News

PwC urges policy action to boost Hong Kong’s global role

The recommendations come as Hong Kong’s economy shows modest recovery.

Hong Kong SME index hits 3-year low on weak profit outlook

Despite the downturn in sentiment, the construction industry index rose to 42.3

Klook joins NATAS Travel Fair with multi-gen trip offerings

The company will showcase curated travel offerings and promotions aimed at multi-generational travellers.

Second round of sales at 33 Kennedy Road announced

A total of 25 units were sold in the initial sales round.

Elderly health care voucher scheme now covers all 9 GBA cities

Two new service points in Shenzhen will also open later this month.

HK sees steepest prime property decline in Q2 2025

Prices fell 14.3% over the past 12 months.

Office rents set to drop 10% in 2025

Vacancy rate stood at 17.3% in the first half of 2025.

Battery maker Shuangdeng Group to list on the HKEX

The company is offering 58.6 million shares, priced at $14.51 each.

CK Asset profit drops 26.2% on $503m revaluation loss

Despite the sharp drop in headline profit, the Group's core earnings showed resilience. 

Hong Kong total credit card receivables down 2.5% to $19.03b in Q2

This is slower than the 5.8% decline recorded in Q1 2025, official data showed.

Economy up 3.1% in Q2 2025

Unemployment rate also rose to 3.5%.

Cathay Group, DHL Express sign new sustainable aviation fuel deal

The partnership is expected to cut GHG emissions by about 7,190 tonnes.

Towngas Smart Energy lifts profit 2% in first half

The renewable energy segment saw a 5% rise in net profit to $172m.

Hong Kong promotes investment and trade with Australia

Secretary for Commerce & Economic Development meets key Australian business officials in Sydney.