News
Gov’t OKs CMHK offer in planned HKBN acquisition
Gov’t OKs CMHK offer in planned HKBN acquisition
Communication Authority has accepted relevant commitment.
Global fashion group brings athleisure into Hong Kong
The brand is targeting young consumers.
Wang On Group unit, ADPF Oregon form JV to purchase a hotel
The JV will purchase the 199-room Hotel Ease Mong Kok.
Joy City Property proposes $2.93b share buy-back
The company plans to delist after the buy-back.
Hong Kong startups miss out on up to $12.6m in grant funding
The estimate is based on responses from 118 startup founders, of whom 84 had not applied for government support.
Hong Kong Express adds Guiyang to flight route
It is the first local airline to operate direct flights to the provincial capital of Guizhou.
Consultancy agreement for cross-border railway awarded
The deal is for the development of a 7.3-kilometre rail connecting Hung Shui Kiu to border.
HKT profit climbs 4% to $2.07b in H1
Revenue grew by 4% to $17.322b.
Shoucheng Holdings buys back 20.65M shares
Confident in short-term valuations due to potential returns in robotics and medical technology.
HSBC’s profits down 30.6% to $11.51b in H1 2025
Revenue declined by 9% to $34.1b during the six-month period.
Task group evaluates proposals for third medical school
Expert advisors initiated the next phase of work.
Hang Seng Bank’s credit risks rise, but capital buffers remain strong
Credit losses rose to HK$4.86b in H1 versus HK$1.5b a year earlier.
Economy grows by 3.1% in Q2
On a seasonally adjusted quarter-to-quarter basis, real GDP rose by 0.4%.
Retail sales inch up 0.7% YoY in June
Of the total sales value, online sales accounted for 8.5% at $2.b.
6 in 10 organisations still unfamiliar with carbon neutrality: report
78% of enterprises have not yet established comprehensive carbon neutrality targets.
Hong Kong Grade A offices see 44,200 sq ft uptake in June
The increase in take-up was largely driven by financial institutions, which remained active in the leasing market.
FEHD to auction 474 stalls in 43 public markets
Leasing period will be a three-year fixed term beginning 1 September, with no renewal upon expiry.
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