Key highlights include:
- Hongkong Land originates a groundbreaking closed-loop circular economy initiative in partnership with Gammon Construction and The Hong Kong Polytechnic University, transforming glass waste into sustainable building materials.
- Showcasing a successful commercial-academic partnership, driving innovation in sustainable construction solutions and setting new environmental standards for Hong Kong's construction sector.
- Demonstrating a scalable waste management solution for the industry that creates economic incentives for waste material recovery.
HONG KONG SAR - Media OutReach Newswire - 23 October 2025 - Hongkong Land has become the first developer in Hong Kong to introduce a pioneering solution for recycling tempered glass and laminated glass waste from shopfront and curtain wall buildings, a long-standing challenge in the construction and property sectors. This milestone was made possible through a three-way collaboration with The Hong Kong Polytechnic University (PolyU), and Gammon Construction.
Photo:Hongkong Land pioneers Hong Kong's first tempered and laminated glass recycling solution at Tomorrow’s CENTRAL
This innovation exemplifies a true closed-loop circular economy within the Tomorrow's CENTRAL project by converting demolished tempered and laminated glass into partition blocks and low-carbon cement alternatives, which is targeted to be reused within the project itself, maximising resource efficiency whilst minimising environmental impact.
This step forward is essential for achieving Tomorrow's CENTRAL's 75% waste diversion goal, in full alignment with LEED and BEAM Plus sustainability standards. By advancing this target, it also tackles a pressing environmental challenge in Hong Kong, where landfill sites are projected to reach capacity by 2026, making waste diversion an urgent priority.
Michael Smith, CEO of Hongkong Land, said: "Tomorrow's CENTRAL represents a visionary step in sustainable innovation amid a global and local waste issue that requires immediate attention. At Hongkong Land, we're committed to building a circular economy – one where waste is not a burden but a resource. This project advances the future of climate-resilient construction by delivering scalable, replicable models sure to shape construction practices in Hong Kong and beyond."
Kevin O'Brien, Chief Executive, Gammon Construction, said: "At Gammon, we believe sustainability must be embedded from the earliest stages of construction. As the main contractor for Tomorrow's CENTRAL, we are proud to support Hongkong Land's bold vision by identifying and implementing circular solutions for demolition materials. By connecting with PolyU in this project, this commercial-academic partnership not only demonstrates how innovation and collaboration can drive meaningful industry-wide change, but also powerfully reflects the spirit of our sustainability strategy, 'United Ambitions'."
Prof. Chi Sun Poon, Distinguished Research Professor and Director of the Research Centre for Resources Engineering towards Carbon Neutrality (RCRE) at The Hong Kong Polytechnic University, said: "Our research team is proud to be part of this groundbreaking initiative, which will transform how tempered and laminated glass waste is handled. This technology is set to make a far-reaching impact on Hong Kong's construction industry and beyond, and we are thankful for Hongkong Land's commitment and vision in sustainability."
Creating a circular economy that transforms waste into resources
The project comes at a crucial time for the construction industry, which places a serious burden on the environment. Globally, construction consumes more than 30% of the world's natural resources and generates over 30% of global waste, and in Hong Kong, construction and demolition waste accounts for roughly 20% of landfill intake.
This context shaped Tomorrow's CENTRAL, announced in June 2024 as Hongkong Land's bold three-year plan to expand and upgrade its LANDMARK retail portfolio. The plan includes extensive façade upgrades, retail reconfigurations, office lift lobby relocations, and the addition of new exit staircases. Sustainability has been a core principle from the start of the project, driving forward-thinking solutions during a comprehensive pre-construction phase that began in 2023.
During this phase, a pre-construction study by Gammon revealed over 50 tonnes of shopfronts, façades, and curtain walls glass slated for demolition, with no viable recycling solution in Hong Kong. Tempered and laminated glass, extensively used in curtain walls and cladding of the city's high-rise buildings, are particularly challenging materials that traditionally end up in landfill when demolished.
Recognising the significant challenge this posed for waste diversion, Hongkong Land partnered with industry and academic leaders, Gammon Construction and PolyU, to spearhead a groundbreaking system: recycling tempered and laminated glass into low-carbon concrete partition blocks that meet Buildings Department standards - a first for Hong Kong.
Leading the charge in sustainable construction
Under Hongkong Land's 2030 sustainability framework, the Group aims to divert 50% of commercial waste and 60% of construction waste by 2030, a considerable step toward reducing environmental impact. Achieving these targets requires a fully integrated approach across the entire value chain, with 100% of suppliers operating in line with the Group's Sustainable Procurement Policy and Supplier Code of Conduct.
Tomorrow's CENTRAL represents a major milestone, setting a benchmark for sustainable addition and alteration projects in Hong Kong. This is particularly significant given the city's aging building stock. With thousands of structures over 50 years old, Hong Kong's urban landscape is continuously undergoing modernisation. The project demonstrates how technologies such as tempered and laminated glass recycling can provide scalable waste management solutions for the industry. This approach makes refurbishment far more sustainable by reducing landfill pressure, reducing natural resource extraction and creating economic incentives for waste material recovery.
Adoption of tempered and laminated glass recycling is targeted for 2026, following research completion across Hongkong Land's portfolio and Gammon's projects. PolyU will publish the findings, creating global reference material to guide future applications and accelerate industry-wide change.
Hashtag: #HongkongLand
The issuer is solely responsible for the content of this announcement.
Hongkong Land
Hongkong Land is a major listed property investment, management and development group. Founded in 1889, it is a market leader in the development of experience-led city centres that unlock value for generations by combining innovation, placemaking, exceptional hospitality and sustainability.
The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry-leading green building certifications and attract the world's foremost companies and luxury brands.
The Group's Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. LANDMARK, the luxury shopping destination of the Hong Kong Central portfolio, is undergoing a three-year, US$1 billion expansion and upgrade, which aims to reinforce the portfolio as a world-class destination for luxury, retail, lifestyle and business. The Group has a further 165,000 sq. m. of prestigious office space in Singapore, mainly held through joint ventures, and a portfolio of retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing.
In Shanghai, the Group owns a 43% interest in a 1.7 million sq. m. mixed-use project in West Bund. Due to complete in 2028, it will comprise Grade A offices, luxury and retail space, high-end waterfront residential apartments, hotels and convention and cultural facilities. Alongside LANDMARK, it forms part of the Group's CENTRAL Series of globally-recognised destinations for luxury and lifestyle experiences.
Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson Group.
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Hong Kong Daily Mood Index Stands at 54.5; Over 80% of Respondents Report a Positive Impact of Fragrance on Mood
HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - Eternal Beauty Holdings Limited (the "Group"; Stock Code: 6883.HK) today released "Scent, Emotion and Lifestyle: 2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper" (the "White Paper") at the 29th edition of Cosmoprof Asia. An online survey conducted by Eternal Beauty Holdings in September recorded a Hong Kong Daily Mood Index of 54.5, with respondents scoring relatively higher on positive mood and lower on energy and rest. Over 80% of respondents reported that fragrance had a positive impact on their everyday mood. Alongside the launch, the Group presented its "Scent of Happiness" campaign, exploring the connections between fragrance, self-care and emotional well-being through the Scent & Mood Relax Hub and a panel discussion. Through initiatives delivered in partnership with its collaborators, the Group also supports emotional well-being and extends its commitment to care into the community.
Eternal Beauty Holdings Releases the "2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper"
The panel featured speakers from diverse fields, including Ms. Laurinda Ho, Founder of Smile With Us HK; Mr. William Lam, Clinical Advisor to the Mind HK Tai Po Mental Health Support Programme; and Mr. Chris Chu, CRM & Partnership Manager at Eternal Group. Moderated by Mr. Matt Chung, Curator and Cultural Commentator, the discussion explored different perspectives on fragrance's role in daily life and offered practical self-care advice. The report also provides practical guidance for local retailers and fragrance brand owners on integrating scent and technology into retail spaces to enhance the customer experience, reflecting Eternal Group's commitment to building and leading the fragrance industry ecosystem.
Community initiatives under the "Scent of Happiness" campaign include three community events co-organised with Smile With Us HK for children, families and older adults; sponsorship of 80 sessions of iACT mental health support provided by Mind HK; and three relaxation and sensory sessions featuring neuroVIZR's synchronised light-and-sound experience. Through these initiatives, the Group supports emotional well-being in the community, demonstrating its commitment to corporate social responsibility.
Ms. Wendy Lau, Executive Director of Eternal Beauty Holdings Limited, said in her opening remarks: "Fragrance is more than a sensory experience—it expresses how we choose to live. Three years of White Paper research have shown that fragrance has become part of Hong Kong consumers' daily routines. As a leader in the fragrance industry, we combine consumer insights, innovative technology and community partnerships through our 'Scent of Happiness' campaign, translating our commitment to self-care and emotional well-being into concrete action and creating long-term value for the industry and society."
Positive Mood Scores Highest, While Rest and Vitality Are Relatively Lower
The survey explored respondents' positive feelings and experiences over the preceding two weeks using five indicators, each scored out of 100. "Cheerful and in good spirits" scored highest at 58.4, followed by "Calm and relaxed" at 55.9 and "Everyday life is interesting or fulfilling" at 55.2. Scores for "Active and energetic" and "Refreshed and well rested" were relatively lower, at 52.7 and 50.4 respectively.
The eight-point gap between "Cheerful and in good spirits" and "Refreshed and well rested" was the largest among the five indicators, suggesting stronger positive emotional experiences relative to rest and energy levels.
Over 80% Report a Positive Impact of Fragrance on Mood; Usage Frequency Is Associated with the Daily Mood Index
The survey found that 81.3% of respondents reported a positive impact of fragrance on their everyday mood: 28.4% reported a very positive influence and 52.9% a slightly positive influence.
In terms of usage frequency, 71.7% of respondents used fragrance several times a week or more, while 46.5% used it almost every day. Frequent users recorded a Daily Mood Index of 55.8, compared with 51.1 among other respondents—a 4.7-point difference indicating an association between fragrance usage frequency and the Daily Mood Index.
By demographic group, frequent-use rates were 73.9% among women and 62.5% among men. Rates exceeded 70% across all age groups from 25 to 54, reaching 76.1% among those aged 45–54. Among respondents with a personal monthly income of HK$30,001–40,000, the frequent-use rate reached 83.6%.
Note: "Frequent use" refers to using fragrance several times a week or more.
"Scent, Emotion and Lifestyle: 2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper" is based on an online survey of 433 Hong Kong consumers conducted in September 2026. Its six key findings are outlined below. The full White Paper is available here.
1. Fragrance is part of daily life, with over seven in ten using it several times a week or more
94.2% of respondents reported using fragrance products. Among those who answered the usage-frequency question, 71.7% used fragrance several times a week or more, classified as frequent users; 46.5% used it almost every day.
2. The Daily Mood Index stands at 54.5
The 2026 Hong Kong Daily Mood Index recorded 54.5 out of 100. "Feeling cheerful and in good spirits" scored 58.4, compared with 50.4 for "feeling fresh and rested"—an eight-point gap reflecting generally insufficient rest among respondents despite positive emotional experiences.
3. Over 80% Report a Positive Impact of Fragrance on Mood
81.3% of respondents felt that fragrance positively influenced their everyday mood, including 28.4% who reported a very positive influence.
4. Frequent fragrance users record a higher Daily Mood Index
Frequent fragrance users recorded a Daily Mood Index of 55.8, compared with 51.1 among other respondents—a 4.7-point difference indicating an association between frequent fragrance use and a higher Daily Mood Index.
5. Frequent fragrance use extends beyond younger generations
Frequent-use rates exceeded 70% across all age groups from 25 to 54, reaching 76.1% among those aged 45–54, indicating that regular fragrance use spans different adult age groups.
6. Fragrance use goes beyond enjoying a pleasant scent
55.0% of respondents cited "helping them relax" as a reason for using fragrance, while 52.5% selected "lifting their mood", highlighting fragrance's emotional value beyond scent preferences.
Panel Discussion Explores Scent, Self-Care and Emotional Wellness
Following the White Paper launch, the Group hosted "Scent, Self-Care and Emotional Wellness", a panel discussion at CosmoTalks at the Hong Kong Convention and Exhibition Centre. Building on the White Paper's exploration of fragrance and everyday mood, the discussion moved from survey findings to practical approaches to supporting emotional well-being in daily life. Laurinda Ho, Founder of Smile With Us HK, said, "At Smile With Us HK, we hope to bring positive energy to the wider community through activities organised in partnership with Eternal Group." Mr. William Lam, Clinical Advisor for the Tai Po Mental Health Support Project at Mind HK, said, "Self-care is an important part of maintaining good mental health. Enjoying a fragrance that brings you pleasure and evokes happy memories can be a simple starting point for self-care."
Scent & Mood Relax Hub: A Sensory Experience Bringing Together Fragrance and Technology (Booth: 5G-G3G)
The Group also introduced the Scent & Mood Relax Hub, featuring perfumes and home fragrances from its portfolio of international and niche brands. Combining fragrance with neuroVIZR's synchronised light and sound experiences, the Hub offers an immersive sensory journey centred on four themes: "Relax", "Focus", "Better Sleep" and "Creativity".
Looking ahead, Eternal Group will remain committed to the art of living, drawing on consumer insights and the strengths of its international and niche brand portfolio. Through a diverse range of products, including perfumes and home fragrances, the Group will respond to consumers' fragrance and everyday self-care needs. It will also integrate innovative technology to enhance fragrance experiences, broaden fragrance use across lifestyle settings and capitalise on market opportunities. Through its ongoing "Scent of Happiness" campaign, the Group will deepen cross-sector partnerships and bring the art of living into community care, creating long-term value for consumers, partners and the community.
Hashtag: #EternalGroup
The issuer is solely responsible for the content of this announcement.
About Eternal Beauty Holdings Limited (Stock Code: 6883.HK)
Eternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macao) in terms of retail sales in 2023*. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 30 September 2026, it conducted product distribution and market deployment for a total of 82 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macao. (*Data source: Frost & Sullivan)
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