Staff Reporter
Six in 10 HK professionals forecast economic growth next year
Six in 10 HK professionals forecast economic growth next year
51% expect their company's revenue to increase.
New home inventory projected to balance by late 2025 as supply declines
The months of supply has dropped to 78.2 months as of October 2024.
Land sales revenue falls behind fiscal goal, totaling $3.7b by October
It represents only 11.2% of the government's target of $33b.
HK gov’t to review criteria, scope of TAVA scheme eligibility
This is due to reports of individuals defrauding the said scheme.
HKMA eases mortgage loan limits, sparks concerns over property valuation risks
JLL said buyers face higher risks as the housing market is still in a downturn.
CUHK introduces non-invasive test for gastrointestinal inflammation
The invention can effectively differentiate common chronic gut disorders.
Nearly half of Hong Kong consumers foresee income growth in 2025
Millennials lead the way at 51%, up from 40% last year.
Less containers, ocean vessel arrivals in Q3
The port handled 3.41 million TEUs of containers during the quarter.
Total port cargo throughput down 3.5% YoY in Q3
Both inward and outward port cargo declined.
Cathay Pacific launches direct flights to Munich, Germany
This marks the airline’s second route to Germany.
Property sales up 31.3% in November with 7,689 units sold
The Land Registry recorded 382,391 land register searches during November.
Agile Group Holdings reports $1.28b pre-sale value
Average selling price is $13,815 (RMB12,925) per square meter.
Gov’t launches pro-bono mediation scheme for water seepage disputes
Parties can conduct mediation by submitting a request through eBRAM’s platform.
Lack of flexibility, hybrid managers drive more than half of HK employees to ‘silently quit’
22% of the Hong Kong workforce currently feels demotivated at work.
Hong Kong rate cuts to drive investor interest in 2025
Lower rates will attract institutional and property funds to value-driven opportunities.
Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates
It will decline to 2% from 2.6% in 2024, Deutsche Bank said.
KPay raises $55m in series A funding round
It will use the funds for M&A opportunities and to double its partnerships.
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