6 h. ago Hong Kong retail tycoon offers to privatise Dickson Concepts in US$141 million deal

Offer is 51 per cent higher than its pre-suspension market price and above the stock’s price at any point over the past 10 years.

Economics

66 h. ago Hong Kong retail rents have further to fall amid consumer spending dip

Leasing activity is strong as operators seize on bargain rents to upgrade, but shopping trends worry landlords, suppress investment.

Politics

3 d. ago Ant Group buys retail broker Bright Smart to set up ‘bridgehead’ in Hong Kong’s market

Ant Group agreed to pay HK$2.81 billion (US$362.2 million) for 50.55 per cent of Bright Smart Securities & Commodities Group.

Economics

6 d. ago Hong Kong retail slump claims another victim as Thai dessert shop deserts

After You Dessert Cafe to close its two shops as retail sector downturn puts further pressure on the weak retail property market.

Events

1 week ago Hong Kong retail property fund suffers 30% capital loss on 3 deals amid market gloom

Fund is raising cash to get ready for other buying opportunities amid market stress, founder Edwin Lee says.

Economics

1 week ago Hong Kong pharmacy joins Russell Street retail scene to capitalise on rent slump

Annual rent in Causeway Bay shopping district has declined 46 per cent on average between 2018 and 2024, according to Cushman & Wakefield.

Politics

2 w. ago Swire Properties bullish on mainland China despite tariff war’s pall

Hong Kong developer says it is on the hunt for retail investments in Shenzhen amid the ‘onshoring’ of consumption, CEO says.

Events

2 w. ago Weaker yuan boon for Hong Kong shoppers, but bane for city’s retail, analysts say

Beijing’s stimulus roll-out may also trigger more mainland consumption at the expense of Hong Kong’s retail, dining scene.

Politics

2 w. ago Weaker yuan boon for Hong Kong shoppers but bane of retail sector: analysts

Beijing’s stimulus roll-out may also trigger more mainland consumption at the expense of Hong Kong’s retail, dining scene.

Politics

2 w. ago Standard Chartered hosts SME seminar to explore new opportunities in supply chain diversification and digitalisation

[The content of this article has been produced by our advertising partner.] Standard Chartered Bank (Hong Kong) Limited (“Standard Chartered Hong Kong”) today hosted a seminar for small and medium-sized enterprises (“SMEs”) on “Embracing Global Dynamics through Supply Chain Diversification and Digitalisation”. The event brought together over 200 SMEs from Hong Kong and Mainland China to explore opportunities arising from the transformation of cross-border business and digitalisation. The opening ceremony of the seminar was officiated by Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered; Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority (HKMA); Stephen Man, Head of Wealth Management and Retail Banking, Standard Chartered Hong Kong; and Winne Tung, Head of SME Banking, Standard Chartered Hong Kong. Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, said, "Amidst uncertainties in the global trade market, Standard Cha...

Politics

3 w. ago Hong Kong’s office segment to see faster turnaround than retail sector: Morgan Stanley

‘We think the Hong Kong office market is not structurally impaired,’ Morgan Stanley’s Praveen Choudhary says.

Politics

4 w. ago Hong Kong retail sales drop for 12th straight month in February, down by 13%

Steep decline partly due to earlier arrival of Lunar New Year in January, government spokesman says.

Politics