Hong Kong
Tender for industry sites in Yuen Long and Hung Shui Kiu cancelled
The government is taking a more pragmatic arrangements for the two industry sites.
Application for student hostel conversion begins
Streamlined application process and preferential area exemptions encourage stakeholders.
Kwun Tong office building valued over $200m up for sale via tender
Its estimated market value is over $200m, or around $4,423 per square foot.
Hong Kong Airlines adds Xi’an to its route
It will open five return flights per week.
Gov't eyes simplified permitting process for car travel
Four amendments seek to facilitate and simplify arrangements for cross-border vehicles.
Women mentoring scheme begins
Over 80 female university students will be guided by 50 women leaders.
140,000 recruited for chronic disease screening: Secretary Lo
Of this, 80,000 have completed screening.
HKGX appoints China CITIC Bank International as settlement bank
The bank will provide HKGX services such as account opening for its members.
Public Financial returns to profit with $2.6m net gain in H1
The recovery was led by higher net interest income which rose to $530.5m, a 13% increase from $470.7m in 2024.
Leoch International Technology issues profit warning
Profit attributable to shareholders will likely decrease 60% to 80% year-on-year.
Hong Kong office performance declines sharply in Q2
Rental dropped by 7% year on year and is expected to continue.
Company registrations hit record 1.49 million
A total 1.49 million local and 15,509 non-local company registrations were recorded in Hong Kong.
Works on Oyster Bay Station project suspended
The BD and EMSD assured the upheavals did not affect the supporting structure and operational safety of the railway tracks.
Gov’t fines Asiasec Properties’ ex-secretary $1m for insider dealing
It stemmed from insider information regarding the sale of Dan Form's controlling stake.
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