News

Hong Kong’s updated tax rules offer relief for leased property costs

The Inland Revenue Ordinance now allows deductions for restoring rented spaces.

How will the new Kai Tak Sports Park boost HK tourism and business?

The 28-hectare venue offers opportunities for tourism, business growth, and global recognition. 

Hong Kong’s total loans down 2.8% in 2024

Loans for use outside Hong Kong dropped by 1.3% in December.

Home loans in negative equity dropped to HK$195.1b in December

The number of cases fell, but the three-month delinquency ratio rose.

Waterpipe tobacco won't be banned: Health bureau

This was in response to a report which claimed that the government is considering a ban.

Christie’s International Real Estate expands into Hong Kong

The new venture will be led by Hong Kong native Samson Law.

Hong Kong banks to prioritise resilience, costs in 2025: KPMG

Interest rate reductions are likely to be slower.

Office prices decline by 7.8% YoY in 2023: report

Grade A, B, and C offices decreased by 2%, 11.5%, and 7.9%, respectively.

Residential price falls 7% in 2023: report

The primary and secondary markets registered a record low of 43,002 transactions in total.

Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct

It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.

HK visitor arrivals up to 44.5 million in 2024

This reflects a 31% year-on-year increase.

Gov’t loses tapes containing personal data of 76,000 individuals

The risk of leakage is "extremely low," the Official Receiver's Office said. 

Haitong Securities’ taking upfront profit hit ahead of merger: report

This will allow Haitong to enter the merger with "less baggage," S&P Global said. 

CBRE finalises Oasis Aurum 181 lease with Liu Chong Hing and GDHM

Oasis Aurum 181 features 182 rooms and suites equipped with premium amenities.