1 week ago Morgan Stanley lifts Hong Kong property to ‘attractive’, with rebound to extend into 2027

Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. “We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –...

Politics

1 week ago The ‘biology winter’ thaws: why investors are piling into Hong Kong’s biotech IPOs

Hong Kong’s biotech fundraising momentum is expect to extend into 2026, as licensing deals and strong post-initial public offering (IPO) trading last year persuaded investors that China’s drug developers are worth backing again – even before they generate revenue. “Chinese innovation drugs expanding into overseas markets have become the industry mainstream, indicating the domestic innovation sector has entered its harvest phase,” said Felix Huang, head of equity at Oakwise Capital. “New trends...

Economics

3 w. ago Hong Kong to extend Lo Wu and Shenzhen Bay checkpoint hours on New Year’s Eve

Hong Kong authorities will extend the operating hours of Lo Wu and Shenzhen Bay checkpoints while stepping up public transport to manage cross-border passenger flow after the countdown next Wednesday. Under special holiday arrangements, the Lo Wu checkpoint will remain open from New Year’s Eve until 2am the next day, while passenger and vehicle checkpoints at Shenzhen Bay will operate overnight, according to a government spokesman. “The government will closely monitor the situation and take...

Politics

3 w. ago Hong Kong to extend Lo Wu and Shenzhen Bay checkpoint hours for New Year’s Eve

Hong Kong authorities will extend the operating hours of Lo Wu and Shenzhen Bay checkpoints while stepping up public transport to manage cross-border passenger flow after the New Year countdown next week. Under special holiday arrangements, the Lo Wu checkpoint will remain open from New Year’s Eve until 2am the next day, while passenger and vehicle checkpoints at Shenzhen Bay will operate overnight, according to a government spokesman. “The government will closely monitor the situation and take...

Politics

3 w. ago After missing Epstein files deadline, Trump admin says it may need ‘few more weeks’

The US Justice Department said Wednesday that it may need a “few more weeks” to release all of its records on the late sex offender Jeffrey Epstein after suddenly discovering more than a million potentially relevant documents, further delaying compliance with last Friday’s congressionally mandated deadline. The Christmas Eve announcement came hours after a dozen US senators called on the Justice Department’s watchdog to examine its failure to meet the deadline. The group, 11 Democrats and a...

Events

3 w. ago Trump’s Justice Department says may have found a million more Epstein documents

The US Justice Department said Wednesday that it may need a “few more weeks” to release all of its records on the late sex offender Jeffrey Epstein after suddenly discovering more than a million potentially relevant documents, further delaying compliance with last Friday’s congressionally mandated deadline. The Christmas Eve announcement came hours after a dozen US senators called on the Justice Department’s watchdog to examine its failure to meet the deadline. The group, 11 Democrats and a...

Politics

3 w. ago Soft rock duo Air Supply to headline Hong Kong’s New Year countdown celebrations

Australian soft rock duo Air Supply will headline Hong Kong’s New Year countdown after the fireworks show was cancelled, with authorities expecting more than 11 million travellers to cross the city’s borders during the festive period. The government also said on Tuesday that they were in discussions with the Shenzhen government to extend border crossing hours on New Year’s Eve, pending approval from the national port authorities. The Hong Kong Tourism Board announced on Tuesday that Air Supply...

Politics