News

Hong Kong is Chinese firms’ top pick for overseas services base

Nearly all plan to expand ASEAN activities, and less than half target Europe, US, and Canada.

Towngas Smart Energy H1 profit hits $690m on margin gains

Natural gas consumption fell after a warmer winter as PV sales climbed 12% YoY.

Hong Kong gold trading system targets 2027 pilot

The platform will integrate trading, clearing, and settlement.

Jardine Matheson builds engineering platform for targeted M&A

The new platform will pursue organic expansion and synergies across its existing businesses.

Lands Department invites bids for San Tin plots

Arrangement covers 17.7 hectares for private housing and 8.8 hectares for modern industry.

Trackless ART system pitched for Kai Tak mass transit

CRRC’s trackless system operates on 10 Mainland Chinese routes and in Abu Dhabi.

URA swings to $338m surplus after three years of losses

The authority adjusted strategies as the property market remains volatile.

Hong Kong draws 16,000 submissions on first Five‑Year Plan

More than 100 consultation sessions took place during the review period.

Chubb Life Hong Kong launches health plan that covers 146 conditions

Eligible plans provide protection for up to 128 illnesses.

Hong Kong workers doubt employer medical cover meets costs

Only 17% have bought additional top-up protection.

Hung Shui Kiu logistics hub opens five sites for interest

The 3.1- to 5-hectare parcels will form the initial phases of a 32-hectare development.

Panama Port loss cuts CK Hutchison throughput by 1%

Excluding Panama, throughput rose 3% YoY.

Sofa Bar Livehouse to open first Hong Kong venue by end-September

Chengdu-based operator will occupy the space at 60 Wyndham Street.

Prop trading not eligible for carried interest tax concessions: Gov’t

Proposed regime covers eligible carried interest but excludes proprietary trading.