Census and Statistics Department

New Business

Hong Kong’s Tsim Sha Tsui holds ground as world’s fourth priciest shopping district

Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot…

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New Business

McDonald’s Hong Kong shops sell like hotcakes as two properties go for US$23.5 million

Two McDonald’s shops in Hong Kong were sold to the same buyer for HK$183 million (US$23.5 million) on Monday, marking…

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New Business

Hongkongers seek stable returns as longer lifespans reshape retirement needs: survey

Most Hongkongers prioritise stable returns for their long-term financial goals, as longer lifespans reshape retirement needs and create demand for…

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New Business

Wellcome, 7-Eleven operator DFI cuts staff amid Hong Kong retail malaise

DFI Retail Group is set to lay off staff, as the operator of Wellcome, Mannings and 7-Eleven adapts to shifting…

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New Business

Hong Kong’s Tsim Sha Tsui is world’s top high street, beating Madison Avenue, Bond Street

Hong Kong’s Tsim Sha Tsui district commanded the most expensive rental fees among the world’s retail markets last year, as…

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New Business

Exclusive | Hong Kong pharmacy joins Russell Street retail scene to capitalise on rent slump

A local pharmacy has emerged as the newest tenant on Russell Street in Causeway Bay, filling the space previously leased…

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New Business

Exclusive | Futu rents prime Causeway Bay address as online broker prepares for stock market bonanza

Futu Securities International (Hong Kong) has scooped up a prime retail space in Hong Kong’s Causeway Bay, according to market…

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New Business

Hong Kong landlords should brace for slashed retail rents in 2025: S&P Global

Retail rents in Hong Kong were expected to be hard-hit this year, as landlords were likely to slash prices to…

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