News
5.1-year waiting time recorded for public rental housing
5.1-year waiting time recorded for public rental housing
7,900 quarterly placements contributed to the one-year reduction.
Government suspends 30 projects after safety concerns
A safety audit will be required before resumption of operations.
Hong Kong’s fixed wireless access market expands as 5G coverage strengthens
The firm said growth will be driven by the city’s extensive 5G coverage and rising demand for high-speed connectivity
Construction receipts climb to $474b even as profit margins tighten
Gross surplus fell 5.9% despite the higher industry value added.
Transport, storage sector totals $755.6b of receipts in 2024
The segment contributed $197.3b in the city’s GDP.
Manufacturing receipts climb to $300b in 2024
Gross surplus edged up by 1.3% as costs rise.
Bank of East Asia extends Tai Po branch’s business hours
It will be open until 6PM on November 27-28, 2025.
Hong Kong home prices find a floor as sentiment lifts with market rally
CBRE believes the peak of unsold inventory has passed, with stock expected to decline gradually as sales continue.
HKMC sets record with $25.3b benchmark bond issuance
The multi‑currency offering includes the largest‑ever 30‑year HKD-denominated social bond tranche.
CLPe Solutions snags $22m EV charging tender
The utility-backed firm secured a 12-year land grant for Tai Po EV charging station.
Gov't launches platform for low-flying vehicle economy
Regulatory Sandbox X studies the application of low-altitude vehicles in rescue, logistics, amongst others.
Three new Sha Tin Heights homes go on public sale
The properties sit in the Sha Tin Heights section of Tai Po Road in a green hillside setting.
Hong Kong Central Grade A office rents rise as demand lifts prime buildings
The vacancy rate at the end of October stood at 13.1% across the market.
IPOs, wealth management drive bank deposits to hit $19.1t in September
It made the nation a ‘safe haven’ for capital, the Financial secretary said.
AIA Hong Kong & Macau launches new plan with 115 conditions for families
AIA also launched a lower-cost option covering 58 critical illnesses.
San Tin Technopole may add $250b to GDP
The 210-hectare I&T site is divided into three hubs and three industry corridors.
Inflation edges up to 1.2% in October
Price increases were logged in various sectors, including transport, housing, and basic food.
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