Hong Kong Economy
Hong Kong's Land Registry reported 8,692 transactions across all property sectors last month, up 12.3% from March. Residential sales reached 7,368 units, the highest in two years. Total sales value rose sharply.
Imeripotiwa na AI
Hong Kong recorded 714,765 mainland Chinese visitors in the first three days of the Labour Day 'golden week' holiday from May 1 to 3, up 4.8% from last year. Total arrivals reached 854,929, slightly higher than 803,612 last year, though industry players noted uneven spending despite potential 90% hotel occupancy.
A French aeronautical services company planning Hong Kong’s first aircraft dismantling business has called for government support such as tax breaks while launching a training programme for local technicians. The Elior Group expressed optimism about securing land for operations by the third quarter of 2026.