Hong Kong
Hong Kong’s mortgage loan applications, approvals rose in July
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.
StashAway launches private market funds with monthly liquidity
The new funds are positioned as alternatives to traditional private market vehicles.
Hong Kong home rents rise through mid-2025
A flats recorded a yield of 3.7%, compared to 2.4% for the largest Class E flats.
FWD expands office space at Taikoo Place
Devon House will be renamed FWD Tower, effective 1 January 2026.
Prudential Hong Kong posts fourth quarter of double-digit APE growth
New Business Profit (NBP) rose 16% YoY.
HSBC fined HK$4.2m for disclosure breaches in research reports
It is estimated to have affected disclosures in over 4,200 reports.
Hong Kong to set up cross-boundary data flow mechanism for AI research
It aims to become a hub for Mainland and global data exchange under new safeguards.
Hong Kong reclaims role as alternative private equity hub in 2025: report
Whilst PE-backed IPO activity in mainland China remains historically low, Hong Kong is increasingly serving as a preferred alternative.
Grade A office market logs 189,500 sq. ft. net absorption in July
Overall vacancy rates slightly fell during the period.
JLL named sole agent for sale of ultra-luxury house at 72 Repulse Bay Road
The deadline for submitting the Expression of Interest is 30 September.
ITC opens tech funding scheme
Applications will be open until 13 October 2025.
Commentary
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