News
Nano flats supply to surge 60% in the next two years: study
It will account for roughly 5% of the total new private housing supply in 2019.
Nano flats supply to surge 60% in the next two years: study
It will account for roughly 5% of the total new private housing supply in 2019.
Luxury retailers halt expansion plans as sales weaken
As a result, non-luxury retailers are moving on in core areas outside Central.
Grade-A office rents in Hong Kong Island up 1.2% in June
Tenants snapped up office spaces sized over 15,000 sqft.
Kai Tak site sold for $12.74b in cheapest land sale in three years
A joint venture led by Wheelock Properties and COLI bought the site.
Hong Kong trade deficit narrows to $244.2b for H1
Total trade exports and imports decreased by 3.6% and 4.5% in H1.
4,800 private flats completed in Q2
About 93,000 flats will be available in the next three to four years.
Hang Seng Bank adds forex functionality to AI-powered chatbot
Users can request data on current rates and detect nearby FX ATMs.
Skyrocketing rents hit Hong Kong retailers hard
Retailers are burdened by leasing costs as high as $20,864 annually.
Home sales crashed 44% to 4,627 in May amidst launch drought
A property at Mount Nicholson on the Peak changed hands for $916m.
Less Hong Kongers expecting home prices to rise
The number of respondents forecasting home prices to grow fell to 36% from 42%.
Inflation hits 3.3% in June
Surging pork prices drove inflation levels up.
Firms expect business situation to worsen in Q3: survey
Retail, accommodation and food services, and real estate sectors are bracing for the worse.
Cathay Pacific acquires Hong Kong Express Airways
HK Express will reportedly remain a low-cost carrier.
Jobless rate unchanged at 2.8% in Q2
About 1,600 workers joined the labour force.
Asian flight bookings to Hong Kong fell 5.4%
Recent protests deterred would-be visitors from other Asian markets.
Luxury apartment transactions fell by 24.8% in Q2
Residential demand may pull-back over the next three to six months.
Secondary listings by Mainland firms to weigh on liquidity
Large IPOs in the pipeline and reduced aggregate balance still make liquidity conditions volatile.
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