Prince Harry and Meghan Markle will leave Montecito for the foreseeable future and return to the United Kingdom this fall, per the Associated Press. They purchased a $16 million, 14,500-square-foot, nine-bedroom home in Montecito in 2020. They plan to retain ownership of their Montecito home, per the AP. Photos of the home have appeared periodically…
Hong Kong Ferry (Holdings) went into this earnings release with the stock roughly flat over the month and down over the past quarter, even as its trailing P/E sat well below both the Hong Kong real estate industry and peer averages. The headline this time is margin power. Over the last 12 months the company…
A rare Hong Kong government incentive for developers will help revive old neighbourhoods such as Sham Shui Po, where more redevelopment projects have stalled amid a sluggish property market, analysts have said. They said on Thursday that the bonus plot ratio pilot scheme, due to launch next month, would provide private developers with a financial…
From arrests linked to the Hong Kong operations of beauty chain Opatra London to a surge in online complaints against other skincare brands, high-pressure sales tactics remain widespread and continue to take a toll on consumers. Why do such malpractices remain widespread despite the city’s Trade Descriptions Ordinance, which criminalises aggressive commercial practices that significantly…
A domestic helper has been arrested in Hong Kong on suspicion of child neglect after a 23-month-old girl in her care suffered second-degree burns to her hands, according to the child’s mother. Police said on Thursday that a foreign woman, 30, had been arrested the previous day after a man reported that his daughter had…
Hong Kong Aircraft Engineering Company (Haeco) has signed a memorandum of understanding with the country’s largest independent aircraft lessor to set up a maintenance centre in the city, forging what authorities described as a “powerful alliance” between industry giants. The Transport and Logistics Bureau on Thursday revealed that Haeco, a sister company of flag carrier…
At least one top executive of the Hong Kong operator of UK-based beauty chain Opatra London has resigned, it emerged on Thursday, after customs officers arrested two of the company’s managers over alleged coercive and misleading sales practices. Meanwhile, the Lux Boutique outlet at Harbour City in Tsim Sha Tsui, which is operated by the…
Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), during the Asian Financial Forum in Hong Kong, China, on Tuesday, Jan. 27, 2026. The forum runs through today. Photographer: Lam Yik/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hong Kong’s IPO pipeline is supported by companies beyond the ‘fashionable’…
Hong Kong’s jobless rate has remained unchanged since the start of the year, new figures show, although the labour chief has warned of rising pressure on unemployment as fresh graduates enter the workforce. The Census and Statistics Department said on Thursday that the seasonally adjusted unemployment rate stood at 3.7 per cent for the May-to-July…
On a recent weekday morning, the Repulse Bay post office, in one of Hong Kong’s most affluent coastal neighbourhoods, stood almost empty. In an hour, only five customers walked through the door, with two staff members serving them. One of them was Dicky Lo, who had sent a parcel to Europe, citing the service’s reasonable…