JPMorgan Chase & Co. will be the anchor tenant of an upcoming office project in Hong Kong’s West Kowloon area, marking one of the city’s largest leasing deals amid a prolonged downturn in the commercial market. The US bank will occupy about 250,000 square feet (23,000 square meters) of space across six connected floors in Artist Square Towers, landlord Sun Hung Kai Properties Ltd. said in a statem...
JPMorgan Chase & Co. will be the anchor tenant of an upcoming office project in Hong Kong’s West Kowloon area, marking one of the city’s largest leasing deals amid a prolonged downturn in the commercial market. The US bank will occupy about 250,000 square feet (23,000 square meters) of space across six connected floors in Artist Square Towers, landlord Sun Hung Kai Properties Ltd. said in a statement on Friday. The development, located near the high-speed train station linking Hong Kong to mainland China, is scheduled for completion in 2027. The project comprises three harborfront blocks with a total of about 672,000 square feet of office space. JPMorgan will take the top six floors in two of the three towers. The bank will continue to maintain its “strong presence” in Central, according to an internal note seen by Bloomberg News. JPMorgan will move its Kowloon office to the new premises in the latter part of 2028, the note said. A spokesperson for the firm confirmed the contents of the memo. Hedge funds, wealth managers and private banks have helped drive a pickup in demand for prime office space in recent months. However, Hong Kong’s broader office market remains under pressure, with near record-high vacancy rates and declining rents. CBRE Group Inc. expects office rents to decline by as much as 3% this year, after falling 2.9% in 2025. Earlier this year, Point72 Asset Management agreed to lease additional space for its new office in The Henderson, a recently opened skyscraper in Central.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Researchers in Hong Kong have developed a noninvasive brain-computer interface that uses ultrasound to treat Parkinson’s disease and other neurological conditions, potentially bypassing the need for risky surgical implants. Parkinson’s disease is the world’s second most common neurodegenerative disorder, and its prevalence is rising globally due to aging populations and environmental factors. Curr...
Researchers in Hong Kong have developed a noninvasive brain-computer interface that uses ultrasound to treat Parkinson’s disease and other neurological conditions, potentially bypassing the need for risky surgical implants. Parkinson’s disease is the world’s second most common neurodegenerative disorder, and its prevalence is rising globally due to aging populations and environmental factors. Currently incurable, the disease relies on drugs and surgery to merely manage symptoms. The new “all-acoustic” system developed by a research team at the Hong Kong Polytechnic University modulates neural circuits using ultrasound waves — offering a novel avenue for treating Parkinson’s, depression and sleep disorders.