Hong Kong

28 subdivided unit landlords face fines for tenancy breaches

They admitted to failing to file tenancy notices and charging tenants unlawful payments.

Gross national income up 5.2% YoY in Q2

GDP for the same period was $785.2b, up 3.7% YoY.

Hong Kong ranks top 10 for cross-border land investment

Hong Kong also ranked seventh in the top global sources of cross-border capital.

Student housing gap may hit 120,000 by 2028

Non-local enrolment has climbed to about 92,000 in 2024/25, the report noted.

CBRE oversees public tender sale of Essex Crescent properties in Kowloon Tong

The market valuation of the property is approximately $400m.

Bloomberg supports insurers with HKIA sustainable bond dataset

It helps insurers comply with sustainable investment requirements.

HK, China sign MoU on infrastructure financing, securitisation

The two will explore Renminbi opportunities for infrastructure loan securitisation.

Cambodia's Canadia Bank expands to Hong Kong

The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.

Third round of RAISe+ Scheme application opens

Funding support of $10m to $100m will be provided to each approved project for eligible universities.

Six in 10 Hong Kong staff fear AI may erode critical thinking skills

Only 19% support the idea of AI agents operating in the background without human knowledge. 

Asia hiring slowdown fuels job insecurity: survey

The survey responses came from six Asian markets, including Hong Kong.

10th Belt and Road Summit generates $7.8b in MOUs and new projects

This is a total of nine MOUs signed with the government and 36 other agreements.

HK Jockey Club amongst top 20 largest corporate givers globally

The report found 60% of Asia’s largest corporate givers are founder or family-led.

HK and Oman sign MoU on investment cooperation

The MoU focuses on sharing information on investment opportunities.

Hong Kong says captive insurance is a tool for Belt and Road projects

Lau also said the scale of the Belt and Road Initiative brings complex risks.

Hospital Authority renews collaboration with Beijing institutions

Key areas include the development of public hospitals and talent training.