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Posted on 02/08/2024

Hong Kong showing strong MICE rebound with over 60 world-class events secured

Notable events include the return of ACM SIGGRAPH Asia in 2025, SmartCon 2024, Consensus Hong Kong 2025, Super Terminal Expo 2024, Routes World 2025, Airspace Asia Pacific 2025 & 2027, World Cancer ...

Posted on 02/08/2024

Top UBS Executive Iqbal Khan to Make Hong Kong His Home Base

UBS Group AG is set to relocate Iqbal Khan to Hong Kong as he takes on a dual role as leader of the bank’s Asia operations and co-head of wealth management globally.

Posted on 02/08/2024

Hong Kong appetite for dining out continues to fall, latest restaurant sector figures show

Restaurant sector sales receipts for second quarter of year show a 2.1 per cent drop in business to HK$26.9 billion.

Posted on 02/08/2024

Hong Kong’s end-June ‘negative equity’ home loans steady, but could rise if slump persists

The number of mortgage holders with negative equity fell 5.5 per cent to 30,288 at the end of June, from 32,073 at the end of March, according to HKMA data.

Posted on 02/08/2024

Chinese President’s letter to Hong Kong entrepreneurs seen as boost, ‘special care’ for city

Hong Kong’s economy is under pressure from a grinding slowdown in China, the city’s main trading partner and source of tourism. The former British colony’s real estate sector has also been hit by high ...

Posted on 02/08/2024

Wealthy Hong Kong families sell mansions at losses amid property market downturn

Rich families in Hong Kong are selling their villas, mansions and other properties, accepting losses of millions of dollars, to pay debt as the local property market struggles.

Posted on 02/08/2024

Hong Kong’s ‘glass king’ of Biel Crystal snaps up Peak mansions in HK$1.1 billion sale

Yeung and Lam like the Plantation Road area as they spent HK$2.8 billion in 2017 on a plot of land along Pollock’s Path, adjacent to their latest purchases.

Posted on 02/08/2024

Bringing tech workers to Hong Kong not an option, Vietnamese IT outsourcing firm says

NTQ Apac rules out importing its Vietnamese staff, backbone of its IT operation, because of high living costs and language barrier.

Posted on 02/08/2024

5 of the best things to do this weekend August 3-4 in Hong Kong, from cat expo to movies

There is plenty to do this weekend – feline fans can hit the Cat Expo in Wan Chai, MTR enthusiasts an exhibition in Wong Chuk Hang, and those looking to escape the heat an ice rink in Discovery Bay.

Posted on 02/08/2024

Hongkong Land net loss expands 150% amid weak sales of mainland China projects

Hongkong Land owns and manages more than 850,000 square metres (9.1 million sq ft) of prime office and luxury retail property in Asian cities including Hong Kong, Singapore, Beijing and Jakarta. It ...

Posted on 02/08/2024

Hong Kong’s Fencing Olympian Cheung returns home to rapturous cheers

HONG KONG, Aug 2 (Reuters) - Hong Kong's Cheung Ka-long's was greeted on Friday at the city's airport by hundreds of fans and journalists keen to get a glimpse of the gold medal winner who finished ...

Posted on 02/08/2024

Hong Kong officials issue 5,000 fire safety warnings after scanning 700 high-risk buildings

Hong Kong authorities have issued more than 5,000 fire safety warnings after inspecting around 700 high-risk old buildings that were identified after a deadly blaze broke out in an ageing residential ...

Posted on 02/08/2024

Xi’s Letter to Hong Kong Entrepreneurs Seen as Boost for City

(Bloomberg) -- President Xi Jinping called on Hong Kong entrepreneurs to boost China’s development in a letter the financial hub’s business community welcomed as a sign of encouragement. Most Read ...

Posted on 02/08/2024

Hong Kong police cut off 2 alleged phone fraud syndicates said to have scammed HK$26.5 million

Hong Kong police have cut off two alleged phone fraud syndicates said to have scammed people out of HK$26.5 million (US$3.4 million) and arrested 17 people. The force said on Thursday that 12 of those ...

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