Hong Kong
AIA Hong Kong debuts high-return multi-currency plan
AIA Hong Kong debuts high-return multi-currency plan
Key features include an expected Total IRR exceeding 7%.
Gov’t clarifies elderly care vouchers coverage
The vouchers do not cover online/telemedicine services.
Gov’t issues lai-see advisory
Notes exchanges can be done from 25 January to 9 February.
Property sales dropped in 2023
Sale and purchase agreements dropped 2.7% YoY in 2023.
Hang Seng Bank appoints George Siu-Kay Leung as senior advisor
He was formerly the CEO of the Hong Kong General Chamber of Commerce.
Hong Kong IPO market to stabilise in 2024: PwC
Hong Kong is predicted to yield over $100b of total funds raised in 2024.
Gov’t announces student health assessment results
About 327,000 students were assessed.
CLP Power addresses recent power outage in New Territories
Voltage dips and power interruptions have been reported.
Hong Kong police to initiate anti-scam alerts
This follows the expansion of its scam intervention scheme.
FWD HK sees Q3’23 new business climb 25% YoY
It attributed its performance to their focus on the local market, coupled with proactive efforts to meet the demands of the Greater Bay Area.
Hong Kong’s top 50 insurers experience 7.7% YoY premium contraction in 2022
Analysts said the market’s complex financial environment and shrinking population curtailed industry growth. Cross-border expansion could alleviate contraction pains.
Gov’t launches action plan for maritime and port sustainability
The plan will focus on four areas.
Why Hong Kong is an ideal destination for Middle East companies
Four sectors will benefit the most from a Hong Kong list.
6 in 10 employers plan to redesign their office to enable hybrid work
Most companies in Hong Kong have either completed their redesign or have one underway.
ZA Bank rolls out tax loan, offers cash rewards
Even unsuccessful loan applicants can receive a reward.
HK Express adds 2 new connections to its 'Air + Ferry Pass' service
The new connections commenced operations on 22 December 2023.
2024-2025 budget likely to focus on boosting recovery: expert
UOB experts expect measures on housing, low fertility, and talent.
Commentary
How Hong Kong SMEs should set boundaries for agentic AI in B2B selling
Stablecoin payments are going mainstream. Hong Kong and APAC are showing how