Hong Kong

Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025

Fees and other income rose 34% during the period.

HKIA issues guidance on intermediary pay for long-term policies

The HKIA expects insurers to ensure intermediaries provide both pre-contract advice.

Mox Bank enters insurance with QBE tie-up in Hong Kong

The first offering is “Personal Accident Cushion,” a general insurance product.

Singapore-based fintech firm Chocolate Finance enters Hong Kong market

The company has also raised $117.7m (US$15m) in a Series A+ funding round.

Sheung Wan sea view tower put up for sale

The building offers approximately 36,516 square feet of gross floor area.

Security law annotations updated

Covers new cases up to January 31 this year.

Hong Kong fortifies future with port and maritime industry focus

Authorities discussed strategies that will fuel the industry amidst the current geopolitical scene.

Hong Kong to implement first stablecoin ordinance on 1 August

Regulation documents published outline participants’ legal liabilities and application requirements.

Enhanced industrialisation funding scheme receives 66 applications

The streamined application process promotes the goal of supporting 130 production lines.

PolyU and Ant Digital Technologies set up joint lab

Investing $100m to jointly develop advanced intelligent services.

Stablecoin ordinance to drive industry growth: KPMG

Reminding stakeholders to balance optimism with risk protection and regulation obligation.

Hong Kong housing market shows signs of stabilization: CBRE

Kwok noted developers are prioritizing capital recovery over pricing power, creating downward pressure on overall residential values.

Hong Kong exports rise 11.9% in June with Asia demand surge

Despite the growth, the city recorded a trade deficit of $58.9b, equivalent to 12.4% of total imports.

Luxury auto facility in Aberdeen listed for $180m

A premium automotive service facility spanning the first to third floors of Sun Ying Industrial Centre in Aberdeen is now up for sale, with an indicative price of $180m, according to its sole agent CBRE.

Towngas and HKSTP to establish hydrogen charging system for EVs

Five hydrogen electric vehicle charging stations will open in Q2 2026.