Hong Kong
Gross national income up 7.1% YoY to $898.6b in Q4 2024
Gross national income up 7.1% YoY to $898.6b in Q4 2024
Hong Kong’s gross national income (GNI) grew 7.1% year-on-year to $898.6b in the fourth quarter of 2024, exceeding the 5.3% increase in gross domestic product (GDP), which reached $836.5b, according to the Census and Statistics Department.
Sunac China expects loss of up to $27.9b
The company said it is mainly due to the significant reduction in recognised revenue.
Trade volume declines in January
Exports to Vietnam surged by 65.9%.
Three universities submit proposals for HK's third medical school
A final recommendation is expected within the year.
Aviation Labour Scheme opens for third round applications
The application window runs from 18 March to 31.
Bowtie expands VHIS benefits with histotripsy at Gleneagles
The hospital is also “Asia's first private hospital to offer Histotripsy treatment”.
The Park Lane Hong Kong debuts in Autograph Collection
Its merger with the world’s biggest hotel operator has led to greater guest traffic.
Gov’t opens applications for third InnoHK research cluster
This cluster will focus on sustainable development, energy, advanced manufacturing, and materials.
HK emerges as ‘most improved’ for degree courses globally
About 80% of subjects of the city's universities had shown improvement.
Kai Tak Sports Park taps DHL Express as official partner
DHL will support KTSP in welcoming international entertainment events.
Gov’t to enhance funding for SMEs branding, export marketing
It aims to support SMEs in a more focused and sustainable manner.
Towngas Smart Energy’s renewable unit boosts 2024 profit
Core operating income was up over 30%.
Consultation launched on amendments to reproductive technology code
A key proposal is removing legal limits on gamete and embryo storage for patients.
Swire Properties posts $766m loss in 2024
This was mainly due to a larger fair value loss on investment properties
Bullish year for HKEX expected with projected rise in average daily turnover
Analysts project a significant market upturn, driving HKEX’s P/E multiple up by 18% and setting a target price of $490.
HK Express to launch direct flights to Cheongju and Daegu in June
The new routes will be launched on 5 and 6 June.
Court orders 3-year corporate ban on Anxin’s ex-financial controller
Yang has been banned from undertaking corporate roles for three years.
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