News

63% of finance leaders forecast GDP growth in 2026

Survey cites capital-market depth and financial connectivity as key supports.

HKIC posts $2.34b investment income in 2024

Its operating income stood at $2.25b over the same period.

Li Dong Building hits market at $800m in public tender

The building is about 90% leased, largely to medical, fitness, and physiotherapy tenants.

November property registrations slips to 7,121 units

Residential agreements decline as total consideration eases year on year.

Port cargo throughput falls 5.6% in Q3

Inward cargo dropped 11% whilst outward shipments rose modestly.

Hong Kong offers 535 market stalls for December public auction

The auctions will cover cooked food, fresh meat, seafood, fresh produce and other sundry trade categories.

Residential mortgage loans reached $31.3b in October

Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.

5.1-year waiting time recorded for public rental housing

7,900 quarterly placements contributed to the one-year reduction.

Government suspends 30 projects after safety concerns

A safety audit will be required before resumption of operations.

Hong Kong’s fixed wireless access market expands as 5G coverage strengthens

The firm said growth will be driven by the city’s extensive 5G coverage and rising demand for high-speed connectivity

Construction receipts climb to $474b even as profit margins tighten

Gross surplus fell 5.9% despite the higher industry value added.

Transport, storage sector totals $755.6b of receipts in 2024

The segment contributed $197.3b in the city’s GDP.

Manufacturing receipts climb to $300b in 2024

Gross surplus edged up by 1.3% as costs rise.

Bank of East Asia extends Tai Po branch’s business hours

It will be open until 6PM on November 27-28, 2025.

Hong Kong home prices find a floor as sentiment lifts with market rally

CBRE believes the peak of unsold inventory has passed, with stock expected to decline gradually as sales continue.