News

AIA launches lifetime annuity amidst Hong Kong retirement gap

AIA launches lifetime annuity amidst Hong Kong retirement gap

It provides guaranteed monthly payments alongside potential dividends and flexible beneficiary arrangements.

China Rich Oriental Hotel for sale by private treaty

It can be converted into student housing or worker accommodation, said CBRE.

Redeveloped Huanggang Port opens with capacity for 200,000 daily trips

A new clearance arrangement will reduce processing times to five minutes.

SME business sentiment hits lowest since January

Ongoing uncertainties may affect near-term business confidence, an official said.

HKEX to accept more mainland bonds as margin collateral in November

Cross-market margin offsets are under development to cut separate collateral postings.

Gov’t opens short-term tenancy bids for 3 brownfield sites

The sites are suitable for open storage, godowns, workshops, and recycling.

Mox Bank offers QBE-backed home insurance through banking app

Renters and landlords can access protection for household belongings and property structures.

Ping An Digital Bank enters high-end wealth with private fund launch

It will work with J.P. Morgan Asset Management and Aberdeen Investments to offer semi-liquid fund prodcuts.

Home prices seen flat for rest of year after 7% rise in 8M

Residential transactions fell from 7,650 in June to 4,019 in August.

Over 4 in 5 investors expect tokenised equities to hit $78.5b by June 2027

Two in five who traded these securities reported a dramatic increase in use.

Hang Seng scraps industry limits, expands TECH Index to 50

Sub-themes also jump to 24 from 16 under the overhaul.

AIA and Chi Longevity tackle wealthy clients' ageing concerns

The partnership will establish a dedicated centre in Hong Kong later this year.

CTF Life, HKMCA team up to tackle retirement risks

The collaboration will introduce financial education programmes and customer engagement events.

Golden Week mainland arrivals top 2025 record at over 1.41 million

Hotel occupancy hit 90% as retailers reported single- to double-digit spending growth.