Hong Kong
Goodman Group establishes $21.19b data center partnership
Goodman Group establishes $21.19b data center partnership
2.3 million sq. ft. across six assets including two data centers under construction
Carers database roll out to support families at risk
Low-income carers with disabilities will benefit first
Hong Kong residents use digital bank accounts, but many cite unmet needs
Respondents said digital banks outperform incumbents in account opening promotions.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
Hong Kong tops global IPO market in H1 2025
It raised $107.1b across 42 listings
FWD Group prices Hong Kong IPO at $4.84 for 7 July debut
The offering is expected to raise $445m.
Real estate investment market rebounds in Q2
Office and industrial sectors remain under supply pressure.
Banks see steady growth in 2024 amidst global uncertainty
Cost management, risk vigilance, and digital innovation give resilience to the industry.
PAObank extends 16% rate promo on HKD time deposits to July 31
The first HK$50,000 time deposit will enjoy the promo rate.
Retail sales rebound in May on improved consumption market
Total retail sales value increased by 2.4% year-on-year to $31.3 billionThe value of total retail sales in May 2025 is estimated at $31.3 billion, a 2.4% increase year-on-year(YoY) according to the Census and Statistics Department (C&SD).The figure improved from the 2.3% YoY drop in April. For the first five months combined, the value of total retail sales decreased by 4% YoY.
Southbound Travel Scheme to be launched to promote transport
Hong Kong will embrace Mainland cars in November.
Chief Executive names new Under Secretary for Health
Cecilia Fan will succeed Libby Lee in the post.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Prudential adds former Swiss Re CIO Guido Fürer to board
Meanwhile, Amy Yip will step down from the Board on 31 October.
Tougher foreign hiring rules may strain workforce planning
Hong Kong’s catering industry is expected to be hit the hardest.
Victoria Harbour view waterfront hotel up for sale
The 30-storey hotel has a gross floor area of 36,873 square feet.
Commentary
AI drug discovery, GLP-1, and the next wave of Hong Kong biotech listings
Capital repatriation isn't a retreat — it’s Hong Kong’s regulatory graduation
Hong Kong should build the Asia–Latin America investment corridor