doubles to $9m in H1

Net fee and commission income rose 76% to a record $15.68m.
21 hours ago

DFI Retail Group takes sole control of Starbucks Asia franchise as Maxim's splits

The split separates 1,100 Starbucks coffeehouses from 1,000-plus restaurants across Asia.
1 day ago

Hong Kong student bed gap to hit up to 90,000 by 2029

Mainland Chinese learners made up over 70% of a 6,279 enrolment rise across eight UGC universities.
1 day ago

HSBC completes three IP-backed loans under sandbox programme

HSBC worked with the companies to leverage their IP assets to secure loans.
1 day ago

Hong Kong ETF ownership hits 34% despite buying caution

Almost half, or 46%, said they are unlikely to invest in ETFs over the next 12 months.
1 day ago

Hong Kong sets 420,000-unit housing target for next decade

The target comprises 294,000 public housing units and 126,000 private housing units.
1 day ago

Hong Kong rises to 14th in Global Innovation Index

It remained 8th in Innovation Input and rose to 21st in Innovation Output.
1 day ago

Hong Kong’s biggest building bonus comes with a catch

Developers are expected to favour sites of at least 700 square metres.
1 day ago

AEON Credit profit rises 10.8% to $33m in H1

This is thanks to a higher interest income and improved credit risk management.
1 day ago

Hong Kong raises 2026 export growth forecast to 42%–47%

AI infrastructure and cloud computing are lifting technology trade.
1 day ago

Wang Fuk Court owners begin SSE flat selection

About 1,700 Wang Fuk Court owners opted for the SSE.
1 day ago

Hong Kong prices record $20b digital green bond

Offering marked Hong Kong’s fourth digital green bond issuance.
1 day ago