News
Restaurant receipts value drop 1.8% YoY to $24.1b in Q3
Restaurant receipts value drop 1.8% YoY to $24.1b in Q3
Amongst restaurant types, bars had the biggest drop in total receipts.
Hang Seng warns customers about phishing emails
Recent phishing emails uses [email protected] as an address.
Hong Kong’s economic growth hinges on travel recovery
Advanced GDP estimates showed a drop of 4.5%.
Citi launches 1st Citi Global Wealth Centre globally in Hong Kong
It is located at K11 Atelier Victoria Dockside.
Hong Kong eyes to become premier green, sustainable finance hub
It is supported by the National 14th Five-Year Plan.
Property sales fall 8.1% MoM in October
Year-on-year sales declined by 28.9%
HKMA raises its base rate to 4.25%
The new rate took effect on 3 November.
Fintech enterprises in Hong Kong grows to over 800 within 5 years
This is up from 180 fintech firms.
Economy contraction widens in Q3 at 4.5%
In Q2, the economy shrank by 1.3%.
Hong Kong to place ‘guardrails’ to mitigate potential risks in virtual assets
This is in line with the development of VAs in Hong Kong.
Hong Kong retains 10-year housing supply target
The government maintained its 430,000-unit target in the ten years to 2033.
Hong Kong retail sales up 0.2% in September
Retail sales stood at $28.1b, the Census and Statistics Department reported.
HKIA opens new Sky Bridge
The Sky Bridge is the longest airside bridge across the globe.
Around 2 in 5 Hong Kong businesses experienced cyber incident: report
This is the lowest in the Asia Pacific region.
Site in Kai Tak up for public tender
The site is designated for non-industrial purposes.
95,000 private flats to be available in next 3-4 years
The figure is 3,000 less than the previous estimate.
Government improves green lifestyle local tour incentive scheme starting 1 December
This includes raising the subsidy level to local tour participants to $300.
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers