Hong Kong
Manulife Hong Kong taps Alibaba Cloud for AI push
Manulife Hong Kong taps Alibaba Cloud for AI push
The insurer will test AI uses across customer service fraud checks and operations.
Property sales slip 1.8% MoM in May
Building unit transaction value was nearly flat month-on-month at $72.8b.
Tech funding dives 58% in Q2 as early-stage deals dry up
Late-stage firms captured almost all of the funding in the quarter.
Dash Living snaps up Wan Chai property for $400m
The asset was acquired at over 60% below its pre-COVID asking price.
Data centre market tightens as demand outpaces new supply
Most existing facilities remain below the rack density needed for AI workloads.
IPOs spur bank hiring rebound
Workforce across 15 lenders fell 0.73% to 74,376 in 2025.
Chubb Life adds 3-year option to flagship savings plan
The new structure targets faster capital recovery and wealth accumulation goals.
Mastercard contactless payments land on Hong Kong's Airport Express
The company first rolled out contactless card payments in MTR in 2023.
Civil service pay indicators set at up to 4.12%
The net pay trend indicators will be among the factors considered for the 2026 to 2027 civil service pay adjustment.
QBE names Andy Tsui as corporate underwriting head for Hong Kong, Macau
He will also lead the insurer’s People Risk proposition across Asia.
Johnson Stokes & Master names new senior partner
Geoffrey Chan succeeds Terence Tung, who held the role for 10 years.
Development Bureau introduces land, tenancy reforms
The gov’t allows greater flexibility for short-term tenancies, with some sites eligible for up to 21 years.
GBA eases yacht entry rules for HK, Macau vessels
The vessels are restricted to operating only within nine cities.
World-Wide House top floors up for sale in Central
The receivership asset comprises two adjoining full-floor offices with vacant possession.
Hong Kong to establish international commercial court
The planned court will handle complex, high-value international and cross-border commercial disputes.
Over 60% residents stressed over finances
Rising living costs, healthcare expenses, and retirement savings emerged as the top financial concerns.
OCBC Hong Kong names new wholesale head and risk chief
Angus Tsang and Stanley Sze-To start their new roles in H2 2026.
Commentary
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