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Investor demand fuels industrial property growth in Q3
Investor demand fuels industrial property growth in Q3
Notable transactions include JINGDONG buying Li Fung Centre for $1.8b.
Gov't anticipates 438,000 housind demand for next decade
In response, the government has revised the public-to-private housing ratio to 70:30.
Hong Kong tells financial firms to adopt “risk-based” approach to AI adoption
The government will adopt a dual-track approach that considers risk.
Exports value eases to 4.7% YoY in September
In August, exports value rose 6.4% YoY.
HKEX appoints Herbert Chia to board
He will replace Peter Yan.
ZA Bank commences pilot for virtual asset trading service
Three in four Hong Kong investors are interested in investing in cryptocurrency.
DeepTrin sets foot in HK with regional headquarters
The company aims to raise the brand's influence in the Asia-Pacific market.
Retail market sees strong leasing activity led by premium deals
Key transactions include Emperor Watch's 5-year lease in Shanghai Bank Tower.
HK Acquisition Corporation completes De-SPAC transaction with Synagistics
The SPAC will then be named Synagistics Limited.
Hong Kong launches task force to reinforce asset, wealth hub stats
Hong Kong's assets under management exceeded $31t by the end of 2023.
InvestHK has helped 59 fintech firms expand in Hong Kong
As of August, it has assisted 59 companies from 12 economies.
Grade A office market records negative net absorption as of end-September
Overall vacancy rate stabilised at 13.4%.
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b.
Education Bureau opens application for fourth admission scheme
The scheme is open to local Secondary 6 students taking the 2025 HKDSE.
HK introduces new public housing estates design guide
A team researched 26 housing estates and collected opinions from 3,000 residents.
Gov’t expands 1+ drug approval mechanism
Vaccines and advanced therapy products can now be registered in HK.
HSUHK annd Towngas partner for first ESG Scholarship Programme
The initiative awarded five teams scholarships worth $50,000.
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