HSBC Bank will lease the Hong Kong Beijing Central Building, with the new rent expected to be 4 million Hong Kong dollars per month.

date
01/12/2025
According to the Hong Kong Economic Times, the iconic Jinghua Center in Causeway Bay has been leased by HSBC bank with a lease term from May 2026 to May 2031. The new monthly rent is expected to be 4 million Hong Kong dollars, which is about 70% lower than the peak rent of around 14 million Hong Kong dollars. The space is currently rented by the international brand CHANEL as a flagship store, but they have decided not to renew the lease after the 3-year contract expires. The space is located in Causeway Bay at 5-19 Jardine's Bazaar, Jinghua Center, from the ground floor to the 4th floor, totaling 5 floors with an area of over 50,000 square feet. HSBC bank has several branches in Causeway Bay, including Times Square Phase 2, Pennington Hotel, and the Premier Wealth Center above Hysan Place.