News

HSBC partners Cathay Pacific, EcoCeres to scale SAF adoption

HSBC will use SAF from EcoCeres for its Cathay Pacific flights departing from Hong Kong.

HK to host over 90 mega events in H1 2025

Around 840,000 tourists are expected to attend next year. 

bolttech secures $50m venture debt from HSBC, expands market

HSBC has been a partner of bolttech since 2019.

HKPC launches joint lab with CAICT, PolyU to advance R&D

It aims to enhance the competitiveness of Greater Bay Area enterprises in innovation and technology. 

Towngas, CPN ink MoU on green methanol distribution

CPN will distribute the fuel supplied by Towngas.

HK urged to deepen financial reform and innovation

Chinese Vice Premier He Lifeng said HK was positioned as an international financial hub.

Rental price increases in 2025 to exceed 2024 levels

This is due to strong demand from new arrivals and potential homebuyers.

Nanyang Commercial Bank needs more loss provisions to resolve property woes

The bank is expected to face profitability and asset quality challenges through 2025.

Hong Kong credit card receivables down 0.6% in Q3

The delinquent and rescheduled ratio was 0.4% in end-September.

Enhanced SME Financing Guarantee Scheme officially in effect

The enhancements aim to alleviate repayment pressures for SMEs seeking loans.

Jobless rate rises to 3.1% in August–October period

The number of jobless individuals rose by 800.

Hong Kong economy up 1.8% YoY in Q3

On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.

Hong Kong and Peru sign free trade agreement

It will take effect once both parties complete their internal procedures.

HK launches $20b retail infrastructure bond

It will be available in lots priced at $10,000 and a tenor of three years.

Google HK, Pokémon GO launch 'PokéStops' at 3 recycling stations

Players can collect in-game items at the designated stops on 7 and 8 December.

CIMDA, FDB Group boost low altitude economy in new initiative

They established a premier electric Vertical Take-Off and Landing Association.