Hong Kong
HK property sales drop 10.4% in January
HK property sales drop 10.4% in January
Total consideration for these agreements reached $36.7b,
Why Hong Kong’s retail recovery is taking longer than expected
Total retail sales decreased by 7.1% YoY.
AS Watson appoints Clarice Au as CEO of Retail Hong Kong
She will oversee the operations of Watsons, PARKnSHOP, Fortress, and Watson’s Wine.
Hongkong Land debuts on Dow Jones Sustainability World Index
The company ranked amongst the top 6% in the property sector.
HK’s retail sales decrease by 7.3% YoY in 2024
Retail volume also decreased by 9%.
Hong Kong’s economy expands by 2.5% in 2024
Exports and imports of goods recorded YoY increases of 4.7% and 2.3% respectively.
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
HK exports up 5.2% in December
In contrast, imports dropped by 1.1% to $441.2b.
Public vote for HK's quality taxi drivers opens
The public can vote online or by scanning the QR code on promotional materials until 31 May.
CSI Properties plans to raise $2b in fundraising initiative
It will be used to enhance liquidity and repay maturing indebtedness.
HK gov’t debt hits $293.2b
Fiscal reserves stood at $664.1b.
HK suspends poultry import from parts of Poland, the UK
This is due to reported outbreaks of highly pathogenic H5N1 avian influenza.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to HK$195.1b in December
The number of cases fell, but the three-month delinquency ratio rose.
Waterpipe tobacco won't be banned: Health bureau
This was in response to a report which claimed that the government is considering a ban.
Christie’s International Real Estate expands into Hong Kong
The new venture will be led by Hong Kong native Samson Law.
Hong Kong banks to prioritise resilience, costs in 2025: KPMG
Interest rate reductions are likely to be slower.
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