News
60% of HK workers oppose foreign labour importation
60% of HK workers oppose foreign labour importation
This is due to fewer employment prospects for local workers.
HKEX suspends trading due to typhoon
Connect trading is also suspended for the day.
Y.X acquires building in Hung Hom for student housing
Y36 has 51 rooms with 82-bed spaces and co-living spaces spanning over 4,000 sq ft.
Wealth transfers to spur family offices’ growth in SG, HK
The two markets each manage $1.3t in offshore assets.
HK student housing boosted with 9 privately invested projects
The projects offer 2,848 beds for students.
Student housing to fall 120,000 beds short by 2028
Demand is expected to reach 175,000 by 2028.
9 in 10 GBA companies see Hong Kong as a key sustainable development facilitator
99% of Mainland businesses committed to sustainable investment choose Hong Kong as a source for related professional services
Private rental prices inches up just 3% below historical peak
The rental index for Class A and B units increased 6.9% and 7.3% YoY.
Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
All sectors affected in Hong Kong’s real estate sales drop
Rising interest rates and geopolitical tensions challenge Hong Kong's property sector.
Hong Kong travelers flock southeastern regions in cross-border travel: report
Total volume of cross-border travelers to Mainland China has reached 141 million.
Sanergy’s shares plummets 98% following a forced liquidation
The company requested a trading halt on 3 September.
HKBU plans trial for ulcerative colitis remission drug in 2025
It will be randomised, double-blind, and placebo-controlled.
Hong Kong, Shaanxi ink cooperation agreement
This aims to further strengthen co-operation and capitalise on respective strengths.
CAD assists in Cathay Pacific’s A350 fleet inspection after engine failure
The department is closely monitoring the inspection’s progress.
HKRITA and H&M opens research facility for sustainable textile and fashion industry
It is located at the Advanced Manufacturing Centre in Tseung Kwan O InnoPark.
Chow Tai Fook Jewellry taps Gabriela Ferreira as international general manager
She will focus on enhancing brand desirability and identify new growth opportunities.
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Commentary
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