Hong Kong: the RVD price and rental indices, Land Registry volumes, primary sales, and the office and retail market.
Macau casino billionaire Lo Yuk Sui has sold a house at Royal Castle on Pik Sha Road in Hong Kong's Sai Kung area for HK$69.2 million (about S$12.3 million). The 210 sq m property includes four bedrooms, a garden, a swimming pool and a rooftop terrace, according to local newspaper Hong Kong 01. Leong purchased the house through a company in early 2012 for HK$68.8 million. After holding it for 14 years, she made a profit of HK$1.2 million. The house was first listed several years ago for HK$168 million. Leong is co-chairwoman and the largest individual shareholder of SJM Holdings, which operates five casinos in Macau. Forbes estimates her net worth at US$2 billion.
HSBC has bought HK$11 billion (US$1.4 billion) in loans from wholly owned subsidiary Hang Seng Bank to strengthen the unit's balance sheet amid property-related bad debts. The transfer, conducted on arm's length terms in the first half of the year, helped cut Hang Seng's impaired loan ratio to 4.6 p
CapitaLand Investment plans to acquire the 550-room Ibis Hong Kong Central & Sheung Wan hotel for about HKD2.3 billion and convert it into student accommodation. The deal is among HKD8.2 billion in hotel transactions this year, with many properties being repurposed as Hong Kong faces a shortage of o
Singapore-listed UOL, part of the Wee family's business empire, is in discussions to acquire the combined 100 per cent stake held by New World Development and the Abu Dhabi Investment Authority in the Hyatt Regency Hong Kong, Tsim Sha Tsui. The deal, valued at HK$382 million (S$66 million), would se
CK Asset Holdings has leased three floors totalling 51,762 sq ft to Susquehanna International Group in Cheung Kong Center II, pushing occupancy to about 70%. The deal adds to Hong Kong’s Central office rebound, with vacancy falling to 10% in August.
Hong Kong is demolishing villages, wetlands and farmland across an area roughly a third of its territory to build the Northern Metropolis, a US$28.6 billion high-tech hub. The project aims to house 2.5 million residents and create 650,000 jobs, but critics warn of severe environmental and social cos
Midland Realty expects Hong Kong’s residential property prices to grow 15% this year, driven by improving market sentiment and the possibility that local banks may not fully match US interest rate increases. First-hand transactions rebounded in August, and developers are expected to accelerate new p
Hong Kong Exchanges & Clearing, the Hong Kong Monetary Authority, the Dubai Financial Services Authority and Nasdaq Dubai have formed a strategic working group to deepen financial connectivity between the two regions. The group will focus on sustainable finance, Islamic finance, innovation, capital
Hong Kong's Buildings Department has filed 259 charges against two companies and four individuals over defective repair works at Wang Fuk Court in Tai Po, where a fire killed 168 people in November 2025. The charges include permitting the use of non-fire-retardant materials and failing to properly s
Gaw Capital Partners has obtained a HK$4.3 billion ($548.3 million) three-year loan refinancing backed by its Regent Hong Kong hotel in Tsim Sha Tsui. Lender commitments exceeded the target, with 13 lenders including nine banks joining during syndication.
Philippine fast food giant Jollibee Foods Corp plans to spin off and list its international operations on the Hong Kong Stock Exchange, reversing an earlier plan for a US listing. The group cited its existing presence in Asia and access to global investors as reasons for choosing Hong Kong.
China Merchants Commercial REIT has teamed up with a BentallGreenOak-backed fund to acquire The Quad, a 205-bed student hostel in Hung Hom, for HK$528.5 million, reflecting a 40 per cent discount from the original owner's total investment cost of HK$880 million. The deal marks the REIT's second stud
HKEX will allow short selling of Shein shares and launch weekly and monthly options and derivative warrants from the fast-fashion retailer's trading debut on 1 Sep. The exchange also notified warrant issuers they may list warrants on Shein shares when trading begins.
A joint bid led by JD.com, Sino Land and four mainland developers won a tender for an integrated residential and tech park project in Hong Kong's Northern Metropolis. The HK$16.8 billion development includes over 3,000 residential units and a tech park with 50,950 sqm of floor area.
Alibaba has officially rolled out its Wan3.0 AI video-generation model, capable of creating 30-second videos from documents and presentations. The launch follows a HK$10 billion share placement, the largest-ever primary follow-on offering by a Hong Kong-listed company, as the Chinese tech giant ramp
Fast-fashion retailer Shein began book building for a Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation of up to $26.81 billion. The company is offering 280 million shares at HK$47.60 to HK$49.50 each, with pricing set for 31 August and trading starting 1
The All Classes price index rose 0.3 per cent month on month to 323.2, its highest level in the past 12 months. Rental indices also reached 12-month peaks across all classes, with the All Classes rental index up 0.9 per cent month on month to 205.8.