Hong Kong Business

Fixed comm services revenue to grow 2% in 5 years
This is thanks to the fixed broadband service segment. 
Hongkong Land surpasses halfway mark in 2030 carbon reduction target
It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.
Retail rents under pressure as sales dip in May
Prime retail street rents, however, have gained momentum.
iFast launches $300m debt programme 
OCBC will act as the programme’s sole arranger and dealer.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
Fintech Aspire clinches money service operator license in Hong Kong
It aims to facilitate cash management and money transfers of local SMEs.
CA greenlights TVB's share structure change with GF Global
The company will allot 8.7 million shares to the finance firm.
Hong Kong’s rich investors seek more risk for more returns
About 1 in 3 investors said that their current investment returns have room to grow
Generative AI tops investment choices for Hong Kong family offices
Over 75% of family offices in the city plan to invest in Gen AI.
Hong Kongers pay most for ATM withdrawals in Thailand
Thailand has a 2.53% ATM withdrawal fee rate.
Gov't opens tender for fee-paying Queensway car park license
The Government Property Agency (GPA) is inviting tenders for a three-year licence to operate a fee-paying public car park at the Queensway Government Offices, 66 Queensway. 
AIA's new headquarters to house 1,800 employees
The campus also has an indoor running track.

Join the Hong Kong Business community

Exclusives

Exclusives

Credit Data Smart ushers in new era of credit scoring
It’s expected to promote healthy competition and improve credit knowledge of locals.
Markets & Investing Privatisation deals drive M&A activity in Hong Kong
L’Occitane and China Traditional Chinese Medicine Holdings are among the companies delisting from HKEX.
Niche crisis pushes Hong Kong towards green burials
Companies may offer boat trips for scattering ashes as interest in green burials rises.
Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.

Top News

Fixed comm services revenue to grow 2% in 5 years
This is thanks to the fixed broadband service segment. 
Hongkong Land surpasses halfway mark in 2030 carbon reduction target
It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.
Retail rents under pressure as sales dip in May
Prime retail street rents, however, have gained momentum.
iFast launches $300m debt programme 
OCBC will act as the programme’s sole arranger and dealer.
Singapore assets boost Link REIT FY24 NPI by 9.5% YoY
Despite improved NPI, the REIT’s full-year DPU fell to HK$2.6265 (S$0.45).
Hong Kong Investors wary of insurer growth divergence
IFRS 17 tends to undervalue savings contracts, Jefferies noted.
Prudential Hong Kong forms alliance with 7 local hospitals
This partnership aims to build a healthcare ecosystem in Hong Kong.
Fintech Aspire clinches money service operator license in Hong Kong
It aims to facilitate cash management and money transfers of local SMEs.
CA greenlights TVB's share structure change with GF Global
The company will allot 8.7 million shares to the finance firm.
Hong Kong’s rich investors seek more risk for more returns
About 1 in 3 investors said that their current investment returns have room to grow
Generative AI tops investment choices for Hong Kong family offices
Over 75% of family offices in the city plan to invest in Gen AI.
Hong Kongers pay most for ATM withdrawals in Thailand
Thailand has a 2.53% ATM withdrawal fee rate.
Gov't opens tender for fee-paying Queensway car park license
The Government Property Agency (GPA) is inviting tenders for a three-year licence to operate a fee-paying public car park at the Queensway Government Offices, 66 Queensway. 
AIA's new headquarters to house 1,800 employees
The campus also has an indoor running track.

Exclusives

Credit Data Smart ushers in new era of credit scoring
It’s expected to promote healthy competition and improve credit knowledge of locals.
Markets & Investing Privatisation deals drive M&A activity in Hong Kong
L’Occitane and China Traditional Chinese Medicine Holdings are among the companies delisting from HKEX.
Niche crisis pushes Hong Kong towards green burials
Companies may offer boat trips for scattering ashes as interest in green burials rises.
Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.

Join the Hong Kong Business community