Hong Kong Business

HK's super-connector status draws Shanghai firms worth $2t
There are 200 Shangair companies listed in the HKEX.
Hong Kong to review capital rules to boost insurers’ infrastructure assets
It also plans to attract enterprises to establish captive insurers locally.Hong Kong will review the risk-based capital regime introduced in July, assessing capital requirements related to infrastructure investments to diversify insurance companies' asset allocations and encourage future investments.
AlixPartner names Una Ge as new HK partner and managing director
She was previously a partner at Deloitte China, focusing on cross-border restructuring.
Gov't rolls out finance course for seniors under Elder Academy scheme
It aims to expand the course to about 180 elder academies over the next three years.
Gov't eyes merging two R&D centres for faster tech development
ITC stated that it would save operating costs. 
Six in 10 in HK without critical illness insurance
Yet, only 67% would take concrete actions.
Paul Chan outlines Hong Kong's role in developing Belt and Road economies
He has met with officials in Saudi Arabia, witnessed various MoUs, and delivered a speech at the FII.
3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
Country Garden's contracted sales hit $4.68B in October
Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.
4 in 5 SMEs report easier bank credit approvals in Q3
Some, however, said the process was more difficult.
Cathay expands Corporate SAF Programme with new tiered partnerships
By using SAF, the partners reduced carbon emissions by 8,060 tonnes in 2024.
Homebuyer interest in HK up amidst rate cuts, policy incentives
Developers are launching new residential projects to capture demand.Homebuyers are showing renewed interest in the residential market, following recent US Federal interest rate cuts and flexible housing measures announced in the policy address, according to CBRE.
HKUST forms advisory group to support HK's third medical school
Members include a former UK health minister and a Nobel laureate.The Hong Kong University of Science and Technology (HKUST) has formed a council advisory group to support the development of Hong Kong’s third medical school, providing guidance to the university council. Chaired by Dr. Leong Che-Hung, the advisory group includes a roster of global medical experts and scholars such as former UK health minister Ara Darzi, chair of surgery at Imperial College London Paul Hamlyn, Columbia University's David Ho, Singaporean ophthalmologist Wong Tien-yin, and Nobel laureate Roger Kornberg from Stanford University's School of Medicine.Their collective expertise is expected to guide the university in establishing a leading medical school that will enhance Hong Kong’s role as an international hub for medical education, research, and innovation.HKUST plans to continue recruiting members to deepen the advisory group's expertise.

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Exclusives

Exclusives

Healthcare Braillic’s AR tech helps brain surgeons see through the walls
The medical software provider plans to expand its use to spinal and orthopaedic procedures.
Stellerus helps organisations manage hazard, climate risks
The Hong Kong startup offers a fast and accurate early warning system for natural disasters.
Safety concerns cloud Hong Kong’s ‘green’ transport ambitions
Hydrogen fuel is volatile, highly flammable and expensive, an energy expert says.
Retail K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Residential Property Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Commercial Property Ashurst’s Hong Kong office balances privacy and teamwork
The workplace features spaces for socials and quiet work to boost productivity.

Top News

HK's super-connector status draws Shanghai firms worth $2t
There are 200 Shangair companies listed in the HKEX.
Hong Kong to review capital rules to boost insurers’ infrastructure assets
It also plans to attract enterprises to establish captive insurers locally.Hong Kong will review the risk-based capital regime introduced in July, assessing capital requirements related to infrastructure investments to diversify insurance companies' asset allocations and encourage future investments.
AlixPartner names Una Ge as new HK partner and managing director
She was previously a partner at Deloitte China, focusing on cross-border restructuring.
Gov't rolls out finance course for seniors under Elder Academy scheme
It aims to expand the course to about 180 elder academies over the next three years.
Gov't eyes merging two R&D centres for faster tech development
ITC stated that it would save operating costs. 
Six in 10 in HK without critical illness insurance
Yet, only 67% would take concrete actions.
Paul Chan outlines Hong Kong's role in developing Belt and Road economies
He has met with officials in Saudi Arabia, witnessed various MoUs, and delivered a speech at the FII.
3 Hongkongers land on Forbes Asia's Power Businesswomen 2024
The youngest is Stephanie Lo, vice chairman of Shui On Land.Three Hongkongers were included in Forbes Asia’s Power Businesswomen 2024 for being the first women to step into their roles in their companies.The youngest of the three is Stephanie Lo, vice chairman of Shui On Land. Lo assumed the role in May, overseeing the China-focused property development arm of the Shui On Group, founded by her father, Vincent Lo.Also on the list is Clara Chan, CEO of Hong Kong Investment Corporation (HKIC). Prior to HKIC, Chan was a manager of direct investments at the Hong Kong Monetary Authority in 2010 where she handled the $39b bailout of Cathay Pacific during the pandemic.The third Hongkonger is Bonnie Chan, CEO of Hong Kong Exchanges and Clearing, who has overseen a notable increase in listings this year. In the second quarter, 18 companies went public compared to 12 in the first, raising 79% more funds.
Country Garden's contracted sales hit $4.68B in October
Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.
4 in 5 SMEs report easier bank credit approvals in Q3
Some, however, said the process was more difficult.
Cathay expands Corporate SAF Programme with new tiered partnerships
By using SAF, the partners reduced carbon emissions by 8,060 tonnes in 2024.
Homebuyer interest in HK up amidst rate cuts, policy incentives
Developers are launching new residential projects to capture demand.Homebuyers are showing renewed interest in the residential market, following recent US Federal interest rate cuts and flexible housing measures announced in the policy address, according to CBRE.
HKUST forms advisory group to support HK's third medical school
Members include a former UK health minister and a Nobel laureate.The Hong Kong University of Science and Technology (HKUST) has formed a council advisory group to support the development of Hong Kong’s third medical school, providing guidance to the university council. Chaired by Dr. Leong Che-Hung, the advisory group includes a roster of global medical experts and scholars such as former UK health minister Ara Darzi, chair of surgery at Imperial College London Paul Hamlyn, Columbia University's David Ho, Singaporean ophthalmologist Wong Tien-yin, and Nobel laureate Roger Kornberg from Stanford University's School of Medicine.Their collective expertise is expected to guide the university in establishing a leading medical school that will enhance Hong Kong’s role as an international hub for medical education, research, and innovation.HKUST plans to continue recruiting members to deepen the advisory group's expertise.

Exclusives

Healthcare Braillic’s AR tech helps brain surgeons see through the walls
The medical software provider plans to expand its use to spinal and orthopaedic procedures.
Stellerus helps organisations manage hazard, climate risks
The Hong Kong startup offers a fast and accurate early warning system for natural disasters.
Safety concerns cloud Hong Kong’s ‘green’ transport ambitions
Hydrogen fuel is volatile, highly flammable and expensive, an energy expert says.
Retail K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Residential Property Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
Hong Kong hospitals, banks embrace relaxed data transfer rules
Whilst not mandatory, they could simplify data exchange with cities in South China.
Commercial Property Ashurst’s Hong Kong office balances privacy and teamwork
The workplace features spaces for socials and quiet work to boost productivity.

Join the Hong Kong Business community