Hong Kong Business

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Hong Leong Bank’s profit down 9.36% to $1.75b in Q3
Hong Leong Bank’s profit down 9.36% to $1.75b in Q3
Its profit for the first nine months of the fiscal year is up 0.71%.
Experience to lead Hong Kong hospitality recovery
Experience to lead Hong Kong hospitality recovery
Hotels are facing rising occupancy but falling rates amidst cost pressures.
Gov't rolls out 30 measures to boost silver economy
Gov't rolls out 30 measures to boost silver economy
Plans include launching exhibitions and introducing retail concessions.
Gov’t inks tax pact with Maldives
Gov’t inks tax pact with Maldives
This will offer double taxation relief for Hong Kong companies.
Hong Leong Bank, Lombard Odier team up to boost wealth management
Hong Leong Bank, Lombard Odier team up to boost wealth management
HLB is also making internal advancements with new hires, AI tools, training programs, and partnerships.
AXA to re-domicile Bermuda-based insurance unit to Hong Kong
AXA to re-domicile Bermuda-based insurance unit to Hong Kong
The move will not affect ACRIB’s legal entity, organisational structure, or operations. 
JLL warns of capital loss risk for ageing Hong Kong offices
JLL warns of capital loss risk for ageing Hong Kong offices
The report warned that approximately one-fifth of these buildings may become functionally obsolete by 2035.

Exclusives

Markets & Investing Confidential filing may draw more dual listings, biotech IPOs
Tech listings may come from China, Singapore, Malaysia, and the Middle East.
Healthcare Probioverse eyes US$10m funding for wearables on gut care
It is also partnering with probiotic makers that target specific organ health.
Retail The Z Label tests AI tools for products targeting Gen Z
The goal is to develop at least three tools into successful ventures.
Residential Property Retirement planning fuels market for home upgrades
Senior-focused remodellers could grow from fewer than 10 to hundreds in 10 years.
Residential Property Smoke-free public housing to cut health, repair costs
The savings can be channeled to other investments.
HR & Education Employers told to prep for cost of part-time work bill
The F&B, tourism, retail, and entertainment industries will be the most affected.
Tax cuts unlikely to lift Hong Kong home prices
They could boost sentiment and reinforce signs of a stabilising property market.

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