Hong Kong

Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.

This was primarily driven by a $2.43b gain on debt restructuring.

About 60% of these enterprises have set up new operations in the region.

Under one cluster, hospitals treating acute and complex illnesses would be retained.

Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.

A plan to increase its vault capacity means it can offer cheaper storage rates than London.

Inward and outward DI rose by 6.2% and 3.8%, respectively.

The day when ‘brown discounts’ on property become a genuine concern for stakeholders is drawing nearer. A brown discount is an asset’s loss in value because it does not meet specific ESG standards. 

It is expected to bring 20,000 international visitors to Hong Kong.

Business receipts DI fell for business services, restaurants, and retail trade.

It mandates compliance with the ISSB standards for public entities by 2028.

It will also provide at least 500 fast chargers throughout HK by the end of 2027.

This initiative aims to attract increased international capital inflows.

The AI-powered service delivers intelligent support around the clock.

Its “AI Quick Quote” Vehicle Body Repair Quotation Services addresses complex processes resulting in extended quotation turnaround times.

It is seen to rebound to 23,200 points.