News

MTR to pay $2.25b, absorb $2.8b more over express rail delays

The Transport and Logistics Bureau said it holds MTRCL accountable for the delays.
7 hours ago

HKEX lists four ETFs tracking three cross-market indices

Bursa Malaysia Berhad and Korea Exchange co-branded two of the indices.
9 hours ago

Hotel spending to hit $37.5b in 2026 on mainland Chinese demand

Overnight arrivals from Japan and South Korea still sit about 39% under 2018 levels.
4 days ago

Mortgage applications fall 8.3% in August

Approvals also dropped 28.2% to $32.2b.
4 days ago

Housing Authority opens applications for letting, flat-for-flat schemes

Pilot Letting Scheme has a quota of 3,000 places.
4 days ago

WeLab Bank swings to loss as HK$20m tech bet bites in H1

Its revenue and net interest income grew about 8% each during the period.
4 days ago

Mox Bank swings to profit in H1

Operating income and net interest income hit double-digit increases.
4 days ago

ZA Bank’s net profit doubles to $9m in H1

Net fee and commission income rose 76% to a record $15.68m.
4 days ago

DFI Retail Group takes sole control of Starbucks Asia franchise as Maxim's splits

The split separates 1,100 Starbucks coffeehouses from 1,000-plus restaurants across Asia.
4 days ago

HSBC completes three IP-backed loans under sandbox programme

HSBC worked with the companies to leverage their IP assets to secure loans.
5 days ago

Hong Kong ETF ownership hits 34% despite buying caution

Almost half, or 46%, said they are unlikely to invest in ETFs over the next 12 months.
5 days ago

Hong Kong sets 420,000-unit housing target for next decade

The target comprises 294,000 public housing units and 126,000 private housing units.
5 days ago

Hong Kong rises to 14th in Global Innovation Index

It remained 8th in Innovation Input and rose to 21st in Innovation Output.
5 days ago

AEON Credit profit rises 10.8% to $33m in H1

This is thanks to a higher interest income and improved credit risk management.
5 days ago

Hong Kong raises 2026 export growth forecast to 42%–47%

AI infrastructure and cloud computing are lifting technology trade.
5 days ago

Wang Fuk Court owners begin SSE flat selection

About 1,700 Wang Fuk Court owners opted for the SSE.
5 days ago