Rain Zhao Runtong
Japanese drugstore chain takes first step in overseas expansion in Hong Kong
Japanese drugstore chain takes first step in overseas expansion in Hong Kong
Using the city as skirmish entering Asia market.
Sophia Chong to step up as HKTDC executive director in October
Leading SMEs continue to develop globally.
Adidas relocates Greater China office to Hongkong Land’s Westbund Central
The 348,750 sq. ft. office occupies across 18 floors will hand over by Q1 2026.
Hong Kong startup funding surges 9,033% MoM in July
Late-stage funding (70.8%) held the largest share.
Full-floor industrial property in Kwai Chung for sale at $130m
Gross floor area of 33,555 sq. ft. supports modern operational demands.
Residential building in Tuen Mun nears tender closing
The 47,017 sq. ft. site will no longer display after 8 August.
Property sales dip 0.8% MoM in July
A total of 7,271 sale and purchase agreements for all building units were recorded in July.
Cathay Pacific brings back direct flight to Brussels
Four return flights will be open per week by A350-900.
Four HK companies make it to Forbes ‘Best Under A Billion' list
Numbers of top-performing small and mid-sized listed companies in the city remain unchanged.
Buyers turn to private homes as premiums decline
Subsidised sale flats may still hinder recovery.Buyers are increasingly turning to the private residential market as the price premium of private homes over Subsidised Sale Flats (SSFs) continues to narrow, according to JLL's latest Hong Kong Residential Sales Market Dynamics."As private home prices continue to soften, the shrinking premium of private flats over SSFs has prompted more buyers to enter the private market directly. This trend is evident across multiple districts,” said Norry Lee, Senior Director of Projects Strategy and Consultancy Department at JLL. “For example, in Kai Tak, the price premium of private flats over SSFs dropped by 19.2% year-on-year to HKD 9,020 per sq ft in 2025. The decline was even sharper in Kwun Tong, where the premium dropped 29% to HKD 7,585 per sq ft." According to the Hong Kong Housing Authority, the Home Ownership Scheme received approximately 106,000 applications in 2024, with an oversubscription rate of 14 times, the lowest since the scheme relaunched in 2014.
MoU promoting globalisation of clinical trial signed
The MoU will implement the first multi-centre clinical trial project.
Gov’t OKs CMHK offer in planned HKBN acquisition
Communication Authority has accepted relevant commitment.
Global fashion group brings athleisure into Hong Kong
The brand is targeting young consumers.
Hong Kong Express adds Guiyang to flight route
It is the first local airline to operate direct flights to the provincial capital of Guizhou.
Consultancy agreement for cross-border railway awarded
The deal is for the development of a 7.3-kilometre rail connecting Hung Shui Kiu to border.
HKT profit climbs 4% to $2.07b in H1
Revenue grew by 4% to $17.322b.
Shoucheng Holdings buys back 20.65M shares
Confident in short-term valuations due to potential returns in robotics and medical technology.
Commentary
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