News
HK Express launches direct flights to Guiyang
HK Express launches direct flights to Guiyang
This is HK Express’ sixth Chinese Mainland destination.
Tai Nan Street property up for sale for $90m
The property occupies a site area of 2,895 sq. ft. and comprises six floors.
MoneyHero expands wealth product offerings with OSL partnership
Users can now compare digital asset account products.
Xiaohongshu opens first overseas office in Hong Kong
It will help connect global brands with Chinese consumers.
Foreign currency reserves rise to US$431b in May
Including unsettled FX contracts, reserves were US$430.9b in May.
Gov't appoints new SFC advisers, renews 7 terms
New term runs from June 2025 to May 2027.
First Women Wellness Satellite opens in Chai Wan on 12 June
It includes consultation rooms and health assessment areas, and a health education space.
Sham Shui Po youth hostel approved
It will offer 676 beds.
Stablecoins Ordinance to take effect in August
It will oversee stablecoin operations and ensure proper supervision.
Blue Cross expands GBA healthcare access with cross-border partners
Individual and group medical insurance holders can access medical consultations.
4 in 5 consumers hold only credit cards: report
Only 11% belong to the "flexible funding wallet" segment.
Gov’t OKs revised Banking Bill 2025
The ordinance will enable banks to share account information to detect and prevent crimes.
Gov’t prices $27b worth of green bonds and infrastructure bonds
The bonds are denominated in Hong Kong dollars, renminbi, US dollars, and euro.
Cathay Pacific launches direct flights to Rome
It will be operated by Cathay’s Airbus A350-900 fleet.
Hotel101 secures SEC approval for merger with Nasdaq-listed JVSPAC
The merger values Hotel101 at an equity value of $3b.
Axa Hong Kong and Macau launch Max Goal II Insurance Plan
It promises a breakeven timeframe of 5 years.
Commentary
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