News

Hong Kong moves forward with Chinese Medicine Development Blueprint

The blueprint will be published by the end of the year.

Better capital gains for second-hand transactions to boost home prices–UOB

The 900 units in Kai Tak Sky project were largely sold due to attractive prices.

Silver bond subscriptions reach $98.2b

The bonds will be issued on Friday, totaling $55b.

HSBC proposes to privatise Hang Seng Bank

Hang Seng has established an Independent Board Committee to consider the proposal.

HK launches GoGlobal Task Force to help Mainland enterprises expand overseas

Initiatives will include market visits and outreach programs.

Hang Seng Bank upscales sustainability fund by 50% to HK$120b

Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.

Property sales up 6.3% in September

Residential units accounted for 5,643 agreements.

Private lenders step in as Hong Kong banks cut real estate loan growth

Knight Frank expects Hong Kong to remain a distressed-refinancing market rather than growth-lending market.

Private lenders step in as Hong Kong banks cut real estate loan growth

Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.

Four in five entrepreneurs hold multi-residency status

63% of Hong Kong entrepreneurs are concerned that large inheritances may weaken next-generation values.

Hang Seng Bank raises Sustainability Power Up Fund to $120b

About 70% of the utilisation went to sustainability-linked loans.

Security Bureau convenes task force to tackle illegal employment

Key focus areas include developing response strategies, improving intelligence gathering, and information sharing.