Hong Kong
Transport receipts drop 12% in 2023
Transport receipts drop 12% in 2023
On a per establishment basis, receipts dropped 13.8% to $24.2m.
Gov’t unveils blueprint to boost arts and culture sector
The blueprint consists of 71 measures under four strategic directions.
Gov't cuts quarantine period for cats and dogs imported from Macau
The quarantine period will be shortened to 30 days, from the current 120 days.
HSBC Hong Kong’s real estate risks to persist through 2025
The bank should see good profitability, strong capitalization, and adequate liquidity, however.
Home price index falls 6.8% YTD, sales volume up 67% MoM in October
The month saw 4,506 residential unit transactions.
Hang Seng Bank champions responsible AI implementation and governance
The innovations in AI technology ensure responsible and effective implementation of its use cases and patterns.
HK is seventh most active real estate market in APAC
However, the office rental growth index has been in decline since 2023.
Hong Kong pharmaceutical market to be valued at $23.4b by 2028
However, competition from neighbouring markets poses downside risks.
Chief Executive appoints six new HKU Council members
The government established a task group to investigate the university's internal operations.
UOB, SGE ink MoU to deepen gold market cooperation
UOB is the only bank providing gold products in Singapore.
9 in10 HK firms expect cross-border e-commerce to drive sales growth
The global B2C e-commerce sales will reach $46.7t (US$6t) this year.
Sun Life HK, HKMC partner to promote flexible retirement planning programmes
Hongkongers expect to retire at an average age of 66.
AAHK signs $4.62b agreement to acquire Zhuhai Airport
Secretary for Transport & Logistics Lam Sai-hun witnessed the signing ceremony.
Gov’t extends judiciary e-Appointment services
This will enable users to apply for self-bankruptcy petitions and probate applications online.
InvestHK opens office in Cairo
This is part of its effort to attract companies from MENA.
Hong Kong top court affirms same-sex spouses' housing rights
Two judicial reviews concerned rights under public rental housing and the Home Ownership Scheme.
Hong Kong condemns US lawmakers' claim as financial hub for illicit financial activities
A government spokesperson called the allegations ‘malicious’ and ‘grossly unfounded.’
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