News
HK Electric profit up to $3.15b in 2025 as supply reliability remains high
HK Electric profit up to $3.15b in 2025 as supply reliability remains high
The 2025 results show under 30 seconds of unplanned downtime per customer as gas output hits 69%.
Prudential profit rockets 71% in 2025
Its new business profit also rose 12% to $2.78b.
Hong Kong ranks ninth in cross-border property capital
Outbound flows reached US$4.93b in 2025.
Two Peak Road redevelopment sites launched for tender
The property has a combined site area of about 28,620 sq ft across two lots.
AIA expands wealth services for HNW segment with Alta Prestige centre
The firm targets ultra-wealthy with a new advisory centre.
Hong Kong to enforce duty stamps, standardised tobacco packaging by Q2 2027
The new tobacco rules target appeal and illicit trade.
Hong Kong to align development strategy with China’s 15th Five-Year Plan
The government will draft the city’s first five-year plan.
HK manufacturing output climbs 5.7% in Q4
Despite gains, sewerage, waste management, and remediation output dropped 1.9%.
Manulife Hong Kong and Macau adds a deputy CEO role to Wilton Kee
Kee joined Manulife in 2013.
HK regulators probe $315m alleged insider trading gains
Joint SFC-ICAC raid targets executives.
Regulators launch expanded GenAI Sandbox across financial sectors
The GenA.I. Sandbox++ focuses on risk management, fraud prevention, and customer experience.
Major service industries record double-digit gains in business receipts in Q4 2025
By service domain, the Computer and IT services led growth with a 101.8% increase.
Public works offset 23.2% drop in private construction in Q4 2025
Q4 construction value stood at $73.2b as public sector growth partly offsets private sector drop.
Cathay Pacific doubles fuel surcharges as jet fuel price surges
The hike comes into effect on 18 March.
Cathay Group profit hits $10.45b in 2025 on increased capacity and demand
Non-recurring joint venture gains boosted results.
Sunlight REIT's NPI drops 5.3% YoY in 2025
The REIT also posted declines in revenue and distributable income.
Hong Kong loses $7.52b to fraud as AI use rises
Money laundering in the city hit $17.28b amidst increased AI-driven schemes.
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