News

Respondents said digital banks outperform incumbents in account opening promotions.

It raised $107.1b across 42 listings

The offering is expected to raise $445m.

Office and industrial sectors remain under supply pressure.

Cost management, risk vigilance, and digital innovation give resilience to the industry.

The first HK$50,000 time deposit will enjoy the promo rate.

Weak optimism and top-down structures are fueling employee confidence gaps.

Total retail sales value increased by 2.4% year-on-year to $31.3 billionThe value of total retail sales in May 2025 is estimated at $31.3 billion, a 2.4% increase year-on-year(YoY) according to the Census and Statistics Department (C&SD).The figure improved from the 2.3% YoY drop in April. For the first five months combined, the value of total retail sales decreased by 4% YoY.

Hong Kong will embrace Mainland cars in November.

Cecilia Fan will succeed Libby Lee in the post.

The deal covers a portfolio of in-force participating whole life and annuity policies.

A managing director has been appointed to lead the treaty reinsurance operations.

Meanwhile, Amy Yip will step down from the Board on 31 October.

The 30-storey hotel has a gross floor area of 36,873 square feet.

It raised $1.16b.

The group is currently in negotiations with banks to secure revised terms.