Hong Kong

Residential mortgage loans reached $31.3b in October

Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.

5.1-year waiting time recorded for public rental housing

7,900 quarterly placements contributed to the one-year reduction.

Government suspends 30 projects after safety concerns

A safety audit will be required before resumption of operations.

Hong Kong’s fixed wireless access market expands as 5G coverage strengthens

The firm said growth will be driven by the city’s extensive 5G coverage and rising demand for high-speed connectivity

Construction receipts climb to $474b even as profit margins tighten

Gross surplus fell 5.9% despite the higher industry value added.

Transport, storage sector totals $755.6b of receipts in 2024

The segment contributed $197.3b in the city’s GDP.

Manufacturing receipts climb to $300b in 2024

Gross surplus edged up by 1.3% as costs rise.

Bank of East Asia extends Tai Po branch’s business hours

It will be open until 6PM on November 27-28, 2025.

Hong Kong home prices find a floor as sentiment lifts with market rally

CBRE believes the peak of unsold inventory has passed, with stock expected to decline gradually as sales continue.

Strategic location tips for playgroups and education centres

As more Hong Kong parents place greater emphasis on early childhood education, demand for high-quality playgroups and toddler learning centres continues to rise.

ShopBack Pay targets Hong Kong F&B to drive user growth

It’s open to other sectors where it can widen rewards and back merchant expansion.

HKMC sets record with $25.3b benchmark bond issuance

The multi‑currency offering includes the largest‑ever 30‑year HKD-denominated social bond tranche.

October trade jumps but deficit widens on strong import growth

Electronics-led demand lifted exports 17.5% and imports 18.3% YoY.

CLPe Solutions snags $22m EV charging tender

The utility-backed firm secured a 12-year land grant for Tai Po EV charging station.

Gov't launches platform for low-flying vehicle economy

Regulatory Sandbox X studies the application of low-altitude vehicles in rescue, logistics, amongst others.