Causeway Bay

New Business

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s…

Read More »
New Business

PapaHome to open second Hong Kong store as online-to-offline strategy pays off

PapaHome, a partnership between Chinese e-commerce platform Taobao and local home repair platform Papabo, will open a 40,000 sq ft…

Read More »
New Business

Hong Kong retailers cheer sales boom, but shop rental hikes may not follow any time soon

Ever since Hong Kong’s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether…

Read More »
New Business

Outlook clears for Hong Kong property market with rate cuts imminent, JPMorgan says

The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets…

Read More »
New Business

Uniqlo Hong Kong chooses upgrades over expansion as it aims to evolve with local needs

Uniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its footprint amid sluggish retail sales,…

Read More »
New Business

Futu opens flagship branch on retail high street to tap Hong Kong’s stock market bull run

Futu Holdings is expanding its footprint in Hong Kong with the opening of its first flagship store and inaugural Institutional…

Read More »
New Business

Why Hong Kong’s small stockbrokers are a dying breed despite a hot market

Close to 200 stockbrokers have closed their doors in Hong Kong since 2020, and industry players expect more to throw…

Read More »
New Business

New normal: why Hong Kong’s commercial property deep-freeze is here to stay

In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is…

Read More »
New Business

CLP Holdings sees growth potential in Tuen Mun industrial park as first-half profit falls

CLP Holdings, one of Hong Kong’s two power utility companies, said it saw growth opportunities in a proposed industrial park…

Read More »
New Business

McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

Read More »
Back to top button