News

HK Electric profit up to $3.15b in 2025 as supply reliability remains high

The 2025 results show under 30 seconds of unplanned downtime per customer as gas output hits 69%.

Prudential profit rockets 71% in 2025

Its new business profit also rose 12% to $2.78b.

Two Peak Road redevelopment sites launched for tender

The property has a combined site area of about 28,620 sq ft across two lots.

AIA expands wealth services for HNW segment with Alta Prestige centre

The firm targets ultra-wealthy with a new advisory centre.

Hong Kong to align development strategy with China’s 15th Five-Year Plan

The government will draft the city’s first five-year plan.

HK manufacturing output climbs 5.7% in Q4

Despite gains, sewerage, waste management, and remediation output dropped 1.9%.

Regulators launch expanded GenAI Sandbox across financial sectors

The GenA.I. Sandbox++ focuses on risk management, fraud prevention, and customer experience.

Major service industries record double-digit gains in business receipts in Q4 2025

By service domain, the Computer and IT services led growth with a 101.8% increase.

Public works offset 23.2% drop in private construction in Q4 2025

Q4 construction value stood at $73.2b as public sector growth partly offsets private sector drop.

Sunlight REIT's NPI drops 5.3% YoY in 2025

The REIT also posted declines in revenue and distributable income.