News
HSBC proposes to privatise Hang Seng Bank
HSBC proposes to privatise Hang Seng Bank
Hang Seng has established an Independent Board Committee to consider the proposal.
HKEX's Bonnie Chan tops Fortune's most powerful women in HK
Globally, she landed in fourth place.
HK launches GoGlobal Task Force to help Mainland enterprises expand overseas
Initiatives will include market visits and outreach programs.
ArchSD investigates public housing projects over quality issues
Problems first detected at Siu Lam in August.
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
Wag Kwong and NatPower Marine to build electric shore power network
The first projects are scheduled to launch in 2026.
Property sales up 6.3% in September
Residential units accounted for 5,643 agreements.
Security Bureau convenes task force to tackle illegal employment
Key focus areas include developing response strategies, improving intelligence gathering, and information sharing.
Hang Seng Bank raises Sustainability Power Up Fund to $120b
About 70% of the utilisation went to sustainability-linked loans.
Visa launches Click to Pay digital checkout service in Hong Kong
The solution aims to offer a faster and more secure experience for both consumers and merchants.
Four in five entrepreneurs hold multi-residency status
63% of Hong Kong entrepreneurs are concerned that large inheritances may weaken next-generation values.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.
Private lenders step in as Hong Kong banks cut real estate loan growth
Knight Frank expects Hong Kong to remain a distressed-refinancing market rather than growth-lending market.
Hong Kong suspends contractor from public tenders after fatal accident
The contractor must conduct an independent safety audit.
Gov’t appoints Sophia Chong as HKTDC executive director
On the same day, Jenny Koo took over as Deputy Executive Director.
Retail sales up 3.8% in August
Online sales made up 8.4% of total sales
Hong Kong IA flags poor calibration in insurers’ recommendation engines
The IA also advised insurers to base rule settings on historical case data.
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Commentary
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