News

Embattled Country Garden Holdings resumes trading

This comes after a halt in trading for more than nine months.

Cathay Pacific’s carried passengers jumps 30% YoY in 2024

The airline carried more than 2.2 million passengers in December 2024.

539 overseas firms expand in HK

This is the highest number of companies assisted by InvestHK to date.

Hang Lung secures $10b through five-year syndicated loan facilities

The funds will be used to refinance debt and provide additional working capital.

Consumer prices up 1.4% in December

Price hikes were seen in categories such as alcoholic drinks, tobacco, and electricity.

Unemployment rate stays at 3.1%

The underemployment rate also stayed steady at 1.1%.

Hong Kong restaurant confidence index rises to 6 in Q4 2024

This was driven by stable revenues from traditional dine-in services and the expanding role of food delivery platforms.

Hong Kong construction industry to contract by 1-2% in 2024: JLL

Fit-out cost increases are expected to remain stable at 2% in the second half of 2024, FY 2025, and FY 2026.

Hong Kong eyes medical innovation with new key initiatives

One goal is to create a ‘GBA Clinical Trial Collaboration Platform’.

Jobless rate unchanged at 3.1%

The underemployment rates of the manufacturing and financing sectors declined.

HK’s rental housing market stable in 2024

On average, the rental budget is around $14,000.

HK achieves record-breaking 539 FDIs 2024

The total investment brought to Hong Kong’s economy reached $67.7b.

London Metal Exchange approves Hong Kong as metal delivery point

This shows HK’s role as a “super connector.”

CBRE to sell prime real estate assets in Kowloon and Shau Kei Wan

These properties include an en-bloc building, a high-floor unit, and the entire 3/F of Manson Industrial Building at Shau Kei Wan.

HKCEC gets gold certification as Hong Kong’s first Halal MICE venue

Its the first MICE venue in Hong Kong to attain the highest level of certification.