Hong Kong

HKMA and partners inject US$500m for sustainable finance investments in Asia

The partners will focus on renewable energy infrastructure, energy solutions, and sustainable transportation.

81% of Hongkongers prioritise family over retirement savings

Half of those assisting elderly family members view it as a financial burden.

Whole 13th floor of office space in Tsim Sha Tsui up for sale

This is the first time in nearly 40 years that the property has been listed for sale.

9 in 10 HK consumers won’t shop without preferred payment method

Four out of 10 shoppers also want payment authentications without redirects.

17 strategic enterprises establish operations in Hong Kong

The new partners span a variety of high-tech industries.

HKMA reduces base rate to 5% in response to US Fed rate cut

The US Fed imposed a 25bps cut to its federal funds rate.

Tsing Yi logistic site up for sale

The tender invitation will close on 21 February 2025.

HENRYs seeking loans surge 60% as living costs climb

The borrowers primarily applied for loans to repay debts and fund business expansions.

96 stalls across 22 public markets up for rent

Tenancy agreements will be for a fixed term of three years beginning 1 January 2025.

SME Leading Business Index up 3.2 points in Q4 2024

Four in five sub-indices recorded increases.

Lands Department resumes 836 private property interests in Cheung Sha Wan project

The site will be redeveloped for residential, retail, and commercial spaces.

Gov't receives 35 EOIs for eco-transit project in East Kowloon

It aims to invite tenders in 2026 and award contracts in 2027.

Jollibee acquires Hong Kong dim sum chain Tim Ho Wan

They have acquired it for the amount of S$20.2m.

HK sees negative net absorption in Q3 after 4 positive quarters

Net absorption fell to -0.02 million square meters.