News
Hong Kong startup funding drops 92.73% MoM in August
Hong Kong startup funding drops 92.73% MoM in August
Early-stage funding (68.8%) held the largest share.
Kowloon Bay’s The Bay Hub secures major lease with British school
The school has leased the entire first and second floors, totalling 45,272 square feet in gross floor area.
Hong Kong to launch new innovation fund in 2026
The government said venture capital is critical to its growth.
Citi named primary liquidity provider in RMB repo scheme
It is currently the only American bank of the 11 dealers in the scheme, the bank said.
Quality HealthCare opens flagship clinic in Prince’s Building
The facility offers services across 14 medical specialities.
Cheung Sha Wan office site up for sale for $60m
The property is offered for sale on an as-is basis.
Gov’t, WIPO ink deal on IP judgments database
It will submit IP rulings from its courts to the database.
Property sales down by 10.4% MoM in August
There were 388,762 land register searches in August.
Cathay overhauls key roles in Southeast Asia and Oceania
Frosti Lau has been tapped as the regional general manager.
Manulife Hong Kong expands hospital access to 38,000 sites in China
It also extended its Credit Service for Hospitalisation to over 800 hospitals in China.
Hong Kong Insurance Authority sets 50% cap on broker referral fees
The HKIA warned that excessive referral fees could mask commission rebates.
Hong Kong tourism rebounds with 23.6m visitors in H1 2025
The city recorded 23.64 million visitors in the first half of the year, or a 11.7% YoY.
Hong Kong launches silver bonds with 3.85% annual return
It has a target issuance size of $50b.
Cheung Sha Wan site to be auctioned for $123m
The site spans approximately 4,800 square feet.
Retail sales rise 1.8% YoY in July 2025
Total retail sales estimated to have reached $29.7b.
IVD Medical acquires 20.31% stake in GoFintech Quantum for $3.142b
This marks the company’s move to elevate the on-chain financial ecosystem.
Hang Lung launches program to support young founders
The entrepreneurs also receive renovation support, marketing assistance, and access to promotional platforms.
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