News

CBRE sees strong developer interest in Shek Mun site

CBRE sees strong developer interest in Shek Mun site

The site has the potential to deliver 926 units across three residential towers.

HK’s digital and intelligent development gets boost from new pact

It will cover areas including ICT infrastructure and cybersecurity.

Hong Kong records first insurance sidecar issuance worth $12m

The issuance was made through Great Wall Re Limited.

FWD launches illness insurance amidst push for clearer claims

Customers will receive the more favourable disease definition when policy terms differ from industry standards.

Gov't backs nine accelerators under pilot I&T scheme

Funding will be matched one-to-two, with a subsidy ceiling of $30m.

Hong Kong’s first reinsurance sidecar issued at $94m by mainland PICC

The sidecar covers reinsurance for offshore windfarm property insurance in mainland China.

HKEX to add 12 stock option classes in November

Both weekly and monthly expiries will go live from the first day of trading.

BEA buys green certificates covering 30% of expected power use

The certificates represent 10,500 MWh of solar-generated electricity.

FinTech Association of Hong Kong names Michele Fung as chair

She succeeds Lareina Wang, who completed her two-year term.

Office splits as Central tightens and decentralised rents stall

Space availability in Central tightened in Q3 2026, according to CBRE.

Anchor Street building for sale at $150m

CBRE says it can house 112 students upon conversion.

Jardine Matheson takes full ownership of Gammon in $2.61b deal

Balfour Beatty’s 50% stake will be paid for in instalments through December 2028.

HSBC Life expands cross-border healthcare with four new lounges

Policyholders in Hong Kong and mainland China can access appointment and medical escort services.

Hang Seng launches new index tracking hard tech firms

It covers firms involved in semiconductors, AI, and electronic equipment.

HK Express mainland passenger traffic rises 45% during Golden Week

Passenger traffic peaked at more than 13,000 on 2 October.

New HKEX-S&P DJI joint index tracks US and Hong Kong equities

The index allocates 60% to the HKEX Tech 100 and 40% to the S&P 500.

Sincere’s Central department store to cease operations in December

The department store chain is looking for a new site in the area.