Hong Kong
Hang Seng Bank opens Hysan Place Wealth Centre
Hang Seng Bank opens Hysan Place Wealth Centre
Over 30% of the bank's prestige banking customers are based on Hong Kong Island.
BOCHK and Ant International partner on cross-border payments and treasury AI
BOCHK customers can link their bank accounts and credit cards to AlipayHK.
Government unveils Bonus Plot Ratio Scheme to revive old districts
The pilot scheme will cover a period of five years, starting 1 September.
Hong Kong draws 70% of Asia funds as office vacancy hits 31‑month low
This reverses last year's tilt towards Singapore.
Cathay Pacific traffic rises 9% in July as demand stays strong
HK Express passengers rose 10.4% as its load factor reached 79.6%.
Hong Kong is Chinese firms’ top pick for overseas services base
Nearly all plan to expand ASEAN activities, and less than half target Europe, US, and Canada.
Towngas Smart Energy H1 profit hits $690m on margin gains
Natural gas consumption fell after a warmer winter as PV sales climbed 12% YoY.
Hong Kong gold trading system targets 2027 pilot
The platform will integrate trading, clearing, and settlement.
Jardine Matheson builds engineering platform for targeted M&A
The new platform will pursue organic expansion and synergies across its existing businesses.
Export volume climbs 34.3% in June
Shipments to the US posted the largest increase, surging 85.2% YoY.
Lands Department invites bids for San Tin plots
Arrangement covers 17.7 hectares for private housing and 8.8 hectares for modern industry.
Three-property office portfolio in Central, Sheung Wan up for grabs
The properties will be sold on an "as-is" basis.
Trackless ART system pitched for Kai Tak mass transit
CRRC’s trackless system operates on 10 Mainland Chinese routes and in Abu Dhabi.
HK treasury tax reforms should take effect in 2026/27: PwC
PwC expects the changes to encourage more funds to flow into corporate treasury centres.
MTR profit more than doubles to $15.9b in H1 on property gains
Recurrent business profit grew just 1.3%.
URA swings to $338m surplus after three years of losses
The authority adjusted strategies as the property market remains volatile.
GDP forecast raised to 3.5%-4.5% after strongest first‑half in five years
Real GDP grew 5.1% in H1, with AI-related demand driving a 28.9% export surge.
Commentary
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