News
Gov’t updates 'M' Mark system to boost sports events
Funding for approved events will range from $6m to $15m
Housing Bureau invites tenders for Yan Po Road LPH project
Each contract covers about 2,800 units.
Colliers to sell prime Shun Tak Centre offices via public tender
The tender closing date is on 16 October.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
Phoenix Property Investors buys industrial site in Australia for $310.30m
The property was acquired through a joint venture with Centennial.
Prime rents jump 8.6% YoY in Q2
This makes Hong Kong the strongest performer amongst 16 major cities.
Shuangdeng Group IPO debut oversubscribed over 3,000 times
The group reported a net proceed of $756.26m
K11 Art Mall posts highest-ever traffic and full occupancy
Sales from anime and collectible toy retailers rose by more than 65% YoY.
Cathay Pacific rebounds with 2.49m passengers in July
This marks the airline’s highest monthly passenger total in 2025 to date.
Commercial real estate woes persist for Bank of East Asia
NIM will weigh on profitability but its non-interest income will cushion impact.
Citi, Mastercard offer priority restaurant booking for HK’s National Day
Citi Mastercard cardholders can pre-book at 13 participating restaurants.
Gov’t terminates all contracts linked to water fraud
Authorities said XDX and related firms can no longer meet their contracts.
HK inflation eases to 1% in July
Declines were seen in clothing and footwear, durable goods, and basic food.
Bank of East Asia reports higher attributable profit by 14.1% YoY in H1 2025
Earnings per share also increased by 24.6% YoY.
Despite strong earnings, HKEx screens as overvalued: analyst
The valuation adjustment follows a standout first half of 2025, where HKEx reported a 39% surge in net profit.
Hongkong Land streamlines building ops with new AI platform
The company said the platform is designed to improve operational efficiency and reduce service disruptions.
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