Hong Kong

Property sales slip 1.8% MoM in May

Property sales slip 1.8% MoM in May

Building unit transaction value was nearly flat month-on-month at $72.8b. 

Tech funding dives 58% in Q2 as early-stage deals dry up

Late-stage firms captured almost all of the funding in the quarter.

Dash Living snaps up Wan Chai property for $400m

The asset was acquired at over 60% below its pre-COVID asking price. 

IPOs spur bank hiring rebound

Workforce across 15 lenders fell 0.73% to 74,376 in 2025.

Data centre market tightens as demand outpaces new supply

Most existing facilities remain below the rack density needed for AI workloads.

Chubb Life adds 3-year option to flagship savings plan

The new structure targets faster capital recovery and wealth accumulation goals.

Mastercard contactless payments land on Hong Kong's Airport Express

The company first rolled out contactless card payments in MTR in 2023.

Civil service pay indicators set at up to 4.12%

The net pay trend indicators will be among the factors considered for the 2026 to 2027 civil service pay adjustment.

QBE names Andy Tsui as corporate underwriting head for Hong Kong, Macau

He will also lead the insurer’s People Risk proposition across Asia.

Johnson Stokes & Master names new senior partner

Geoffrey Chan succeeds Terence Tung, who held the role for 10 years.

Development Bureau introduces land, tenancy reforms

The gov’t allows greater flexibility for short-term tenancies, with some sites eligible for up to 21 years.

GBA eases yacht entry rules for HK, Macau vessels

The vessels are restricted to operating only within nine cities.

World-Wide House top floors up for sale in Central

The receivership asset comprises two adjoining full-floor offices with vacant possession.

Hong Kong to establish international commercial court

The planned court will handle complex, high-value international and cross-border commercial disputes.

Over 60% residents stressed over finances

Rising living costs, healthcare expenses, and retirement savings emerged as the top financial concerns.

OCBC Hong Kong names new wholesale head and risk chief

Angus Tsang and Stanley Sze-To start their new roles in H2 2026.

The Executive Centre opens upgraded workspace at One IFC

The floor features a lounge with interiors inspired by waves and the city skyline.