Staff Reporter

Gov’t approves four building plans in July

The department also received 2,773 reports about unauthorised building works.

Monetary Authority decreases base rate to 4.5%

This follows a 25-basis point downward shift in the target range for the US federal funds rate.

Zijin Gold International seeks $2.49B Hong Kong IPO

The company said proceeds will be used for the upgrades of existing mines.

Experts welcome push to lure Mainland firms via Hong Kong

Colliers said it would likely increase office demand, particularly in Central and Sheung Wan.

HKPC backs policy address to drive I&T and AI development

It also backed proposals to develop a green technology demonstration base.

Experts see student housing boost from ‘Hostel in the City’

JLL said the policy is a step in the right direction, but warned it may not be attractive enough in the near term.

Firms welcome CIES enhancements, split on property market impact

JLL argued that lowering the residential threshold would not significantly encourage non-local buyers.

HKTDC welcomes policy address, backs mainland firms going global

The HKTDC said the package charts a wide-ranging course for development.

Firms urge clarity and incentives to drive Northern Metropolis development

Industry leaders back the plan but warn that high costs, vague timelines could slow uptake

Gov’t to expand housing supply, speed up redevelopment

Between 2026-27 and 2030-31, public housing production is expected to reach 189,000 units.

Hang Seng Bank backs policy measures to bolster markets, finance

Chief exec Diana Cesar said that they will continue to work closely with Hong Kong authorities.

HK to strengthen primary healthcare, deepen system reforms

The Government will introduce a bill next year to support these measures.

RMB Business Facility to be launched

The government plans to issue more RMB bonds and set gov’t expenditure in RMB.

Gov’t to set up task force for Mainland business expansion

Mainland enterprises can establish corporate treasury centres in the city.

Singapore and Hong Kong enhance banking supervision cooperation

It enhances supervision of cross-border operations of banks under their purview.

Gov’t unveils major plans for culture, tourism, and sports

The region aims to strengthen its role as a top arts trading hub.