Hong Kong
IRC cuts losses to $159.4m in 2024
Revenue for the year fell 12.6%.
Hong Kong faces risk of oversupply in HSK logistics pipeline: CBRE
CBRE flagged the risk of excess logistics and industrial space, particularly the planned 45 million sq ft allocation in HSK/HT.
Sunac China restructures offshore debt amidst market headwinds
It has appointed Houlihan Lokey Limited and Sidley Austin as financial and legal advisors.
Luxury brands flock to Lifestyle’s first mall tower in Kai Tak
The mall has achieved over 95% occupancy since its launch in November 2024.
CAD bans use of power banks during flights
Stowage of power banks in overhead compartments are also prohibited.
HKEX lists Asia's first single stock L&I products
Hong Kong's ETP market grew to a record market capitalisation of $463b in 2024.
CTF Life launches outpatient insurance for GBA travel
The plan utilises the medical network of The GBA Healthcare Group.
Prudential adopts NFC tech for faster client onboarding
The e-KYC will be integrated into PRUSubmit.
CITIC Telecom, Sangfor develop new cloud solution for enterprises
The new series will help drive enterprise digital transformation.
Gov't OKs 14 building plans in January
It spans across Hong Kong Island, Kowloon, and New Territories.
Hong Kong suspends poultry import from US, UK
This is due to reported outbreaks of highly pathogenic H5N1 avian influenza.
JD Logistics expands operations with new centre in Chai Wan
This is the group’s fifth centre in Hong Kong.
The Henry Hotel in Sai Ying Pun up for sale
The Henry is a 24-storey freehold hotel and serviced residence offering 34 en-suite guest rooms across three layouts.
BEA’s Ivy Chan on managing banking risks, trade war shifts
She never saw her banking job as one with a bias for either men or women.
Employment down 0.3% in Dec 2024
Over 2.71 million people were employed across key industries in Hong Kong.
Hong Kong raises rent of “well-off” public rental housing tenants
They will be required to pay 2.5 times to 4.5 times the standard rent.
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