News
HKEX posts net profit of $9.52b in Q3 2024
HKEX posts net profit of $9.52b in Q3 2024
Net profit attributable to shareholders was at $9.42b.
Gov't to roll out expanded elderly aid scheme in 2025
Tung Wah Group of Hospitals also launched a 24-hour hotline for carer support.
Home & Youth Affairs Bureau ok's youth hostel project in Kowloon City
Regal Hotels Group and Yan Oi Tong will collaborate on the project.
China Resources Beverage to raise $5.04b in Hong Kong IPO
It will issue 347.8 billion shares.
HK maintains strong position in rule of law index
Its score for Absence of Corruption also increased, ranking 10th worldwide.
Gov’t welcomes passage of rating bill
The new rating system is expected to generate approximately $820m in additional annual revenue.
Consumer prices rise 2.2% YoY in September, slowing from August
In August, prices increased by 2.5% YoY.
Cathay Pacific surpasses 20 million passengers in September
Its cargo businesses reported positive volume growth.
Over 97% of Hong Kongers trust digital banks’ security measures
Digital bank account holders are willing to open more accounts with other digital banks.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
Gov’t eyes establishment of third medical school
A land will be reserved in Northern Metropolis Ngau Tam Mei for the new campus.
Buildings Department approves 14 building plans
It also issued 15 occupation permits.
HK to subsidise 7 Guangdong residential care homes
This increases the number of care homes under the scheme to 11.
Gov’t announces ‘smooth’ first phase of plastic regulation
Sale of disposable plastic tableware will be prohibited in the next phase.
Manulife marks 25 years on HKEX with $400b market cap growth
The insurer currently serves over 2.5 million customers across Hong Kong and Macau.
Wet goods stalls auction revenue drops 31.39%
The average bid price for the wet goods stalls was $20,316.
Hong Kong rises to ninth in global cities ranking
It moved one rank higher.
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