Hong Kong
Bank assets rise 7.1% to $26t in 2025
Bank assets rise 7.1% to $26t in 2025
Loans returned to growth after three years of decline, whilst customer deposits increased 9.1%.
Hong Kong rises to second in global competitiveness ranking
The city ranked first in tax policy and business legislation, whilst placing second in government efficiency.
Hong Kong insurers shrug off crackdown fears: CGS International
CGS International says legal mainland Chinese purchases are not being targeted.
HSBC and BOCHK back Hong Kong’s wholesale CBDC pilot
Both banks will participate in the pilot project.
Cigna pushes early health support as medical costs rise
Its CEO’s first-year focus includes expanding coverage in Mainland China.
Education demand opens opportunity for Hong Kong commercial landlords: Colliers
Rising non-local student demand is creating a window to convert underused office and retail space into education facilities.
Startups' AI use jumps 473% as developer tools lead adoption
Travel, payroll, and office spending also climbed as firms scaled operations.
Graduates shift from postgraduate degrees to certifications as AI changes hiring
Three quarters of graduates use AI in job applications as soft skills gain priority.
Jobless rate steady at 3.7% in March to May
The underemployment rate also remained unchanged at 1.5%, whilst total employment slipped slightly.
Goods exports volume up 32.3% in April
Import volume also rose 34.0% YoY, whilst export and import prices increased.
Blue Cross widens perks as Samsung Wallet joins push
Designated travel plans can include a HK$20 ePremium Coupon.
Zurich Hong Kong backs robot micro-insurance
YAS customers will get scenario-based protection for insured robot incidents.
GNI outpaces GDP in Q1 on investment income inflows
Net primary income inflows outweigh stronger domestic output growth trends.
OWOWWW eyes air services beyond drone shows
The startup owns more than 1,000 drones for aerial displays.
Employers seek broader immigration reforms
Companies want greater flexibility for internal transfers and hiring.
Prudential Hong Kong launches Cantonese voice challenge
Cyberport joined the competition to develop practical artificial intelligence solutions.
Hong Kong AI cohort grows amidst governance pressure
Stephen Yiu said insurers are showing stronger ownership in strategy selection.
Commentary
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AI, data centres, and the coming energy supercycle in Hong Kong