Hong Kong Business

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HSBC Life posts 21.5% share of new premiums in Q1 2025
HSBC Life posts 21.5% share of new premiums in Q1 2025
The insurer wrote over HK$20b in new business premiums during the period. 
Hong Kong tourism rises 11.9% with Mainland travel rebound
Hong Kong tourism rises 11.9% with Mainland travel rebound
Hotel occupancy averaged around 85% in 2024, but the Average Daily Rate (ADR) dropped 4.3% YoY.
McDonald’s-leased HK retail sites hit market in $1.2b sale
McDonald’s-leased HK retail sites hit market in $1.2b sale
The properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, among others.
Lalamove expands Middle East operations
Lalamove expands Middle East operations
It will set up a branch in the Kingdom of Saudi Arabia later this year.
Hong Kong insurance premiums hit $28.6b in Q1 2025
Hong Kong insurance premiums hit $28.6b in Q1 2025
This was driven by robust growth in both long-term and general insurance business.
HK employers face rising benefit costs, financial strain: report
HK employers face rising benefit costs, financial strain: report
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.

Exclusives

Hong Kong's stablecoins bill brings stricter oversight, opportunity
The digital tokens could support cross-border payments and smart escrow.
Markets & Investing Top auction houses draw Southeast Asia’s elite art buyers
Moneyed Millennials and Gen Zers are spending more on art pieces.
Markets & Investing Fewer but bigger deals push Hong Kong M&A to 10-year peak
Companies are focusing on scale, efficiency, and long-term positioning.
Waste-to-energy ties with mainland key to Hong Kong's green goals
Its first incinerator is only about to be finished this year, after eight years.
HR & Education Tougher foreign hiring rules may strain workforce planning
Hong Kong’s catering industry is expected to be hit the hardest.
Retail Ignoring seniors could cost retailers big
The new generation of older adults in Hong Kong consume more.
Healthcare Stricter regulation, compensation fund sought for healthcare providers
Trust accounts could also protect consumers from clinics that go under.

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