News

Customs arrest four in $2.6b money laundering bust

Mobile phones, computers, company and bank documents, and bank cards were seized.

Bupa Hong Kong names Albert Fung as director of group business & partnerships

He will lead the channel services new business team, amongst other roles.

Unemployment rate steady at 3.7% in June–August 2025

The underemployment rate rose slightly from 1.4% to 1.6%.

CE Lee to deliver policy address at LegCo

Lee will deliver the Policy Address during the session.

Hong Kong economy set to cool in H2 after 3.1% first-half gain

On prices, UOB lowered its 2025 headline inflation forecast to 1.6% from 1.8%.

Hong Kong factory growth steadies at 0.9% in Q2

The pace was slightly faster than the 0.7% growth seen in the first quarter.

Allianz Trade appoints Hassan Omaish as CEO for Hong Kong, Korea, Taiwan

He will take over from Edmond Lee, who is retiring after 12 years.

BaseHall 02 earns triple platinum sustainability certifications

It met strict requirements in environmental performance and wellness.

Arrowpoint reportedly to raise US$400m in fresh funds

The hedge fund is estimated to be on course towards US$2b of assets by the end of 2026.

Hong Kong healthcare sector hits $3.4t market cap as of June

This is three times the $1.12b (US$144b) recorded at the end of 2017.

Hong Kong Insurance Authority urges joint effort in risk management

HKIA highlighted its ongoing collaboration with insurers and academics.

HK exceeds family office target ahead of schedule

Over 200 family offices set up or expanded in the region.