Hong Kong
Hang Seng’s HKD prime lending rate steady at 5.25% per annum
Hang Seng’s HKD prime lending rate steady at 5.25% per annum
HKD savings deposit rates also remain unchanged.
Gov’t launches information and referral platform for civil claims
It offers legal information including methods for calculating work injury compensation.
Raffles Family Office appoints bankers in key roles
The appointments were for managing director positions.
HKSTP, Microsoft HK launches programme for local and global startups
HKSTP will offer up to 100,000 through its Ideation Programme.
Gov't eyes technological cooperation in Middle East
Hong Kong companies' technological strengths can offer significant value to the Middle Eastern market.
Gov't issues resumption notices to 18 private lots for Hung Shui Kiu/Ha Tsuen New Development Area
The private lots will be taken back by the government on 9 August.
Gov’t seeks cooperation opportunities in Middle East
Collaboration could focus on energy.
New healthcare institute formed to develop clinical guidelines
IMACE will facilitate data and case collection for detailed clinical practice reviews.
Hong Kong firms hold back hiring amid trade policy tension
49% of Hong Kong businesses say they plan to postpone major investments.
Hong Kong OTC derivatives reporting re-write – Are you ready?
With early testing expected from June 2025, firms are encouraged to begin preparations now.
Cathay Pacific reopens The Bridge lounge at HKIA
It also plans to open new flagship lounges in Hong Kong.
Gov’t green lights stamp duty bill
It aims to lessen the burden on buyers of lower-priced properties.
DFI and Dingdong launch fresh food supply deal in Hong Kong
The partnership sets a first-year sales target of $100m and began its initial rollout on 9 April 2025.
Small flats dominate in 2024 as affordability pressures reshape market: JLL
Class A units have seen a sharp rise in supply, accounting for 44.5% of total completions in 2024.
Property sales rise 8.5% MoM in April
There were 7,229 deals during the month.
Commentary
AI drug discovery, GLP-1, and the next wave of Hong Kong biotech listings
Capital repatriation isn't a retreat — it’s Hong Kong’s regulatory graduation
Hong Kong should build the Asia–Latin America investment corridor