Hong Kong
Probioverse eyes US$10m funding for wearables on gut care
Probioverse eyes US$10m funding for wearables on gut care
It is also partnering with probiotic makers that target specific organ health.
Consumer prices up 2% in April
Underlying inflation was 1.3%.
Willas-Array Electronics posts $61.6m net loss in 9M 2024
The group’s revenue also fell by 31.4% to $1.8b.
HSBC enhances entrepreneurial wealth proposition in Hong Kong
It has launched two programmes to support businesses and private banking clients.
Rising tax scrutiny puts pressure on private equity, venture funds: report
Authorities are ramping up collection efforts, a tax partner said.
Gov’t develops 9 tourism hotspots to boost consumption
Tourists now favor hotspots with unique Hong Kong features.
ZA Bank welcomes passage of Hong Kong stablecoins bill
They are engaged in in-depth discussions with several potential stablecoin issuers.
Gov’t opens EOI to repurpose public space at Kai Tak Cruise Terminal
The EOI closes on 18 July.
Gov’t greenlights Stablecoins Bill
The bill is expected to come into effect this year.
Gov’t to roll out licensing regime for clinics and SPCs
Clinics operating as of 30 November 2018 have until 13 April next year to apply for a licence.
Sun Life debuts IUL product in HK to target wealthy investors
The new product links its indexed account value to the performance of a chosen index.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Cathay Pacific sees 36.3% YoY rise in April passenger volume
HK Express carried over 690,000 passengers.
StarCruises HK ship to set sail on 27 June
It will extend its Hong Kong deployment for an additional 11 weeks.
Hong Kong’s insurance market to hit $127b by 2032
The city’s insurance penetration remains amongst the highest globally.
Unemployment rate up 3.4% in Feb-Apr 2025
Total employment decreased by around 15,600.
Hong Kong ranks 4th in APAC on office fit-out costs
Globally, Hong Kong ranked 28th.
Commentary
Navigating Hong Kong’s regulatory landscape: a challenging and rewarding endeavour
Wellness craze: Emerging growth for commercial space