Hong Kong
Hong Kong registered ships detention rate stands at 0.69%
Hong Kong registered ships detention rate stands at 0.69%
Its gross tonnage ranks fourth in the world.
MTR will likely seek more funds for railway expansion
The downturn in the real estate market forces the company to seek financing externally.
Employers need to improve retirement benefits planning, report says
More flexible and people-focused retirement planning needed.
Gov’t to resume land for technopole, conservation park
The land will revert to and vest in the government on 11 October.
Hong Kong ranked as Asia’s most rent-burdened housing market
Whilst the ratio of apartment prices to earnings dropped from 26.5 in 2022 to 23.4, it remains second-worst among all cities surveyed.
Application for Green Form flats opens on 17 July
2,576 new flats at Wang Chi Court for sale at 60% assessed market price.
Henderson Land to raise $8b via convertible bonds due 2030
Initial conversion price of $36 per share with a denomination of $2m each.
COTD: Hong Kong falls behind in attracting tech talent
It ranked last in APAC top tech markets.
Tariff uncertainty dampens business confidence
Greater Bay Area expectation index fell 4.2% but remain positive.
Hong Kong says Chong Sing Heritage Trust an unauthorized bank
The bank does not have authorization to carry a banking business in Hong Kong.
HKIA and peers unveil Charter 3.0 to strengthen scam defence
It brings together financial regulators, technology and telecommunications companies.
JLL warns of extended slump property market into next year
JLL expects overall office rents to decline around 5% in 2025.
Emirates to hold Hong Kong open day for cabin crew recruitment
The recruitment drive is part of Emirates’ efforts to expand its cabin crew team.
Hang Seng launches income-focused US equity ETF with J.P. Morgan
The fund is listed in board lots of 500 units at an initial issue price of $15.
Cathay opens new IT office in Shenzhen
The group’s largest mainland office promotes digital innovation and transformation.
MTR Northern Link line phase one project agreement executed
The transportation artery connecting the northern metropolitan area and Shenzhen is expected to open in 2034 or earlier.
Grand Ming seeks waiver for $47.95b loan
It has so far obtained waivers for $27.47b from certain lenders.
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