Author: OMN AI

Hong Kong’s prime office market showed signs of improvement in May as the overall vacancy rate fell to its lowest level in seven months. The decline was driven by growing demand in districts near Central, where premium office space has become increasingly limited. According to the latest market report from property consultancy JLL, the overall prime office vacancy rate dropped to 13.3 per cent at the end of May. This was down from 13.5 per cent recorded in April. The improvement comes as businesses continue to look for high-quality office space in key commercial areas. With premium offices in Central…

Hong Kong Chief Executive John Lee Ka-chiu has announced that a public consultation for the final policy address of his current term will begin on Monday. The consultation will also gather public opinions on the city’s first five-year development plan. Lee made the announcement on Thursday after meeting leaders from Hong Kong’s tertiary education sector. The discussions focused on the development plan and the future direction of the city. According to Lee, the consultation process will allow residents and stakeholders to share their views on important policy issues and long-term goals. The government plans to collect suggestions from different sectors…

Senior officials from the European Union and Hong Kong are in discussions to launch a new financial services dialogue aimed at strengthening cooperation in banking, investment, and sustainable finance. The move reflects growing interest from European companies in expanding their presence in Hong Kong’s emerging development zones. The proposal was highlighted by Harvey Rouse, the head of the European Union Office in Hong Kong, during remarks at the Greenway 2026 forum. He said both sides are exploring closer cooperation, particularly in areas linked to green finance and sustainable economic development. Rouse said that Hong Kong has become one of Asia’s…

Hong Kong is seeking a new Kai Tak Cruise Terminal operator with a broader and more visionary role, as the city prepares to reshape one of its key tourism gateways. Officials say the future operator must go beyond basic cruise ship handling and take on a larger role in developing tourism and visitor experiences. The comments were made by Secretary for Culture, Sports and Tourism Rosanna Law, who said the next operator must be “very visionary” in its approach. She emphasized that the role is no longer limited to managing cruise berthing services but must also support wider tourism development…

A two-month-old baby at the centre of a Hong Kong custody and welfare case has been taken to hospital after falling ill, according to his parents, who say the infant was at one point assessed for possible meningitis. The child, named Danny, was born to a couple currently involved in an ongoing custody dispute over their two children. The case has drawn public attention after earlier concerns were raised over the failure to register the baby’s birth in Hong Kong, which led to allegations of child neglect and subsequent arrest of the parents. The father, Tsang Wai-bong, said the baby…

A primary school in Hong Kong has attracted widespread attention after inviting students to watch a World Cup semi-final match on campus late at night. The unusual event has sparked excitement online, with many describing it as a rare and memorable experience for young fans. Chi Lin Buddhist Primary School in Tseung Kwan O issued a notice to parents explaining the plan. The school said it would host the viewing event during the early hours of July 15, allowing students to watch the semi-final together in a shared environment. The initiative is aimed at giving pupils a chance to experience…

Hong Kong leader Leung Chun-ying has said that Hong Kong is uniquely positioned within China to develop a financing model similar to that used by US space company SpaceX, arguing that the city’s financial system and professional services sector could support rapid growth in the emerging aerospace industry. Leung made the remarks while calling for Hong Kong to strengthen its role in China’s broader innovation strategy. He said the city should focus on developing expertise in areas such as aerospace financing, legal services, insurance, and technical consulting to support long-term industrial expansion. Leung, who serves as a vice-chairman of the…

Families in Hong Kong are increasingly choosing summer school programs in Asia instead of traditional destinations in Britain and North America, as rising airfare costs push overseas education plans out of reach for many households. Education consultants report a sharp drop in applications for UK-based summer schools this year. Demand has fallen by around 35 percent as parents respond to higher travel expenses and overall program costs. The trend reflects growing financial pressure on families who previously sent children abroad for short-term academic and cultural programs. Many are now reconsidering long-haul travel due to increased airline ticket prices and broader…

A taxi fleet in Hong Kong has ended its partnership with a driver after a safety incident in which passengers were dropped off in the middle of a busy road in Tsuen Wan. The decision came after a video of the incident circulated widely on social media. Authorities have also asked the operator to submit a report on what happened. The footage shows a taxi stopped on Castle Peak Road near Global Plaza. The vehicle is seen halting in a traffic lane while two passengers exit the car with luggage. Each passenger was carrying two suitcases. They then crossed two…

In recent months, prediction markets have gained growing attention in the online betting scene linked to Hong Kong. The trend is especially visible among young users who are exploring global platforms in search of quick profits and new ways to trade on real world events. When 25-year-old Jean Pierre started using Polymarket last year, he said his motivation was simple. He wanted to see if he could make easy money. He lives in Hong Kong and works as a freelance video creator. He said the platform gave him many different betting options linked to future outcomes. He is part of…