News

Land prices exceed 30% in H2 as developers regain appetite: JLL

Land prices exceed 30% in H2 as developers regain appetite: JLL

Developers have regained their appetite for land acquisition and confidence in the residential market.

Construction output weakens in Q3 as private sector activity falls

Private output dropped 18.1%, whilst public works rose 7.7%.

Monetary Authority lowers base rate to 4%

The decrease followed a 25-basis point downward adjustment in the US federal funds target.

HKTDC forecasts exports to grow 8-9% in 2026

AI electronics demand was cited by 53.2% of exporters as the key growth driver.

Retail rents to further decline in 2026, says JLL

JLL expects vacancy rates to stay high in 2026 as closures outpace new take-up.

Hong Kong reclaims top global IPO ranking after 2025 fundraising surge

Funds raised surged 210% as A+H listings dominate issuance.

Hong Kong business leaders take defensive stance as tariffs reshape costs

37% of Hong Kong leaders said they had paused major investment decisions, and a quarter have implemented hiring freezes.

Security fears slow Hong Kong’s AI adoption

Despite rising digital wallet use, Hong Kong consumers remain hesitant toward AI-driven retail.

Fragmented rules threaten Hong Kong’s decarbonisation drive

Experts say Hong Kong must streamline permitting to stay competitive.

Far East Consortium sells Perth Ritz-Carlton stake for $515m

An instalment of $103.45m (A$20m) has already been paid by Generation Essentials Group to Far East Consortium.

KPay, Global Payments launch ‘Tap to Pay on iPhone’ service

Merchants can accept contactless payments using an iPhone XS or a later model.

Gov’t launches consultation on crypto reporting rules

The move follows plans to complete legislative amendments in 2026.

Government cites economic growth but warns of external risks

Diffusion index on business receipts dipped in November.

IT services post 99% YoY jump in Q3 receipts

Service industries will also benefit from continued improvement in local consumer sentiment.

HKEX launches Tech 100 Index as its first Hong Kong equity benchmark

To support product development, HKEX has signed a licensing agreement with E Fund Management.