Hong Kong
Entertainment and media industry shifts to ad spending
Entertainment and media industry shifts to ad spending
The market is expected to grow 2.26% annually to $117b by 2029.
ACTuWISE seeks $5m to expand AI mental health platform
The startup’s expansion plans include launching the app in Mainland China.
Peqaboo creator targets 1,000 merchants by year-end
It seeks to raise as much as $23.4m to fund upcoming developments.
K11 Art Mall posts highest-ever traffic and full occupancy
Sales from anime and collectible toy retailers rose by more than 65% YoY.
Cathay Pacific rebounds with 2.49m passengers in July
This marks the airline’s highest monthly passenger total in 2025 to date.
Commercial real estate woes persist for Bank of East Asia
NIM will weigh on profitability but its non-interest income will cushion impact.
Citi, Mastercard offer priority restaurant booking for HK’s National Day
Citi Mastercard cardholders can pre-book at 13 participating restaurants.
Gov’t terminates all contracts linked to water fraud
Authorities said XDX and related firms can no longer meet their contracts.
HK inflation eases to 1% in July
Declines were seen in clothing and footwear, durable goods, and basic food.
Bank of East Asia reports higher attributable profit by 14.1% YoY in H1 2025
Earnings per share also increased by 24.6% YoY.
Hongkong Land streamlines building ops with new AI platform
The company said the platform is designed to improve operational efficiency and reduce service disruptions.
CPA Australia urges reforms to enhance Hong Kong's competitiveness
One of the key proposals includes introducing a Qualified Refundable Tax Credit for multinational enterprises.
Despite strong earnings, HKEx screens as overvalued: analyst
The valuation adjustment follows a standout first half of 2025, where HKEx reported a 39% surge in net profit.
HKEX profit up 39% in H1
Revenue and other income for the period also increased 33%.
Swire Properties opens sales gallery for The Headland Residences
The development will be launched in two phases.
Foxconn invests up to $39m in Robocore unit
Proceeds will support telemedicine operations in the US, Europe, and Japan.
CTF Services to buy 65% stake in Blackhorn Group
The deal supports CTFS’s expansion in wealth management.
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