Hong Kong
BEA teams up with GRCB to expand WMC southbound business
GRCB is BEA’s first WMC partner bank outside the BEA group.
MPF Ratings records best annual result in 4 years
An extra $102.4b of investment returns were gained in 2024.
HK Express named fastest growing airline in 2024
Its number of flights grew nearly 50%.
Hong Kong welcomes inaugural C919 flight from China
The aircraft is operated by China Eastern Airlines.
HDBank issues $918.71m in green bonds to fund eco-friendly projects
This aligns with the Vietnamese government's goal of carbon neutrality by 2050.
Property sales surge 17.1% in 2024
4,422,060 land register searches were made last year.
Canon HK names Gary Lee as new CEO
He joined the company in 1997.
Colliers is sole agency role to sell Jupiter Tower in North Point
It is a 27-storey commercial building with a total floor area of approximately 71,938 sq. ft.
Bupa Hong Kong, Mannings team up to launch PharmaCare Programme
All dispensed medications are covered by cashless services for eligible members.
Luckin Coffee opens five stores in Hong Kong in a day
The new stores are located in Hong Kong Island, Kowloon, and New Territories.
Retail sales drop by 7.3% YoY in November 2024
Online sales accounted for 9.3% of the total, a 7% year-on-year decrease.
Mortgage loan approvals up 27.7% in November
Mortgage loans for primary market transactions also rose 46.2% to $7.9b.
HK sees 10% growth in startups in 2024
Growth has been especially strong in the health and medical fields.
Property sales down 28.3% in December
Still, sales were up 46.4% year-on-year.
HKVAX, Victory Securities ink MoU to advance virtual assets services
It also aims to reinforce Hong Kong's competitiveness in the global industry.
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Commentary
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