News

Hong Kong climbs in global startup ecosystem index

StartupBlink said the city was the only Chinese startup hub in the global top 100 to rise in the rankings.

Retail leasing sentiment improves: CBRE

The city’s retail market outperformed its industrial and logistics segment in the latest sentiment index.

HKUST, CalmCar launch physical AI innovation centre

The centre will focus on physical AI technologies for autonomous driving, robotics, and smart manufacturing.

Hong Kong ranks 13th in global talent cities index

Leading cities remain key hubs for capital, talent, and decision-making despite rising talent and operating costs.

Hong Kong signs 43 deals with Kazakhstan firms

The agreements cover aviation, finance and trade, innovation and technology, among others.

Logistics EV manager DST files Hong Kong IPO

Co-developed vehicles account for over 75.3% of its managed EV fleet.

Retail sales rise 8.6% in April

Online retail sales jumped 30.6%, accounting for 9.7% of total retail sales during the month.

Manulife Hong Kong taps Alibaba Cloud for AI push

The insurer will test AI uses across customer service fraud checks and operations.

Property sales slip 1.8% MoM in May

Building unit transaction value was nearly flat month-on-month at $72.8b. 

Tech funding dives 58% in Q2 as early-stage deals dry up

Late-stage firms captured almost all of the funding in the quarter.

Dash Living snaps up Wan Chai property for $400m

The asset was acquired at over 60% below its pre-COVID asking price. 

Chubb Life adds 3-year option to flagship savings plan

The new structure targets faster capital recovery and wealth accumulation goals.

Mastercard contactless payments land on Hong Kong's Airport Express

The company first rolled out contactless card payments in MTR in 2023.

Civil service pay indicators set at up to 4.12%

The net pay trend indicators will be among the factors considered for the 2026 to 2027 civil service pay adjustment.