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Alternative payments is top choice for e-commerce purchases in Hong Kong
Alternative payments is top choice for e-commerce purchases in Hong Kong
It accounts for 41.7% share in 2023.
Fixed comm services revenue to grow 2% in 5 years
This is thanks to the fixed broadband service segment.
Hong Kong's card payments market poised for 12.2% growth in 2024
The local card payments market will be worth $1.3t by year-end.
Nearly 9 in 10 use mobile wallets for payments in HK: study
This is expected to increase amidst efforts to push for electronic payment.
Is 5G the saving grace of Hong Kong’s mobile services market?
Revenue is expected to be driven by 5G adoption, but not by much.
Hong Kong’s PA&H insurance sector to reach $28.5b in 2028
This growth was driven by the increased health awareness brought by the pandemic.
Hong Kong deal activity falls 28.3% YoY in the first 2 months of 2024
In the whole of APAC, deal volume declined by 19.6% YoY.
Mainland Chinese tourists fuel growth in Hong Kong’s life insurance market
The industry will grow 4.1% by 2028 due to more mainland tourists and the super aging population.
HK’s deal volume drops 22.5% YoY in January-October 2023 period
The decline in deals was also observed across multiple APAC markets.
Deal volume in HK drops 20.7% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
Digitalisation, decarbonisation drive M&A deals in APAC
In Q1, technology, media and telecom (TMT) was the busiest sector in the Asia Pacific by volume with 622 deals.
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Commentary
Don’t let ESG gaps affect your asset’s value