News

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.

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.