Hong Kong
Rental price increases in 2025 to exceed 2024 levels
Rental price increases in 2025 to exceed 2024 levels
This is due to strong demand from new arrivals and potential homebuyers.
Two-thirds of Hong Kong entrepreneurs lack plans for wealth transfer
Entrepreneurs in Hong Kong lag global peers in succession strategies.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
Hong Kong economy up 1.8% YoY in Q3
On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.
Hong Kong and Peru sign free trade agreement
It will take effect once both parties complete their internal procedures.
HK launches $20b retail infrastructure bond
It will be available in lots priced at $10,000 and a tenor of three years.
Google HK, Pokémon GO launch 'PokéStops' at 3 recycling stations
Players can collect in-game items at the designated stops on 7 and 8 December.
CIMDA, FDB Group boost low altitude economy in new initiative
They established a premier electric Vertical Take-Off and Landing Association.
ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
Deliveroo HK, GO partner for exclusive takeaway, pick-up services
It features over 17 restaurants under the Black Sheep Restaurants umbrella.
Hospital Authority and ZOC-SYSU partner to enhance ophthalmology services
The agreement includes a framework for exchange meetings and training initiatives.
HKPC, SDEC ink MoU for data exchange
HKPC and SDEC will collaborate on five major areas.
Lifestyle International opens The Twins Tower I in Kai Tak
Tower I will be anchored by SOGO Kai Tak, a new Japanese-style department store.
Real Asset Management Group launches 2 retail funds amidst HK expansion
These launches respond to rising demand for fixed-income products in Hong Kong.
HK, Mainland unveil plan to boost tech collaboration in 2024-25
It will support Hong Kong’s growth as an international innovation hub.
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