The Hong Kong government issued the “Policy Statement 2.0” on Thursday for the Development of Digital Assets in the region. This policy statement builds upon the foundational measures outlined in the initial policy statement released in October 2022. The new policy aims to establish Hong Kong as a global hub for digital assets innovation, with
Hong Kong will start reviewing and approving drugs independently in phases next year, while the city’s regulatory agency is set to begin operation by the end of 2026, health authorities have announced, with more new medications expected to hit the local market. The Department of Health on Thursday revealed its plan to set up its
Hong Kong’s lived-in home prices posted a small gain for the second straight month in May, according to official data, fortifying hopes of a sustained recovery in the city’s property market. An official index measuring secondary home prices inched up by 0.03 per cent in May from a month earlier, the Rating and Valuation Department
Second policy statement on development of digital assets issued to scale Hong Kong to new heights of global digital asset leadership The Government today (June 26) issued the Policy Statement 2.0 on the Development of Digital Assets in Hong Kong, reinforcing its commitment to establishing Hong Kong as a global hub for innovation in the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of Hong Kong’s biggest property developers is in talks to refinance billions of dollars in bank loans following years of ambitious debt-fuelled expansion, adding to pressures in the Chinese territory’s struggling real estate market.
26th June 2025 – (Hong Kong) Hong Kong’s residential property prices continue to recover, with the Rating and Valuation Department reporting a slight increase in the private residential price index for May 2025. The index rose by 0.03% to 286.6 points, marking the second consecutive month of growth and a total increase of approximately 0.49%
High rise private residential buildings are seen in Hong Kong, China May 21, 2017. Picture taken May 21, 2017. REUTERS/Bobby Yip Low interest rates and an influx of capital have buoyed sentiment for residential real estate, where prices have fallen 30% since 2021. Yet developers like New World have a record 28,000 units of unsold
In this first of a two-part series, we look at the workings of the law and how ‘soft resistance’ signals a next phase, and more importantly, as the focus shifts squarely to the economy. A year after being arrested under Hong Kong’s domestic security law, former district councillor and theatre personality Katrina Chan Kim-kam has
