News

HK launches subsidy scheme to expand 5G in rural areas

About 50 new subsidised RBSs will be built.

Prudential launches phase three of share buyback on 1 July

It is expected to be completed no later than 24 December.

Over 40% of companies adopt data collection and reconciliation systems

The poll showed that the majority of the companies are still in the early stage.

Investors stayed cautious towards real estate amidst economic headwinds

Lower HIBOR provided limited support but is expected to improve.

Towngas and Royal Vopak partner to develop green methanol supply chain

Key development areas include the GBA, East China, and Bohai Bay (Tianjin).

Over 70% of top restaurant chains commit to cage-free eggs

An additional 7% are actively developing similar policies, pushing total participation to 71%.

Decentralised office vacancies seen to drag on Hong Kong market

CBRE projects full-year office rents will fall between 5% and 7%.

Steady retail leasing seen in H2 on strong F&B demand

F&B groups catering to mass and mid-market consumers are expected to remain the key drivers of leasing demand.

Home and office leasing signal recovery as retail stays weak

Grade A office space leasing rises to highest since the pandemic on expansions and relocations.

FWD’s HK, international IPO tranches over-subscribed

The Hong Kong retail tranche was oversubscribed approximately 37 times.

Goodman Group establishes $21.19b data center partnership

2.3 million sq. ft. across six assets including two data centers under construction

Carers database roll out to support families at risk

Low-income carers with disabilities will benefit first