Hong Kong
9 in10 HK firms expect cross-border e-commerce to drive sales growth
9 in10 HK firms expect cross-border e-commerce to drive sales growth
The global B2C e-commerce sales will reach $46.7t (US$6t) this year.
Sun Life HK, HKMC partner to promote flexible retirement planning programmes
Hongkongers expect to retire at an average age of 66.
AAHK signs $4.62b agreement to acquire Zhuhai Airport
Secretary for Transport & Logistics Lam Sai-hun witnessed the signing ceremony.
Gov’t extends judiciary e-Appointment services
This will enable users to apply for self-bankruptcy petitions and probate applications online.
InvestHK opens office in Cairo
This is part of its effort to attract companies from MENA.
Hong Kong top court affirms same-sex spouses' housing rights
Two judicial reviews concerned rights under public rental housing and the Home Ownership Scheme.
Hong Kong condemns US lawmakers' claim as financial hub for illicit financial activities
A government spokesperson called the allegations ‘malicious’ and ‘grossly unfounded.’
Hot pot operator Super Hi bounces back with $293.35m profit in Q3
The group attributed the growth to ongoing expansions and improved guest visits.
Hong Kong Residency rule could boost office sector
The ultra-rich are also expected to set up family offices in the city.
China courier group SF Holdings raises $5.83b on HKEX debut
Shares sold for $34.30 per share.
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.
Commentary
In the age of AI, creativity is the decisive advantage
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
Why Hong Kong’s retail product reshuffle may favour large suppliers