Hong Kong

Hong Kong luxury house prices down 1.5%: Knight Frank

Unsold inventory from new projects placed pressure on the market.

Hong Kong luxury house prices down 1.5%: Knight Frank

Unsold inventory from new projects placed pressure on the market.

Five industrial buildings on sale for $1.4b: CBRE

Properties are planned to be developed into elderly homes.

Fidelity’s SmartRetire App 4.0+ recognised with the prestigious HKB Technology Excellence Awards

With major upgrades, this innovative App provides clients a seamless one-stop platform to manage their accounts with Fidelity without any hassle.

Properties in Quarry Bay sold via public auction

The properties are located on Pan Hoi Street and King’s Road.

StanChart HK inks MOU to promote business, dev’t between HK and Dubai

This include promoting the growth of family offices, fintechs, and virtual asset industries.

AI-startup Fourth Paradigm plans to list on HKEX

The company’s cornerstone investors have subscribed to shares worth about US$96.8m.

Hang Seng names new head of commercial banking

She will take over Donald Lam beginning 14 October.

No new Earn orders amid HK investigation: JPEX

JPEX said third-party vendors are limiting their liquidity.

SFC warns public versus virtual asset trading platform JPEX

No entity in the JPEX Group is licenced by the SFC.

Limited supply hamper growth in HK’s super-prime market

The number of super prime homes sold in HK dropped from 67 to 42 in 2Q23.

HK, Dubai ink financial services partnership

The two markets will support the development of family office hubs, amongst others.

Four pairs of six-storey tenement buildings collectively sold for $697m

The property was acquired by the top bidder Ever Great Development Limited.

HK investors favour retail properties

There were more larger sum of transactions generated in August 2023.

HK, Mainland boost medical cooperation

Health Secretary Lo put forward HK’s efforts on medical innovation amongst others.

2 factors exacerbating the labour shortage in HK's transport and logistics sector

The job vacancy rate in the sectors has become 2.4x higher than pre-COVID.

Super Typhoon Soala to dampen reinsurance renewals in Hong Kong

Effective risk management is expected to minimise insurance losses.