Staff Reporter

Nomura gets SFC nod to offer five UCITS funds in Hong Kong

 The five authorised funds consist of three equity and two fixed-income funds.Nomura Asset Management Co., Ltd. has received authorisation from the Securities and Futures Commission (SFC) of Hong Kong to market five UCITS funds to retail investors. 

Property investment market slumps as investors stay cautious

Office and retail transactions declined from the previous quarter’s high base. 

High street rents rise by 2.6% YoY in Q1

Central led the performance, with rents increasing by 1.9% QoQ.

Hong Kong real estate faces mixed outlook for 2025

Grade A office vacancies are expected to rise as new supply enters.

Grade A office market sees 3% QoQ rent decline in Q1

Demand shifted towards spaces under 4,000 sq. ft. NFA.

Four Tsuen Wan Industrial Centre floors for sale via public tender

The property has an estimated market value of $650m.

Hong Kong Tramways to raise fares starting 12 May

Passengers aged 12 or above will now pay $3.3 for a ride.

Government approves Northern Link Main Line railway scheme

The line will serve as the primary transport backbone for the Northern Metropolis.

18 strategic firms to establish HQs in Hong Kong

These firms span sectors such as advanced manufacturing and new energy technology.

Kwai Chung hotel up for sale for $1.38b via public tender

It has a gross floor area of 292,961 square feet.

Startup funding sinks 70.72% MoM in March

Year-on-year, funding fell by 17.53%.

Lands Department issues 6 pre-sale consents in Q1

Three developments are slated for completion next year.

Foreign currency reserves total $3,209.9b in March

This is a slight decrease from$3,236.3b in February.