Hong Kong

Hong Kong Residency rule could boost office sector

The ultra-rich are also expected to set up family offices in the city.

Chow Tai Fook reports 20.4% drop in revenue amidst demand decline

Macroeconomic externalities and high gold price volatility drove down the demand.

Allegrow Biotech engineers technology to activate immune cells

The startup’s invention can be used to treat and potentially cure diseases like cancer.

Hong Kong lenders chase after small-ticket loans, maintain tight standards

They’ve embedded services in digital wallets to increase to get more customers.

Hong Kong accounts for 45% of second-hand toy sales in Asia

It is the second highest earner from secondhand item sales in the region.

HK sees decline in white-collar job vacancies in 2024

Only 55% of employers forecast a pay rise for employees in 2025.

Cathay Pacific to invest $100b in HKIA in next seven years

The investment includes orders for more than 100 new aircraft.

Exports value eases to 3.5% YoY in October

In September, exports value rose 4.7% YoY.

Hongkongers' monthly savings rise to $9,800

This represented a 10% increase from last year.

Gov’t revokes license of employment agency Saiko Hong

The license was revoked after the company was convicted of overcharging commission.

Hong Kong central bank welcomes complete migration to Credit Data Smart

Banks and lenders now operate under a multiple credit reference agencies model.

HK’s Lung King Heen is amongst La Liste’s World's Best Restaurants

Hong Kong shares the first place with other establishments in seven countries.

New World to be removed from Hang Seng Index

The number of members on the benchmark will increase to 83 from 82.

HKIE eBook details HK's contribution to UN’s sustainability goals

The eBook showcases 40 engineering projects corresponding to 17 UNSDGs.