Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester…
The only cinema in the Ma On Shan area has shut down, joining the wave of theatre closures in Hong Kong that began during the pandemic. Emperor Cinemas announced on Monday that its branch in MOSTown, a shopping centre in Ma On Shan, had ceased operations on the same day. No reason for the closure…
Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester…
A Hong Kong professional rugby player has been accused of molesting a patron at a bar and damaging a door bolt inside a police station while he was held in custody. Faizal Solomona Penesa, 33, on Friday appeared at Eastern Court for the first time over a count of indecent assault and another of criminal…
Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the…
Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the…
Hong Kong’s battered office sector showed cautious signs of life in 2025, supported by improved take-up in core districts and a slower pace of rental declines and –. while analysts said that trend was set to continue into 2026 – rents were unlikely to rise over the next six months. The coming year was expected…
Hong Kong welcomed nearly 660,000 mainland visitors over the New Year countdown and the following three-day holiday in China, a 72 per cent increase from the same period a year ago. Sector representatives said the surge boosted hotel businesses but brought limited benefits for retailers. Data released by the Immigration Department on Sunday showed 659,090…
A Hong Kong-based company sanctioned by the United States for alleged links to Venezuelan oil exports registered a fictitious address in the city, the Post has found, leaving a namesake eyewear firm anxious about repercussions. The Trump administration stepped up its pressure campaign against Venezuela’s oil exports earlier this week by sanctioning four companies based…
A long queue has formed outside a “lucky” Hong Kong Jockey Club betting branch in Central ahead of a much-anticipated HK$100 million (US$12.8 million) Mark Six jackpot on Saturday night. More than 100 residents were seen outside the betting shop on Stanley Street, widely known for selling first-prize-winning Mark Six tickets, with the queue stretching…