Bitcoin’s collapse has prompted some retail investors in Hong Kong to snap up the world’s largest cryptocurrency after its value fell by more than half from its peak. According to crypto asset data tracker CoinGecko, the price of bitcoin slumped to almost US$60,000 on Friday morning, Hong Kong time, less than half its historical high…
A Hong Kong office unit at Admiralty Centre has changed hands for HK$292.17 million (US$37.46 million), making it the most expensive commercial property transaction registered on Tuesday, according to official records, in a deal that adds to tentative signs of stabilisation in the city’s battered real estate market. The office space, located in Tower 1…
McDonald’s flagship store in Hong Kong is close to claiming the crown as the busiest in the fast-food chain’s global network of more than 40,000 outlets, a capstone in a half-century of operating in the city. The 9,000 sq ft (836 square metre) Admiralty Centre store, which reopened for business last month after a three-week…