News

Hong Kong loses deep-sea services as cargo shifts to mainland ports

Shipping alliance changes are reducing some deep-sea and Asia-Europe calls as Hong Kong shifts towards smaller regional services.

Outbound controls weigh on Hong Kong deals

Mainland China’s tighter oversight of overseas investment is adding uncertainty for Hong Kong buyers.

Balance of payments surplus jumps to $54.6b in Q2

The rise was mainly driven by larger net inflows of primary income and a higher services surplus.

Hong Kong’s EleBank to open local office in Causeway Bay

The office spans two floors and will be open from 10AM to 9PM daily.

Cigna Hong Kong online insurance visits jump 38%

Customers can now compare premiums and coverage side-by-side before completing applications digitally.

Hong Kong, Henan ink MoU on Chinese medicine cooperation

Key areas include CM services, standards, and talent development.

UOB, Hang Seng Bank back five-year plan on RMB and SME priorities

Hong Kong plans to strengthen its role as a global offshore renminbi hub.

Manpower shortage seen narrowing to 130,000 by 2028

However, shortages remain tight in industries such as innovation and technology.

CTF Life cuts premiums as wealth transfer accelerates

The plan includes an 8% legacy benefit aimed at customers planning intergenerational wealth succession.

The Pemberton in Sheung Wan set for living conversion

The 24-storey property has a gross floor area of about 58,000 sq ft.

Government to introduce new visa for short‑term training

It also plans to broaden AI-related professions on its Talent List.

Government approves 15 building plans in July

Seven are for apartments, five for commercial projects, and three for industrial developments.

Cathay Pacific August passengers rise 5.4% on leisure and student demand

Passenger numbers rose 15% in the first eight months as cargo volumes climbed 9%.

C‑BONS International Center top floors on sale in Kwun Tong

The package includes six parking spaces and two exterior signage positions.