Major developers like CK Asset had lavished discounts since the start of the year, driving prices down by about 25 per cent from their September 2021 peak.
No delivery charges for purchases adding up to 99 yuan (HK$107) or more, with service beginning on August 1 and also covering Macau and Taiwan.
Derek Lai and Forrest Kam from Deloitte Touche Tohmatsu and Oliver Cheng from Deloitte Advisory have been appointed joint managers to handle day-to-day operations at the distressed insurer.
Eddie Yue Wai-man has been appointed for a second five-year term as the chief executive of the Hong Kong Monetary Authority, the city’s de facto central bank.
Deal, which would be ninth such pact Hong Kong has in place, also covers investment and intellectual property.
Hong Kong Shopping Festival is city’s first attempt to promote local brands on mainland Chinese e-commerce, social media platforms.
Hong Kong grocery chain 759 Store is freezing major investment plans and reviewing tenancy agreements after it booked an annual net loss of HK$29.8 million
Experts also urge authorities to restore market confidence following failed first land bid under Private Subsidised Sale Flat Pilot Scheme.
Tech start-up veterans underline missing elements for Hong Kong off the back of finance chief Paul Chan’s visit to US.
Wong’s comments represent the strongest pushback by one of the city’s most powerful lobby groups against the HKEX as it collects public feedback until August 16 on its proposal to improve corporate governance.
Lands Department rejects bid as tendered premium did not meet reserve price on Chai Wan site, the first of three under pilot scheme.
Digital Domain’s research and development centre in Hong Kong will focus on artificial intelligence-powered virtual humans and their application in service-oriented environments.
Events aimed at helping local companies understand how mainland consumers are using live streaming, instant retail and social commerce.
Asia sales of Louis Vuitton owner LVMH fell 13 per cent in the first half, while Chow Tai Fook’s plummeted 20 per cent in the second quarter.
War of discount tickets erupts as carriers go head-to-head on summer holiday sales for second consecutive day.
Company’s closure after scandal over its product’s origin casts spotlight on difference between ‘produced in Hong Kong’ and ‘Made in Hong Kong’.
Organiser says event turnout boosted by large number of mainland visitors, while some exhibitors lament sales drop of 5 per cent to 15 per cent.
Ticket prices do not include fuel charges and relevant taxes, with passengers required to travel on dates between August 18 and December 18.
Real estate consultant says government should increase proportion of private homes in housing supply as economy improves.
Lawyers call for review of city’s ‘outdated’ food safety laws and question loose enforcement for some in-house manufactured food items.
New Cambodian prime minister Hun Manet expected to introduce ‘aggressive’ preferential policies to boost business and diversify economy.