Hong Kong
Cathay Pacific passengers surged 30% in August
Cathay Pacific passengers surged 30% in August
The group flew an average of 110,000 passengers per day.
Over half of retirees plan finances only a year ahead
60% of respondents prioritise managing daily expenses.
Hipine Precision opens HKEX IPO, seeks up to $314m
The company said it was China’s largest 24K precious-metal watch brand by GMV in 2024.
Nissin secures land in Zhuhai for new RMB240m production facility
It will be used to acquire the land, construct new production facilities, and install automated, labour-saving lines.
ZA Bank CEO sharpens focus on wealth, digital assets
The digital lender plans to launch Hong Kong stock trading later this year.
Hong Kong relaxes info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
HKEX unit approves three warehouses in Yuen Long
The three new warehouses will provide efficient delivery options to market participants.
Inflation slightly faster in August
Price increases were recorded in transport, alcoholic drinks and tobacco, amongst others.
HSBC Life unveils retirement-focused income insurance plan
The product also provides health protection benefits.
China CITIC Bank Int’l adjusts down HKD prime rate to 5.375%
This is 12.5 basis points lower than the previous 5.5% rate.
DFI to supply 1,000 tonnes of low-carbon rice to HK, Macau
The group plans to expand pack sizes (2kg, 8kg, 9kg) and add Yu Pin King Healthy Mixed Rice (2kg, 5kg) in 2026.
Private equity bets on Hong Kong real estate
Investors eye Pan-Asian deals to minimize exposure to US trade risks.
ZA Bank surpasses 1 million customers
The Hong Kong-based digital bank saw deposits and card transactions rise in H1.
Credit card transaction value decline in Q2
This is despite the volume of transactions rising during the quarter.
New World scion launches investment venture
The new venture sets its sights on emerging markets and on the digital space.
Gov’t announces new tobacco control measures
This ranges from increasing penalties and more stringent enforcement actions.
Gov’t launches public tender for Tsuen Wan site
The site is designated for non-industrial purposes
Read Here
Advertise
Sign Up
Commentary
Wellness craze: Emerging growth for commercial space