Hong Kong
Shaping a diverse economy for sustainable growth EY recommends the Government to diversify Hong Kong’s economic portfolio and optimize the use of public resources
Shaping a diverse economy for sustainable growth EY recommends the Government to diversify Hong Kong’s economic portfolio and optimize the use of public resources
Boosting revenue and adopting targeted fiscal measures is crucial to managing deficits.
Over 90% of GBA manufacturers in supply chain transformation in advanced stages
Mainland stands as the top choice for GBA companies to build supply chain resilience.
Hong Kong launches incubator for banks’ adoption of DLT
Tokenised deposits will be a core focus upon the incubator’s inception.
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.
EPD announces new arrangements for plastic recycling set
The GREEN@COMMUNITY network will take over plastic recycling services after the pilot scheme ends.
InvestHK opens second office in Türkiye
This aligns with plans outlined in the 2024-25 budget.
Lab reports now available in eHealth app
This allows users to access their records anytime.
Varadise secures $23.3m Series A funding
The funding round was led by Betatron Venture Group.
Nine in 10 SMEs enhances brand image through HKSMEA, Dah Sing Bank initiative
The survey showed that 72.2% acknowledged funding support for certification.
Towngas Smart Energy lists first RMB515m quasi-REITs on Shenzhen Exchange
It is the first quasi-REITs issuance by a Hong Kong-invested company in the Chinese mainland.
Endowus raises $408m in latest funding round
This also brings the company’s overall fundraising to $856m.
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.
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.
Gov’t to launch award system to combat tenancy abuse
The Housing Authority will offer a $3,000 cash reward to informants.
Industrial warehouse rents to decline by up to 5% in 2025: CBRE
Rising trade tensions are set to dampen leasing demand and rental performance.
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.
Legislative Council approves Companies Amendment Bill
The amendment ordinance will be published in the Gazette on 17 January.
Read Here
Advertise
Sign Up
Commentary
Navigating Hong Kong’s regulatory landscape: a challenging and rewarding endeavour
Wellness craze: Emerging growth for commercial space