News
ArchSD investigates public housing projects over quality issues
ArchSD investigates public housing projects over quality issues
Problems first detected at Siu Lam in August.
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
Wag Kwong and NatPower Marine to build electric shore power network
The first projects are scheduled to launch in 2026.
Property sales up 6.3% in September
Residential units accounted for 5,643 agreements.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing market rather than growth-lending market.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.
Four in five entrepreneurs hold multi-residency status
63% of Hong Kong entrepreneurs are concerned that large inheritances may weaken next-generation values.
Hang Seng Bank raises Sustainability Power Up Fund to $120b
About 70% of the utilisation went to sustainability-linked loans.
Security Bureau convenes task force to tackle illegal employment
Key focus areas include developing response strategies, improving intelligence gathering, and information sharing.
Visa launches Click to Pay digital checkout service in Hong Kong
The solution aims to offer a faster and more secure experience for both consumers and merchants.
Hong Kong suspends contractor from public tenders after fatal accident
The contractor must conduct an independent safety audit.
Gov’t appoints Sophia Chong as HKTDC executive director
On the same day, Jenny Koo took over as Deputy Executive Director.
Retail sales up 3.8% in August
Online sales made up 8.4% of total sales
Hong Kong IA flags poor calibration in insurers’ recommendation engines
The IA also advised insurers to base rule settings on historical case data.
Hong Kong may surpass Switzerland as top cross-border wealth hub in 2025
BI also projects cross-border wealth managed in Hong Kong to grow by 12% annually over the next five years.
Hong Kong ranks fourth in global FX, top offshore RMB hub
Average daily turnover of FX transactions is 27.2% higher in 2024 compared to two years earlier.
MTR secures $30b syndicated green term loan facility
It drew commitments from banks across five regions.
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