News
uHoo secures US$3.7m funding to expand B2B segment
uHoo secures US$3.7m funding to expand B2B segment
To support its expansion in the B2B segment and drive the development of new hardware and software products.
AXA partners with Prosper Health for cross-border cancer care
Benefits include second opinions, insurance pre-approval assistance, and P-to-P transfers.
Hong Kong launches new dedicated nurse clinic, allied health services
These form part of its Chronic Disease Co-Care Pilot Scheme.
Embattled Country Garden Holdings resumes trading
This comes after a halt in trading for more than nine months.
Cathay Pacific’s carried passengers jumps 30% YoY in 2024
The airline carried more than 2.2 million passengers in December 2024.
539 overseas firms expand in HK
This is the highest number of companies assisted by InvestHK to date.
Hang Lung secures $10b through five-year syndicated loan facilities
The funds will be used to refinance debt and provide additional working capital.
Consumer prices up 1.4% in December
Price hikes were seen in categories such as alcoholic drinks, tobacco, and electricity.
Unemployment rate stays at 3.1%
The underemployment rate also stayed steady at 1.1%.
Hong Kong restaurant confidence index rises to 6 in Q4 2024
This was driven by stable revenues from traditional dine-in services and the expanding role of food delivery platforms.
Hong Kong construction industry to contract by 1-2% in 2024: JLL
Fit-out cost increases are expected to remain stable at 2% in the second half of 2024, FY 2025, and FY 2026.
Hong Kong eyes medical innovation with new key initiatives
One goal is to create a ‘GBA Clinical Trial Collaboration Platform’.
Jobless rate unchanged at 3.1%
The underemployment rates of the manufacturing and financing sectors declined.
HK’s rental housing market stable in 2024
On average, the rental budget is around $14,000.
HK achieves record-breaking 539 FDIs 2024
The total investment brought to Hong Kong’s economy reached $67.7b.
London Metal Exchange approves Hong Kong as metal delivery point
This shows HK’s role as a “super connector.”
Towngas and Global Energy to advance green methanol as marine fuel
They will integrate production and logistics.
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Commentary
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