Hong Kong
Thirty-seven private lots resumed for development
Thirty-seven private lots resumed for development
About 27,600 sqm. will be reverted to the government on 11 October.
HKEX launched Order Routing Service on Integrated Fund Platform
The move addressed some long-standing operational challenges.Hong Kong Exchanges and Clearing Limited (HKEX) launched the Order Routing Service that connects fund distributors and transfer agents on its Integrated Fund Platform (IFP).The new service is based on the Fund Repository system and helps transform the fund order placement process into a seamless and integrated system.Supported by the data network from Shenzhen Stock Exchange, the service promotes better efficiency and collaboration across the fund distribution network by enhancing communications between fund distributors and agents.IFP also welcomes an initial cohort of 33 distributors, transfer agents and fund houses.
HKTDC signs first MOU with Singapore-based bank
The partnership also aims to generate job opportunities and strengthen communities across both regions.The Hong Kong Trade Development Council (HKTDC) signed a Memorandum of Understanding (MOU) with United Overseas Bank Hong Kong Branch (UOB Hong Kong) at the ASEAN Conference 2025 in Singapore, a first of such a partnership for Hong Kong.The MOU aims to strengthen regional ties and promote sustainable growth by leveraging UOB’s extensive regional network and financial expertise, alongside HKTDC’s strengths in trade promotion, to access new markets, resources and professional knowledge.The MOU also promotes local enterprise development and economic resilience by matching local value chains with foreign direct investments(FDI).
OCBC Bank Hong Kong sets up team to support entrepreneurs
OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028
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.
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.
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