Hong Kong
GDP seen to decline by 1.5% with exports under strain
GDP seen to decline by 1.5% with exports under strain
China's economy is also expected to slow, with GDP forecast to decline by 0.5% by the end of 2025.
Property market may turn after seven years of decline
Cycle-low HIBOR and CCL Index boost favourable market environment.Morgan Stanley is optimistic the Hong Kong property market will see the onset of an upcycle, which could last four to five years, after seven years of decline.
Hang Seng’s HKD prime lending rate remains at 5.25%
Hong Kong dollar savings deposit rates were also unchanged.
New bill regulates leasing of subdivided units
The measure will penalise parties leasing unrecognised units.
Five HK institutions make it to world’s top 100 universities
The University of Hong Kong placed 11th.
Hong Kong to log largest rise in bad loans in APAC in 2025
Banks in Hong Kong and the mainland still face subdued loan demand.
BEA property risks persist but capitalisation, funding offer buffers
Its impaired loan ratio is expected to remain high in 2025.
HSVM: ETF market needs policy boost to unlock growth
The slower growth suggests untapped potential in a market already recognised for its liquidity, regulatory framework.
SHKP maintains fair value at $130 amidst market softness: report
The firm reaffirmed its fair value estimate at $130 and maintained a 3-star rating, suggesting the stock is fairly valued at current levels.
Press freedom in Hong Kong hits two-decade low: report
The city dropped to 140th place in the 2025 World Press Freedom Index.
ACCL secures temporary stay to avoid delisting from contractor register
An appeal hearing is set for late August.
Grade A vacancy rate drops to 13.6% in May
Four of the five major business districts saw declines in vacancy rates.
Henderson Land secures record office lease in Central with Jane Street
Jane Street leased over 223,000 square feet of New Central Harbourfront Site 3 Phase 1.Henderson Land Development Company Limited (Henderson Land) struck the largest single office leasing deal in the central business district in decades, leasing more than 223,000 sq. ft. to Jane Street.
Credit card issuance slows in Q1 2025 amidst soft retail demand
Gen Z accounted for 26.9% of total originations.
Mastercard, HSBC Hong Kong to offer privileged access to Live Nation events
Eligible cardholders can have early access to priority booking before public sales.
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal.
HK on track to hit 3% export growth: HKTDC
Many exporters opted to “frontload” their orders in the early months of 2025.
Commentary
Wellness craze: Emerging growth for commercial space