JPMorgan Chase has committed to leasing about 250,000 sq ft of space in the new Sun Hung Kai Properties (SHKP) office towers in Hong Kong’s West Kowloon district for 10 years, making the US investment bank the anchor tenant of the 700,000 sq ft mixed-use development, the Hong Kong-listed developer said on Friday. Artist Square…
District councillors representing Hong Kong’s outlying islands have opposed a plan to raise selected ferry fares by up to 12.8 per cent, arguing that it will discourage the elderly from travelling and harm the local economy. Members of Islands District Council on Tuesday all raised concerns that another fare increase could be sought in response…
Hong Kong authorities have arrested 20 people, including domestic helpers suspected of unlawfully providing services such as massages and manicures, in a crackdown on illegal labour. The Immigration Department said that it conducted a three-day operation across the city between Sunday and Tuesday, searching 19 target locations, including restaurants, care homes, hotels, commercial and industrial…
A Hong Kong woman who made tabloid headlines for her repeated brushes with the law and prominent family name has been found dead in her home, the South China Morning Post has learned. A source told SCMP on Saturday that a 90-year-old woman surnamed Bokhary had reported to police the day before that her daughter…
Hong Kong transport authorities have proposed adjusting single-journey fares for six ferry routes from April 1, marking the first time in nearly three years, with some fares to rise by 12.5 per cent, while certain high-speed journeys will become cheaper. In a document submitted to the Islands District Council, the Transport Department said its fare…
A domestic helper has been jailed for 27 months for failing to secure her car on a slope in a Hong Kong nightlife district, leading to the death of a French woman and injuring seven others. Deputy District Judge Timothy Harry Casewell found Magsino Reshielle Lagurin, 48, guilty of causing death by dangerous driving and…
A British woman has been convicted of blackmailing a compatriot for a £100,000 (US$134,030) payout after accusing him of rape and threatening to report him to Hong Kong police. Isabel Anonia Barbra Eudora Rose, 25, turned from an alleged rape victim into a defendant standing trial at the District Court in Wan Chai for blackmailing…
Hong Kong’s struggling office landlords are ramping up efforts to convert their assets into co-working spaces and student accommodation in a bid to adapt to intense competition and the flight to quality, according to analysts. With some 3.5 million sq ft of new premium office space expected to be completed this year and next, on…
A brand new light show to replace Hong Kong’s 22-year-old “A Symphony of the Lights” will be launched in various tourist spots such as The Peak as early as the second half of this year, the city’s tourism minister has said. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui also said on Friday that…
The value of collateral assets used by banks for commercial property loans is expected to continue declining in 2026, according to S&P Global Ratings, as the sector has yet to find a clear bottom. “More collateral pain is likely this year for Hong Kong banks,” the credit rating agency said in a report published on…