News

Hong Kong GDP growth strengthens real estate demand

The city’s leasing and sales activity will see a noticeable recovery.

Hong Kong GDP growth strengthens real estate demand

The city’s leasing and sales activity will see a noticeable recovery.

How can Hong Kong narrow down its fiscal deficit

KPMG China projected Hong Kong’s deficit to reach $120.9b in 2022/23.

Hong Kong deficit could hit $120.9b in 2022/23: KPMG China

This is double the government’s estimates of $56.3b, KPMG China projected. 

HKEX to launch 3 new stock option classes

The new option classes will be available on 6 March.

HK Transport Department sets up 34 HKeToll service points

These consultation counters will assist vehicle owners in applying for HKeToll’s services.

Negative absorption seen in Grade A office market in January

JLL linked this to the Chinese New Year, traditionally a low season. 

Nearly 4 in 10 Hongkongers will give up best medical treatment due to higher cost

Critical or serious illnesses treatment is expected to be the costliest.

Around 3 in 10 Hongkongers prefer shopping online

Over half of the consumers in Indonesia and Thailand would rather buy online.

Hang Seng Bank’s profits down 27% to HK$10.16b in 2022

The bank has announced a fourth interim dividend of HK$2 per share.

Hong Kong launches consultation for virtual asset trading platforms

The SFC is seeking views on whether to allow license platform operators to serve retail investors.

Hong Kong welcomes anti-money laundering report

The report assessed the city’s anti-money laundering system as “compliant.”

Hong Kong strengthens copyright law

Amendments include new exceptions and a “safe harbour” regime.

2 new HKeToll service counters installed

These will help drivers and owners apply for the toll service.

Composite interest rate rises to 2.17% in January

It is because of increased weighted funding costs for deposits.

January HKIA cargo throughput down 26.4% YoY

Global economic uncertainties and factories’ holiday closures weighed it down.

New measures to enhance Hong Kong's food businesses

These include a new system for streamlining full licences and relaxed restrictions.