News
Planning Department and LandsD to strengthen enforcement against unauthorised developments
Planning Department and LandsD to strengthen enforcement against unauthorised developments
The two departments will launch a high-level communication platform.
HK to ‘future-proof’ financial system for long-term sustainability
Total banking deposits in Hong Kong have grown by 5%.
Hong Kong hotel investment to drop 35% YoY in 2024
JLL said investors are becoming more selective.
HK’s human-initiated cyberattacks surge by 44% YoY
The rise in attacks coincided with a significant surge in digital transactions.
9 in 10 are aware of alternative investments
Real estate and cryptocurrency are the leading investment forms.
HSBC Life HK nabs ex-Zurich APAC CEO for chief product and in-force officer
Geoffrey Au spent 10 years with Zurich Insurance Group APAC.
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.
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