Hong Kong
81% of Hongkongers prioritise family over retirement savings
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.
Tsim Sha Tsui commercial building enters market at $200m
The total gross area is 19,923 square feet.
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.
Hong Kong projected to have high housing volume in 2025
Home prices should stabilise next year.
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.
Link REIT widens losses to $3.7b in H1 despite higher NPI
NPI rose by 5.8% YoY.
OPPO deepens PolyU ties with $32.5m AI imaging research push
The university will also launch a new faculty to address computing needs.OPPO Mobile is set to deepen its partnership with Hong Kong Polytechnic University (PolyU) by increasing funding and tech investment, particularly within the PolyU-OPPO Joint Innovation Research Centre.
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