Hong Kong

Hong Kong tourism rebounds with 23.6m visitors in H1 2025

Hong Kong tourism rebounds with 23.6m visitors in H1 2025

The city recorded 23.64 million visitors in the first half of the year, or a 11.7% YoY. 

Retail sales rise 1.8% YoY in July 2025

Total retail sales estimated to have reached $29.7b.

IVD Medical acquires 20.31% stake in GoFintech Quantum for $3.142b

This marks the company’s move to elevate the on-chain financial ecosystem.

Shoucheng Holdings posts 30% profit rise in H1

Total revenue rose 36% to $731m, whilst gross profit increased 26% to $295m. 

Most HNWIs prefer hybrid model in wealth services: survey

Nearly 40% said they are interested in attending physical investment seminars.

Hang Lung launches program to support young founders

The entrepreneurs also receive renovation support, marketing assistance, and access to promotional platforms.

Hong Kong adds 194,000 sqm. of new Grade A offices since 2024

The upcoming supply pipeline remains active, with 264,300 sqm. expected to be added in H2 2025.

Court convicts 23 SDU landlords for contravening relevant statutory requirements

One of the landlords committed 20 offences and was fined $22,400.

Futu opens largest HK store, rolls out institutional & private wealth service center

The 7,000 square feet flagship store in Causeway Bay spans two floors.

Landsea Green delays release of FY2025 interim results, suspends trading

 It faces operational challenges due to the departure of key employees.

ABN AMRO Clearing Bank granted restricted banking licence in Hong Kong

There are now 16 restricted licence banks in the city.

Hong Kong’s mortgage loan applications, approvals rose in July

Mortgage loans for primary market and secondary market transactions both increased.

Gov’t sanctions catering company for displacing local workers

The Labour department will not process the company's applications to import workers for two years.

Sunshine Insurance GWP grows 5.7% YoY in H1

Net profit attributable to the parent also grew by 7.8% YoY to $3.7b.

Best Mart 360 revenue up by 3.1% in H1

Basic earnings per share stood at $0.121.