News

Swire Pacific reports 79% YoY decline in attributable profit in H1

This was attributed to higher fair value loss on investment properties.

Hong Kong economy expands 3.1% in Q2

This is the 10th consecutive quarter it saw an economic expansion.

HKTDC: Hong Kong products enjoy positive reviews from mainland online shoppers

Online shoppers mostly buy electronic, luxury, and fashion goods from Hong Kong.

HK’s foreign currency reserve declines by 1.52% MoM in July

It represents over five times the currency in circulation.

Manulife Investment Management appoints two executives in Hong Kong office

This is part if its continued commitment to deepening its equity investment capabilities across Asia.

InvestHK inks deal with Dongguan Songshan Lake High-Tech Industrial Development Zone

The city serves as one-stop support for enterprises matching world-class partners.

StanChart sets up JV in Hong Kong to apply for stablecoin issuer licence

SCBHK, Animoca Brands, and HKT earlier participated in Hong Kong’s stablecoin issuer sandbox.

Lalamove and HKPC partner to launch AI system for road safety

The system uses real-time data and machine learning to detect high-risk driving behaviors.

AI investment in Greater China to hit US$102.9b by 2028: report

42% of Hong Kong organisations plan to implement AI agents within the next six months.

Sino Group chair Robert Ng steps down, eldest son takes over

Ng will retire as chairman and executive director effective 31 August 2025.Tycoon Robert Ng has announced his retirement from his positions as Sino Land’s chairman and executive director, effective 31 August 2025.

Changes in HKEX framework aligns Hong Kong with international markets

HKEX has eased IPO public float requirements and reformed the IPO price discovery process.

FWD Group launches Hong Kong lounge under FWD Private brand

The HNW platform now operates across three jurisdictions.

Cheque volumes in Hong Kong fall 18.4% over three years

The volume of paper cheques fell by 18.40% from 2021 to 2024.