News

Employment slips in March

Employment slips in March

Total employment dropped by 14,500 persons from the previous year.
1 hour ago

Alaina Shum to lead Consumer Council

The former VTC Deputy Executive Director will assume office on 21 August.
2 hours ago

New payment systems integrated into Kai Tak Sports Park

More than 300 payment terminals have so far been installed.
2 hours ago

Hong Kong Airlines adds Sydney to its flight destination

It is the second local airline to operate the route.
2 hours ago

Hang Seng Bank funds $20m green loan for low-noise equipment

The financing will support the acquisition of electric construction machinery designed to reduce noise and emissions on building sites.
8 hours ago

Zurich and Hong Kong Airlines launch integrated travel coverage

The Zurich HKA Travel Insurance Plan is now available as an add-on when booking flights.
8 hours ago

Eight in 10 vitiligo patients lack understanding of treatment options

The report also found that 78% were unfamiliar with medication efficacy.
1 day ago

East Kowloon smart and green mass transit system gazetted

Construction of the 7 kilometre-long rapid transit line will commence once the scheme is authorised.
1 day ago

Consumer prices up 1.9% in May

Underlying inflation rate stood at 1%
1 day ago

Hong Kong, China launch Payment Connect for faster cross-border payments

Supported services include instant remittance services, amongst others.
1 day ago

Rising regulations push Hong Kong trust costs higher

Firms turn to RegTech as compliance burdens grow alongside private wealth opportunities.
1 day ago

Foshan Haitian raises $10.01b with top-range IPO pricing

Shares were priced at $36.30 each—the highest point in the offer range.
1 day ago

GDP seen to decline by 1.5% with exports under strain

China's economy is also expected to slow, with GDP forecast to decline by 0.5% by the end of 2025.
1 day ago

China CITIC Bank International holds firm with solid capital and liquidity: analyst

The bank’s exposure to property development and investment in Hong Kong accounted for 13% of gross loans at the end of 2024. 
1 day ago

Property market may turn after seven years of decline

Cycle-low HIBOR and CCL Index boost favourable market environment.Morgan Stanley is optimistic the Hong Kong property market will see the onset of an upcycle, which could last four to five years, after seven years of decline. 
4 days ago

Hang Seng’s HKD prime lending rate remains at 5.25%

Hong Kong dollar savings deposit rates were also unchanged.
4 days ago

New bill regulates leasing of subdivided units

The measure will penalise parties leasing unrecognised units.
4 days ago