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Taiwanese lender First Commercial Bank has secured office space in Hong Kong, joining a wave of financial firms expanding their leasing footprint in the city. The deal adds to a broader push by finance companies to lock in Hong Kong office space, though the article did not disclose the size, location, or terms of the lease. The move signals continued demand from Taiwanese financial institutions for a Hong Kong presence despite the city's soft office leasing market. It matters as a modest counterweight to vacancy concerns in Hong Kong's commercial property sector. Watch for further leasing announcements from Taiwanese and other regional lenders, and for whether the pickup translates into firmer office rents.

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Hong Kong, Taiwanese lender, finance firms