Hong Kong
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.
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.
Hang Lung launches program to support young founders
The entrepreneurs also receive renovation support, marketing assistance, and access to promotional platforms.
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.
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.
Government issues resumption notices to 68 private lots for Yuen Long South NDA
These will be reverted to the government on 29 November.
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.
HK records varying market dynamics in July
Overall office leasing market recorded a positive net absorption of 189,500 sq ft.
Victory Giant to list on HKEx
The company ranked first globally in terms of sales revenue in the AI computing power PCB market.
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