〈The Standard, July 5, 2025〉At a business luncheon co-hosted by Hong Kong’s GBA Development Office and the Brussels Economic and Trade Office, Ho highlighted the significant role of Hong Kong as a "super connector" and "super value-adder" in linking mainland China with global markets, particularly in sectors such as construction, information technology, and professional services.
The event was attended by 130 individuals, including representatives from 80 Portuguese companies and 17 Hong Kong firms.
Ho outlined Hong Kong’s ambitious housing strategy, which aims to deliver 308,000 public housing units over the next ten years.
〈Hong Kong Business, July 4, 2025〉The value of total retail sales in May 2025 is estimated at $31.3 billion, a 2.4% increase year-on-year(YoY) according to the Census and Statistics Department (C&SD).
The figure improved from the 2.3% YoY drop in April. For the first five months combined, the value of total retail sales decreased by 4% YoY.
Online sales accounted for 8.3% of the total retail sales value estimated at $2.6 billion in May, a 0.3% YoY increase and a rebound compared to the 3.7% YoY decrease in April. However, the total value of online retail sales for the five months in 2025 combined decreased by 1.7% YoY.
〈The Standard, July 3, 2025〉A waterfront hotel with full Victoria Harbour view, located at No. 218 Gloucester Road, between Causeway Bay and Wan Chai, is for sale on an “as-is” basis with vacant possession, said its sole agent CBRE.
The 30-storey building with a total gross area of 36,783 sq. ft., excluding 4/F, 14/F, and 24/F, has 55 rooms with some featuring 4.8-meter-high ceilings.
The Hotel has three rooms per floor spanning from 5/F to the 28/F, with standard floor plates ranging 1,370 sq. ft. to 1,410 sq. ft..
〈Hong Kong Business, July 2, 2025〉Emperor International Holdings has disclosed HK$16.6b in borrowings that are overdue or in breach of loan terms.
In its financial results for the year ended 31 March 2025, the Group reported a net loss of HK$4.84 billion. As of the same date, the company acknowledged that lenders may demand immediate repayment of the borrowings due to the breaches, prompting the reclassification of the debt as current liabilities.
The group said its directors have given “careful consideration” to its liquidity and financial performance and are actively working on a financial restructuring plan. It is currently in negotiations with banks to secure revised terms, leveraging what it described as a “robust asset base,” a strong track record, and longstanding banking relationships.
〈RTHK News, July 1, 2025〉A Kowloon West constituency lawmaker said he hopes more community living rooms can be set up in Sham Shui Po to serve low-income families.
Scott Leung's comments came a day after the launch of the Sham Shui Po East community living room, the third such facility in the district and seventh in Hong Kong overall.
The government expects the 3,600-square-foot facility to serve at least 500 families living in subdivided units and attract 80,000 visits annually.
So far, 250 households have registered to use the facility.
