Hong Kong
Consumer prices inch up by 1.4% YoY in October
Consumer prices inch up by 1.4% YoY in October
This marks a slowdown from the 2.2% increase recorded last month.
Family office growth fuels HK’s private wealth management sector optimism
The sector's Assets Under Management (AUM) almost tripled in 2023 compared to 2022.
Gov't opens GBA International Clinical Trial Institute in Shenzhen Park
It will serve as a one-stop support platform for medical research institutions.
HK, Shenzhen tackle cross-boundary railway co-operation
Both sides have agreed to jointly set up an office for implementing cross-boundary railway projects.
HK’s cyber security readiness improves, but remains at 'basic' level
The City's cyber security readiness went up by 5.8 points.
Buildings Department approves 7 building plans in September
It also issued 16 occupation permits.
HK Airlines returns to long-haul market
The airline will resume its Gold Coast direct service on 17 January 2025.
Lab-grown meat provider Vow launches in Hong Kong
The startup is launching its lab-grown version of foie gras.
Gov’t implements real-name registration to combat $2 scheme abuse
Nearly 10,000 were fined for attempting to abuse the scheme.
Grade A office vacancy drop 13.3%, rent slips 0.8% in October
Rents declined by 0.8%.
MTR Corp. loses Elizabeth Line contract
It will be taken over by GTS Rail Operations Limited.
Gov’t unveils development plan for Hong Kong Park in Hetao innovation zone
The park will enter its operational phase in 2025.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Hong Kong investor confidence in US markets rises after Trump’s election
Investors seek to increase investments in the US in 2025.
Hong Kongers turn to social media for financial advise: report
YouTube, Instagram, and Facebook are amongst the most popular platforms for Hong Kongers.
HSBC partners Cathay Pacific, EcoCeres to scale SAF adoption
HSBC will use SAF from EcoCeres for its Cathay Pacific flights departing from Hong Kong.
HK to host over 90 mega events in H1 2025
Around 840,000 tourists are expected to attend next year.
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