News
HK exceeds family office target ahead of schedule
HK exceeds family office target ahead of schedule
Over 200 family offices set up or expanded in the region.
Majority back HK for transition finance, carbon markets, regional vehicles
Labelled sustainable-bond issuance across Southeast Asia and the Greater Bay Area has surpassed $2.34t.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
Alipay+ Voyager customers can book Grab rides in their e-wallets
The service is available to users of Alipay, AlipayHK, and GCash.
Hanison Construction, JV partner sell The Connaught holding firm for $410m
The group expects the deal to result in a loss of about $177m.
HKUST, French companies ink MoU on low-carbon retrofit pilot project
The pilot will retrofit an existing HKUST building to improve energy efficiency.
LandsD, PolyU to drive geospatial and smart city development
Both parties will establish a Joint Research Centre.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Hospital Authority tests drone delivery of medical supplies
The flight takes about 20 minutes compared with existing transport.
DKSH expands in HK, Macau amidst stronger Suntory partnership
DKSH will now provide full distribution services for Suntory Wellness products.
Foreign currency reserve declines in August
Foreign liabilities amounted to $31.7b.
HK, Mainland ink MoU on tropical agriculture cooperation
The agreement also establishes mechanisms for talent exchange and innovation.
Sino Land unit wins Tuen Mun lot for $1.089b
The land grant covers 50 years.
28 subdivided unit landlords face fines for tenancy breaches
They admitted to failing to file tenancy notices and charging tenants unlawful payments.
Kwun Tong (South) Outline Zoning Plan amended
Hung To Road site rezoned from “Commercial (1)”/“Business” to “Commercial (3)”.
Gross national income up 5.2% YoY in Q2
GDP for the same period was $785.2b, up 3.7% YoY.
Student housing gap may hit 120,000 by 2028
Non-local enrolment has climbed to about 92,000 in 2024/25, the report noted.
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Commentary
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