Hong Kong Business

OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Hong Kong investor confidence in US markets rises after Trump’s election
Investors seek to increase investments in the US in 2025.
Hong Kongers turn to social media for financial advise: report
YouTube, Instagram, and Facebook are amongst the most popular platforms for Hong Kongers.
HSBC partners Cathay Pacific, EcoCeres to scale SAF adoption
HSBC will use SAF from EcoCeres for its Cathay Pacific flights departing from Hong Kong.
HK to host over 90 mega events in H1 2025
Around 840,000 tourists are expected to attend next year. 
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
HKPC launches joint lab with CAICT, PolyU to advance R&D
It aims to enhance the competitiveness of Greater Bay Area enterprises in innovation and technology. 
Towngas, CPN ink MoU on green methanol distribution
CPN will distribute the fuel supplied by Towngas.
HK urged to deepen financial reform and innovation
Chinese Vice Premier He Lifeng said HK was positioned as an international financial hub.
Rental price increases in 2025 to exceed 2024 levels
This is due to strong demand from new arrivals and potential homebuyers.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
Jobless rate rises to 3.1% in August–October period
The number of jobless individuals rose by 800.
Hong Kong economy up 1.8% YoY in Q3
On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.

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Exclusives

Exclusives

Residential Property Hong Kong ban on cramped flats could spur rent hikes
The policy may cut supply and force landlords to pass on renovation costs to tenants.
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.

Top News

OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Hong Kong investor confidence in US markets rises after Trump’s election
Investors seek to increase investments in the US in 2025.
Hong Kongers turn to social media for financial advise: report
YouTube, Instagram, and Facebook are amongst the most popular platforms for Hong Kongers.
HSBC partners Cathay Pacific, EcoCeres to scale SAF adoption
HSBC will use SAF from EcoCeres for its Cathay Pacific flights departing from Hong Kong.
HK to host over 90 mega events in H1 2025
Around 840,000 tourists are expected to attend next year. 
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
HKPC launches joint lab with CAICT, PolyU to advance R&D
It aims to enhance the competitiveness of Greater Bay Area enterprises in innovation and technology. 
Towngas, CPN ink MoU on green methanol distribution
CPN will distribute the fuel supplied by Towngas.
HK urged to deepen financial reform and innovation
Chinese Vice Premier He Lifeng said HK was positioned as an international financial hub.
Rental price increases in 2025 to exceed 2024 levels
This is due to strong demand from new arrivals and potential homebuyers.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
Jobless rate rises to 3.1% in August–October period
The number of jobless individuals rose by 800.
Hong Kong economy up 1.8% YoY in Q3
On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.

Exclusives

Residential Property Hong Kong ban on cramped flats could spur rent hikes
The policy may cut supply and force landlords to pass on renovation costs to tenants.
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.

Join the Hong Kong Business community