News
HK implements advance flight info system to boost border control
A rollout phase will be implemented to allow over 100 operators to connect to the system.
HK implements advance flight info system to boost border control
A rollout phase will be implemented to allow over 100 operators to connect to the system.
Housing Bureau launches light housing aid scheme
It will provide allowances ranging from $1900 to $12,550.
MTR Corp. records low property cash since 2017
S&P expects property development cash inflows to reach $1.5b to $2b yearly.
Cash-rich investors gain leverage as Hong Kong property prices fall
Investors are snapping up properties at prices that are up to 69% lower than historical highs.
CSSA provides $500 subsidty to disabled employees
They will provide an additional $500 subsidy per month.
Housing Bureau, HA launch “well-being design” guide
The guide consists of eight booklets, covering eight well-being concepts.
Wharf Hotels rebrands Marco Polo Hotels
The change was to address the ‘bleisure’ trend.
Hong Kong’s insurance premiums climb 5.1% YoY in H1 2024
Both long-term and general business recorded YoY growths.
HK inks health emergencies pact with Mainland China, Macau
Under the cooperation, the three places will communicate about infectious diseases.
Hong Kong's REIT sector faces sharp valuation decline
Meanwhile, its average leverage ratio rose to 30.2% in 2023 from 27.8% in 2022.
Five industrial buildings in Sai Kung worth $950m for sale
The total site area is 129,526 sq ft whilst the gross floor area is approximately 383,579 sq ft.
Hong Kong fines WeChat Pay HK for legal breaches
WeChat Pay Hong Kong self-reported the case.
Cathay to buy back warrants from gov't for $1.5b
The group expects to repurchase the warrants for at least HK$1.5b.
JLL postpones public auction for Kwun Tong office building
A new date will be announced at a later time.
New World Development warns of $19b to $20b loss for FY 2024
The group cited asset impairments, losses, and higher interest rates for the decline.
Retail sales value drops 11.3% YoY in July
Retail sales volume also dropped 13.3% YoY.
SFC and HKEX modify listing rules for specialist tech firms and De-SPAC transactions
The modification will apply until 31 August 2027.
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