Hong Kong hotels see rising occupancy but lower rates as tourists spend cautiously

Hong Kong hotels see rising occupancy but lower rates as tourists spend cautiously | News

Despite substantial visitor numbers, Hong Kong’s hotel sector has been characterized by improving occupancy but falling average rates, as most overnight visitors adopt a more conservative approach to spending, according to Colliers. This impacted performance across hotel categories and proved a challenge for the retail and food and beverage sectors in the first quarter. While…

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China forms new global mediation body in Hong Kong – DW – 05/30/2025

China forms new global mediation body in Hong Kong – DW – 05/30/2025

China on Friday signed a convention forming a global mediation-based dispute resolution organization in Hong Kong, seeking to grow it in status similar to bodies such as the International Court of Justice (ICJ). More than 30 countries backed the Convention on the Establishment of the International Organization for Mediation in Hong Kong, including Laos, Cambodia, Serbia, Papua New…

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Hong Kong Boosts Aviation Network Across Mainland China Through HK Express’ Launch Of Direct Tri-Weekly Flights To Yiwu

Hong Kong Boosts Aviation Network Across Mainland China Through HK Express’ Launch Of Direct Tri-Weekly Flights To Yiwu

Home » TOURISM NEWS » Hong Kong Boosts Aviation Network Across Mainland China Through HK Express’ Launch Of Direct Tri-Weekly Flights To Yiwu Friday, May 30, 2025 Hong Kong is strategically strengthening its aviation ties with Mainland China by launching new direct tri-weekly flights to Yiwu through its low-cost carrier HK Express. This…

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Hong Kong to offer incentives for catastrophe bond issuers, investors as it eyes hub status

Hong Kong to offer incentives for catastrophe bond issuers, investors as it eyes hub status

The Hong Kong government will offer incentives to attract more issuers and investors to participate in catastrophe bonds in the city to help address growing climate risks. “Hong Kong is the best investment hub for catastrophe bonds because we have capital, financial infrastructure and all the professionals and brokers needed to support the issuance of…

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Hong Kong pro-democracy and gay rights activist Jimmy Sham released after 4 years in prison

Hong Kong pro-democracy and gay rights activist Jimmy Sham released after 4 years in prison

HONG KONG — Hong Kong’s prominent pro-democracy and LGBTQ+ activist Jimmy Sham was released from prison on Friday after serving over four years in the city’s biggest national security case under a Beijing-imposed law. Sham’s activism made headlines during 2019 anti-government protests, when he was the convenor of a now-disbanded pro-democracy group that organized some…

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Hong Kong Debuts Islamic Bond ETF

Hong Kong Debuts Islamic Bond ETF

Hong Kong Debuts Islamic Bond ETF As part of ongoing efforts to strengthen Middle Eastern links, Hong Kong has launched its first-ever Islamic bond ETF. Hong Kong has listed its first-ever Islamic bond – also known as sukuk – exchange-traded fund (ETF), according to a statement by the Securities and Futures Commission (SFC).  «Strengthening collaboration…

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