News

China CITIC Bank International to launch Payment Connect services

First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.

HK men prioritise gadget fixes, banking over health concerns

Only 64% would see a health professional at all if something felt wrong.

Fast Charger Incentive Scheme to be launched on 25 July

Around 3,000 fast chargers are expected to be in service before the end of 2028.

Hong Kong inflation slows in June

Composite CPI continue to increase by 1.0% year-on-year.

Tender for industry sites in Yuen Long and Hung Shui Kiu cancelled

The government is taking a more pragmatic arrangements for the two industry sites.

Application for student hostel conversion begins

Streamlined application process and preferential area exemptions encourage stakeholders.

Kwun Tong office building valued over $200m up for sale via tender

Its estimated market value is over $200m, or around $4,423 per square foot.

Hong Kong Airlines adds Xi’an to its route

It will open five return flights per week.

Gov't eyes simplified permitting process for car travel

Four amendments seek to facilitate and simplify arrangements for cross-border vehicles.

Women mentoring scheme begins

Over 80 female university students will be guided by 50 women leaders.

Hong Kong’s salary increase falls in 2025, but will recover in 2026

The 3.7% increases this year are lower than APAC’s 5.1% average.

HKGX appoints China CITIC Bank International as settlement bank

The bank will provide HKGX services such as account opening for its members.

Public Financial returns to profit with $2.6m net gain in H1

The recovery was led by higher net interest income which rose to $530.5m, a 13% increase from $470.7m in 2024. 

Leoch International Technology issues profit warning

Profit attributable to shareholders will likely decrease 60% to 80% year-on-year.