Hong Kong
Swire Pacific reports 79% YoY decline in attributable profit in H1
Swire Pacific reports 79% YoY decline in attributable profit in H1
This was attributed to higher fair value loss on investment properties.
Hong Kong economy expands 3.1% in Q2
This is the 10th consecutive quarter it saw an economic expansion.
HKTDC: Hong Kong products enjoy positive reviews from mainland online shoppers
Online shoppers mostly buy electronic, luxury, and fashion goods from Hong Kong.
HK’s foreign currency reserve declines by 1.52% MoM in July
It represents over five times the currency in circulation.
Manulife Investment Management appoints two executives in Hong Kong office
This is part if its continued commitment to deepening its equity investment capabilities across Asia.
InvestHK inks deal with Dongguan Songshan Lake High-Tech Industrial Development Zone
The city serves as one-stop support for enterprises matching world-class partners.
StanChart sets up JV in Hong Kong to apply for stablecoin issuer licence
SCBHK, Animoca Brands, and HKT earlier participated in Hong Kong’s stablecoin issuer sandbox.
Lalamove and HKPC partner to launch AI system for road safety
The system uses real-time data and machine learning to detect high-risk driving behaviors.
AI investment in Greater China to hit US$102.9b by 2028: report
42% of Hong Kong organisations plan to implement AI agents within the next six months.
Hong Kong banks lose top talent with drawn-out hiring steps
Hiring rose 2.5% among 15 lenders in Asian Banking & Finance’s annual survey.
Changes in HKEX framework aligns Hong Kong with international markets
HKEX has eased IPO public float requirements and reformed the IPO price discovery process.
iQiyi plans $300m HK listing amidst US delisting risk
Talks with global banks have begun.
FWD Group launches Hong Kong lounge under FWD Private brand
The HNW platform now operates across three jurisdictions.
Japanese drugstore chain takes first step in overseas expansion in Hong Kong
Using the city as skirmish entering Asia market.
Sophia Chong to step up as HKTDC executive director in October
Leading SMEs continue to develop globally.
Cheque volumes in Hong Kong fall 18.4% over three years
The volume of paper cheques fell by 18.40% from 2021 to 2024.
Cathay Group posts $3.7b profit with stable half-year results
The Group’s associates recorded a loss of $181m
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