Hong Kong
Hong Kong employers brace for disruption as AI hits admin roles hardest
Hong Kong employers brace for disruption as AI hits admin roles hardest
53% of employers expect more than a quarter of their staff will require reskilling, and 26% expect more than half will need new skills.
Prudential unit files IPO to sell 9.91% stake
It has filed a Red Herring Prospectus for the IPO.
Dah Sing Bank extends US stock trading service to nearly 24 hours
It also modified its brokerage fee rate to US$0.015 per share.
8 in 10 Chinese companies choose Hong Kong as global launchpad
City channels 60% of China’s outbound direct investment
Hong Kong’s bill could push some landlords out of subdivided unit market
Tighter standards may prompt some owners to withdraw rather than invest in upgrades.
Cellmeric targets 80% cut in cell-based cancer treatment costs
Its tech avoids unwanted DNA mutations and removes costly safety tests.
HKIC posts $2.34b investment income in 2024
Its operating income stood at $2.25b over the same period.
Li Dong Building hits market at $800m in public tender
The building is about 90% leased, largely to medical, fitness, and physiotherapy tenants.
Firefilm rolls out 'last-mile' platform for AI video optimisation
It offers a $180-per-user enterprise tier and a $980-a-month corporate plan.
November property registrations slips to 7,121 units
Residential agreements decline as total consideration eases year on year.
Port cargo throughput falls 5.6% in Q3
Inward cargo dropped 11% whilst outward shipments rose modestly.
Reinsurers to absorb 'significant' claims from Wang Fuk Court fire
It may trigger premium adjustments or stricter terms and conditions.
HK retail sales up 6.9% YoY in October
It was estimated at $35.2b.
Airport Authority Hong Kong recognised at Hong Kong Business Technology Excellence Awards 2025
The statutory body was given an award for its smartphone express bag drop, the first of its kind in the world.
Residential mortgage loans reached $31.3b in October
Loan transactions decreased by 2.1% to $12.4b, whilst secondary transactions increased by 3.4% to $16b.
5.1-year waiting time recorded for public rental housing
7,900 quarterly placements contributed to the one-year reduction.
Government suspends 30 projects after safety concerns
A safety audit will be required before resumption of operations.
Commentary
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