News

Pak Tak signs MoU for planned Tanzanian gold company acquisition

It plans to acquire a partial or total equity stake in a gold explorer and producer.

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.

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.