Hong Kong

Hang Seng Bank names HSBC’s Luanne Lim as chief executive

Diana Cesar will return to HSBC as vice chairman, Hong Kong.

Hotel investment activity hits $951m in H1

In 2024, hotel investment deals reached $3.4b (US$440m).

Hong Kong startup funding drops 92.73% MoM in August

Early-stage funding (68.8%) held the largest share.

Kowloon Bay’s The Bay Hub secures major lease with British school

The school has leased the entire first and second floors, totalling 45,272 square feet in gross floor area.

Hong Kong to launch new innovation fund in 2026

The government said venture capital is critical to its growth.

Maritime-inspired Kimpton hotel to open in Tsim Sha Tsui in September

Each room offers sea views of both eastern and western stretches of Victoria Harbour.

Citi named primary liquidity provider in RMB repo scheme

It is currently the only American bank of the 11 dealers in the scheme, the bank said.

Quality HealthCare opens flagship clinic in Prince’s Building

The facility offers services across 14 medical specialities.

Cheung Sha Wan office site up for sale for $60m

The property is offered for sale on an as-is basis.

Fitness as a strategic asset in Hong Kong’s property landscape

Before the pandemic, big-box gyms dominated. Since the pandemic, the sector has evolved and flourished.

Gov’t, WIPO ink deal on IP judgments database

It will submit IP rulings from its courts to the database.

Property sales down by 10.4% MoM in August

There were 388,762 land register searches in August.

Cathay overhauls key roles in Southeast Asia and Oceania

Frosti Lau has been tapped as the regional general manager.

Manulife Hong Kong expands hospital access to 38,000 sites in China

It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.

Hong Kong Insurance Authority sets 50% cap on broker referral fees

The HKIA warned that excessive referral fees could mask commission rebates.

Cheung Sha Wan site to be auctioned for $123m

The site spans approximately 4,800 square feet.