News
PAObank uses PCS to replace traditional freight documentation
PAObank uses PCS to replace traditional freight documentation
PAObank is the first digital bank to participate in the commercial data interchange initiative.
Tenders open for 4,200-unit light housing in Tuen Mun
Intake is tentatively scheduled in the third quarter of the year.
Hong Kong to amend complaint system ahead of new medical reform bill
Legislative changes are scheduled for the first half of the year.
HA rolls out Phase II of community health training programme
The five-year project will train primary healthcare personnel on the Mainland.
HKIA rises to 8th busiest int'l airport but remains 14% below 2019 capacity
Despite recording the highest seat growth of any major hub in 2025, the facility is still chasing its pre-pandemic peak.
Cash hoarders forfeit $140,000 to stagnant 2% bank yields
Investors holding cash since January 2021 generated only $30,000 compared to $170,000 in portfolios.
HK triples data pipeline as AI sparks $3t supercycle
AI inference requirements are forecast to surpass training as the dominant infrastructure demand by 2027.
HK warehouse rents to fall 5% as 9 million sq ft supply looms
Upcoming supply over the next three to five years will fuel competition.
HK risks IP hub status as output efficiency lags South Korea
It remains a global leader in funding research but struggles to convert that capital into marketable patents and goods.
Pre-pandemic visitor gap shadows hotel sector's 10.5% growth target
The sector faces a steep climb as tourist volumes sit 20.8% below previous highs.
Citywide Grade A office rents risk 3% slump amidst elevated vacancy
Overall vacancy rates hit 17.5% as 14.9 million square feet sit empty citywide.
Local retail rents slide 5% as card spending flees offshore
One-third of credit card transactions migrate abroad.
Central office rents surge 8% as Hong Kong Island slumps
Central premium towers defy the broader island decline with a projected 8% rental climb.
Residential market rebound blocked until 12,000–13,000 units clear: Knight Frank
Knight Frank puts 2026 transactions at 65,000–68,000 units as monthly volumes run near 5,000.
Forthright Securities takes 14,000 sq ft Sheung Wan flagship store
Golden Centre site has ad panels and digital screens facing Des Voeux Road Central and Queen’s Road Central.
Hong Kong investment volumes rise 12% to $39.0b in 2025
Hotels and serviced apartments totalled $6.3b; en-bloc residential rose 145% to $1.3b, it said.
HK hit by 2,214 illegal building reports in one month
Authorities issued 413 removal orders and six demolition consents.
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