News
Grade A offices rent fell 16% QoQ in Q3
Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.
Grade A offices rent fell 16% QoQ in Q3
Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.
HK suspends poultry imports from Hungary, US due to H5N1 outbreak
This comes after a notification from respective organisations about the cases.
Gov't calls on businesses to use plastic alternatives as deadline nears
The regulation has driven a trend of waste reduction across sectors.
HK launches $3b Artificial Intelligence Subsidy Scheme
Eligible users may be subsidised up to 70% of the service list price.
DBS Hong Kong names Kuok Khoon Hua as independent non-exec director
The appointment is effective 7 October 2024.
Industrial leasing market weakens in Q3
Warehouse vacancy rates rose to 8.4%.
Mei Tin Road site in Tai Wai up for sale via tender
The site was later added to the land sale programme due to positive market responses.
Gov’t issues three pre-sale consents for residential developments in Q3
The developments will provide 213 residential units.
HKMC profit falls to $9m in 1H 2023
It is due to a decrease in property prices affecting the reverse mortgage business.
HKVAX obtains SFC Type 1, 7, and AMLO licences
These licences authorise HKVAX to operate as a regulated virtual asset trading platform in Hong Kong.
Ramp-and-dump suspect extradited to Hong Kong after Singapore arrest
The suspect will face a securities fraud charge.
Hong Kong boosts fintech growth
He held discussions with representatives from the financial regulators, fintech sector, academia, and research institutions.
HK launches $10m Signature Performing Arts Programme’ to support the arts
The selected programme must hold at least 15 stage performances in Hong Kong and attract at least 10,000 paid audience members.
ESR Group privatisation bid gains Qatar sovereign wealth fund’s backing
The wealth fund’s owned company holds 127.3 million shares in the ESR Group.
Giant pandas’ arrival underscores HK’s ‘unparalleled’ logistics, says Lam
The transport of An An and Ke Ke involved extensive planning and collaboration amongst multiple agencies.
Investigation launched into Anderson Road Development project
Inspections showed that six beams on the 29th floor of Tower 3 lacked the specified steel reinforcements.
HK property sales down 18.7% in September
It is also a 1.3% decline compared to the same month last year.
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