Hong Kong

ITC opens tech funding scheme

Applications will be open until 13 October 2025.

Gov’t updates 'M' Mark system to boost sports events

Funding for approved events will range from $6m to $15m

China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms

CNCBI has completed the first batch of transactions, it said.

Phoenix Property Investors buys industrial site in Australia for $310.30m

The property was acquired through a joint venture with Centennial.

Prime rents jump 8.6% YoY in Q2

This makes Hong Kong the strongest performer amongst 16 major cities.

Entertainment and media industry shifts to ad spending

The market is expected to grow 2.26% annually to $117b by 2029. 

ACTuWISE seeks $5m to expand AI mental health platform

The startup’s expansion plans include launching the app in Mainland China.

Peqaboo creator targets 1,000 merchants by year-end

It seeks to raise as much as $23.4m to fund upcoming developments.

K11 Art Mall posts highest-ever traffic and full occupancy

Sales from anime and collectible toy retailers rose by more than 65% YoY.

Cathay Pacific rebounds with 2.49m passengers in July

This marks the airline’s highest monthly passenger total in 2025 to date.

Commercial real estate woes persist for Bank of East Asia

NIM will weigh on profitability but its non-interest income will cushion impact.

Citi, Mastercard offer priority restaurant booking for HK’s National Day

Citi Mastercard cardholders can pre-book at 13 participating restaurants.

Gov’t terminates all contracts linked to water fraud

Authorities said XDX and related firms can no longer meet their contracts.