News

Cash hoarders forfeit $140,000 to stagnant 2% bank yields

Cash hoarders forfeit $140,000 to stagnant 2% bank yields

Investors holding cash since January 2021 generated only $30,000 compared to $170,000 in portfolios.

HK triples data pipeline as AI sparks $3t supercycle

AI inference requirements are forecast to surpass training as the dominant infrastructure demand by 2027.

HK warehouse rents to fall 5% as 9 million sq ft supply looms

Upcoming supply over the next three to five years will fuel competition.

HK risks IP hub status as output efficiency lags South Korea

It remains a global leader in funding research but struggles to convert that capital into marketable patents and goods.

Pre-pandemic visitor gap shadows hotel sector's 10.5% growth target

The sector faces a steep climb as tourist volumes sit 20.8% below previous highs.

Citywide Grade A office rents risk 3% slump amidst elevated vacancy

Overall vacancy rates hit 17.5% as 14.9 million square feet sit empty citywide.

Local retail rents slide 5% as card spending flees offshore

One-third of credit card transactions migrate abroad.

Central office rents surge 8% as Hong Kong Island slumps

Central premium towers defy the broader island decline with a projected 8% rental climb.

Residential market rebound blocked until 12,000–13,000 units clear: Knight Frank

Knight Frank puts 2026 transactions at 65,000–68,000 units as monthly volumes run near 5,000.

Forthright Securities takes 14,000 sq ft Sheung Wan flagship store

Golden Centre site has ad panels and digital screens facing Des Voeux Road Central and Queen’s Road Central.

Hong Kong investment volumes rise 12% to $39.0b in 2025

Hotels and serviced apartments totalled $6.3b; en-bloc residential rose 145% to $1.3b, it said.

HK hit by 2,214 illegal building reports in one month

Authorities issued 413 removal orders and six demolition consents.

HK launches CMHHK amidst traditional medicine growth

The launch pairs a new hospital with standards-setting and research support.

Government approves 10 building plans in November

Consent has been given for work to start on five building projects.

ASEAN expansion accelerates for 73% of GBA firms: study

Singapore draws a further 23% uplift for financing roles and regional HQ functions, the survey shows.

Hong Kong extends FTA scheme to Mainland China–Peru transhipments

Mainland China-Peru cargo now qualifies for preferential tariffs.