Hong Kong Business

Mental health, health benefits, and financial wellbeing are the three areas most employers in the region are planning to enhance over the next three years.

End-2024, Hong Kong’s MCV insurance market reached HK$62.5b (US$8b).

The indicative price is set at $398M, or approximately $8,405 per square foot.

Tenants’ adjustment and tariff risks dragged rental prices and activities.

HKMA ordered fines and formulation of remedial measures.The Hong Kong Monetary Authority (HKMA) has conducted disciplinary action against Indian Overseas Bank, Hong Kong Branch (IOBHK), Bank of Communications (Hong Kong) Limited (BCOM(HK)), and Bank of Communications Co., Ltd., Hong Kong Branch (BCOM) for violating the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) (AMLO) on 22 July.

This allows tax matters to be handled electronically.

Mandatory requirements for caring will be regulated in the first half of 2026.

Kwong held leadership roles in the company since 2014.

The property is well-suited for student housing in line with government policy.

Basic loss per share ranged from $0.92 to $1.11.

Located at 118 Wellington Street, the project is expected to be completed by mid-2026.

With minimal hotel supply growth projected (just 0.1% CAGR from 2025 to 2030), the overall hotel stock is expected to decline under the scheme.

The decision was compared to a similar incident in 2021, when the government withdrew the sale of Tsing Yi Town Lot No. 200 due to its temporary use as a quarantine facility. 

Hong Kong consumers can check their credit score at no cost.