Rain Zhao Runtong

Hong Kong logistics rental softens in H1

Tenants’ adjustment and tariff risks dragged rental prices and activities.

HKMA fines three banks for violating anti-money laundering policies

HKMA ordered fines and formulation of remedial measures.The Hong Kong Monetary Authority (HKMA) has conducted disciplinary action against Indian Overseas Bank, Hong Kong Branch (IOBHK), Bank of Communications (Hong Kong) Limited (BCOM(HK)), and Bank of Communications Co., Ltd., Hong Kong Branch (BCOM) for violating the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) (AMLO) on 22 July.

New tax portals launched

This allows tax matters to be handled electronically.

Task force drafts proposed elderly-friendly building designs

Mandatory requirements for caring will be regulated in the first half of 2026.

Fast Charger Incentive Scheme to be launched on 25 July

Around 3,000 fast chargers are expected to be in service before the end of 2028.

Hong Kong inflation slows in June

Composite CPI continue to increase by 1.0% year-on-year.

Tender for industry sites in Yuen Long and Hung Shui Kiu cancelled

The government is taking a more pragmatic arrangements for the two industry sites.

Application for student hostel conversion begins

Streamlined application process and preferential area exemptions encourage stakeholders.

Hong Kong Airlines adds Xi’an to its route

It will open five return flights per week.

Gov't eyes simplified permitting process for car travel

Four amendments seek to facilitate and simplify arrangements for cross-border vehicles.

Women mentoring scheme begins

Over 80 female university students will be guided by 50 women leaders.

Leoch International Technology issues profit warning

Profit attributable to shareholders will likely decrease 60% to 80% year-on-year.

Hong Kong office performance declines sharply in Q2

Rental dropped by 7% year on year and is expected to continue.

Company registrations hit record 1.49 million

A total 1.49 million local and 15,509 non-local company registrations were recorded in Hong Kong.

Works on Oyster Bay Station project suspended

The BD and EMSD assured the upheavals did not affect the supporting structure and operational safety of the railway tracks.