News

Sino Land profit drops 30% to $2.2m

Sino Land profit drops 30% to $2.2m

Despite the decrease, the company maintained its interim dividend at 15 cents per share.

Stamp duty cut to boost demand in Hong Kong’s lower-end housing

For a $4m property, buyers will now pay $60,000 less in taxes, which could help stimulate demand in the lower-end housing market.

Transparency needed to boost confidence in Northern Metropolis: analysts

An analyst also pointed out that developers are hesitant due to unclear government policies.

What analysts have to say about Hong Kong 2025-26 Budget

PwC and KPMG commend efforts to bolster AI and asset management sectors in Hong Kong.

HKPC, HKTDC back Budget’s push for innovation, SME growth

Both organisations reaffirmed their commitment to working closely with the government.

Top 50 list of Hong Kong billionaires' wealth climb

The minimum net worth to make the list this year rose to $11b from $8b.

Hong Kong’s property price-to-income ratio drops: JLL

However, the number of units on disposed sites ready for construction dropped by 33% year-on-year.

HK to extend Green Finance Capacity Building Support Scheme to 2028

To date, over 5,700 applications have already been approved under the scheme.

Gov't allocates $1.5b to support local enterprises expand globally

It will also help SMEs tap into Mainland markets and boost e-commerce.

Hong Kong strengthens ties with Global South markets

It also aims to enhance collaboration with ASEAN and Middle Eastern markets.

Hong Kong expands talent admission policies

This aims to boost manpower and address labour shortages.

Hong Kong to invest HK$215m for smart port development

A Maritime and Port Development Board will also be formed.

Mainland firms urged to set up headquarters in Hong Kong

It will provide them one-stop professional consulting services.

190,000 public houses to be completed over next 5 years

About 17,000 private housing units will be built per year over the same period.

Hong Kong's revenue forecast cut to $560b for 2024-25

Fiscal reserves are expected to drop to $647.3b by 31 March

Hong Kong halts sales of commercial sites

But this move “will be effective for the next five years only," a property analyst said.