News
High interest rates dampen buyer appetite in Q2
High interest rates dampen buyer appetite in Q2
Residential transactions fell 13% QoQ to 12,200.
HK issues 9 pre-sale consents for property developments in Q2
Most are residential developments.
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
Sheraton, Four Points hotels restructure project loans
Shimao Group Holdings’ shares will remain suspended.
Property sales drop 9.6% MoM in June
Year-on-year sales increased by 24.1%.
Gov’t forms Web3 development task force
Amongst members of the task force is Animoca Brands’ co-founder Yat Siu.
OCBC unifies branding, renames Hong Kong and Macau subsidiaries
OCBC Wing Hang has been renamed as OCBC Bank (Hong Kong).
MTR resumes in-town check-in service by Cathay Pacific Airways at Hong Kong Station
The service will be available daily from 6 am to 3 pm.
HK’s aviation industry to recover by end-2024: IATA
The aviation experts expect passenger traffic in the city to return to pre-crisis levels next year.
Siu Lun Shopping Centre, retail units at Park Lane Shopper's Boulevard up for sale
The assets will be sold via an expression of interest exercise.
Confidence of GBA businesses drops in Q2
The confidence index of business dropped to the 50 neutral mark.
Retail sales value jumps 18.4% YoY in May
The total value stood at $34.5b.
Martin Gwee takes helm as HKTB’s director of Southeast Asia
He will replace Raymond Chan.
HK lifts amber travel alert for Malaysia except for the Sabah East Coast region
Residents planning to visit the region must exercise caution.
Approved mortgage loans soar 20.3% MoM in May
The increase was likely due to the uptick in applications during the same month.
Committee for care home manpower formed
It will be chaired by Dr. Lam Ching-choi.
Gov’t logs $71.9b deficit
The figure was only for the first two months of the current financial year.
Commentary
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