News

Zurich Hong Kong backs robot micro-insurance

YAS customers will get scenario-based protection for insured robot incidents.

GNI outpaces GDP in Q1 on investment income inflows

Net primary income inflows outweigh stronger domestic output growth trends.

Prudential Hong Kong launches Cantonese voice challenge

Cyberport joined the competition to develop practical artificial intelligence solutions.

Hong Kong AI cohort grows amidst governance pressure

Stephen Yiu said insurers are showing stronger ownership in strategy selection.

Credit card balances rise as revolving lines fall

Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.

Gov’t seeks public views on first five-year development plan

Key priorities include the Northern Metropolis and green transformation. 

Hong Kong tightens F&B worker imports under new labour rules

Restaurant operators must meet a 3:1 local-to-imported worker ratio. 

Luxury hotels shine as Asia Pacific deals rise 77%

Tightly held ownership and limited new supply continue to support the city’s premium hotel market.

Manufacturing output slows in Q1 as producer prices surge

Production rose 3.1% in Q1, whilst producer prices jumped 17.7%.

Construction output rises in Q1 on public works surge; private sector slumps

Government projects offset a double-digit drop in private building activity.

Kennedy Town gets retro concept store as Wellcome expands

Design uses Hong Kong tram culture as the store theme.

Keytop Parking clears HKEX hearing for IPO

Proceeds will fund R&D parking operations overseas growth and corporate purposes.

Uber says 83% expect higher fares under Hong Kong cap

Around 86% also expected peak-hour and rainy-day bookings to become harder.

Chinachem acquires North Point Terrace site for $1.9b

The residential site will strengthen the group’s development portfolio on Hong Kong Island.

Hong Kong consumers cautious over autonomous AI purchases

Only 27% trust AI agents to make purchases without checking.