News
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
It is seen as the world's largest home-loan portfolio transaction.
Manulife Hong Kong and Macau names new chief distribution officer
Carrie Tong, previously chief operations officer, succeeds Ivan Chan.
Hong Kong grants 30-Day visa-free entry to Nicaragua, Solomon Islands
Reciprocal pact lifts HKSAR passport access to 178 destinations.
Hongkong Land’s Singapore fund to acquire $1.1b Wheelock Place
SCPREF’s AUM to rise to $9.4b from $8.2b upon completion.
New taxi fleet wins over 95% of passengers
Over 2,000 fleet taxis have completed 4.2 million trips as of the end of May.
Huanggang Port redevelopment moves forward with new HK–Shenzhen pacts
Hong Kong secured leasing rights through 2047 as Shenzhen funds the redevelopment.
Tsim Sha Tsui redevelopment site on Granville Road launched for tender
It could accommodate a project with a gross floor area of up to 148,104 sq. ft.
HKT unveils platform combining mainland Chinese, global AI tools
It initially offers 20 preconfigured agents.
TransUnion names new TUCIS independent director
Helen Kan was executive director and deputy ceo of China CITIC Bank International.
Hong Kong caps commissions as life insurers compete
Mainland visitor demand rebounded strongly in 2025 despite tighter cross-border fund controls.
MSIG lifts claims settlement ratio to 94.7%
The company paid HK$359m across Hong Kong and Macau during 2025.
DFI Retail returns to $925m profit in H1
Full-year organic revenue growth forecast lifted to 3%-4%.
Hongkong Land profit jumps to $10.2b in H1
Revenue fell to $4.96b (US$632.7m) from $5.89b (US$751.2m).
Sheung Wan’s MOETOWN hotel up for sale at $360m
The six-year-old property comprises 45 guest rooms and a sky gym.
Three Harbourfront Landmark commercial floors up for sale
The floors have a combined GFA of 73,820 sq ft.
PwC proposes cutting Chapter 18C market-cap threshold to $2b
Key companies include those in aerospace technology and the low-altitude economy.
Cathay Pacific to hike fuel surcharges starting August
This comes amidst rising jet fuel prices.
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Commentary
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