News
HKIA launches AI cohort programme with seven insurers
HKIA launches AI cohort programme with seven insurers
A survey of more than 110 insurers showed 20% already have AI adoption strategies.
Country Garden secures creditors' backing for offshore debt restructuring plans
The company defaulted on $85.82b offshore bonds in 2023.
FWD Hong Kong introduces One&All insurance plan with tiered benefits
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation.
PwC urges policy action to boost Hong Kong’s global role
The recommendations come as Hong Kong’s economy shows modest recovery.
Hong Kong SME index hits 3-year low on weak profit outlook
Despite the downturn in sentiment, the construction industry index rose to 42.3
Klook joins NATAS Travel Fair with multi-gen trip offerings
The company will showcase curated travel offerings and promotions aimed at multi-generational travellers.
Second round of sales at 33 Kennedy Road announced
A total of 25 units were sold in the initial sales round.
Health Bureau denies rumors of approval for third medical school
Final recommendation is expected later this year.
Choi Shek Lane light public housing applications open 25 August
The project aims to meet urgent housing demand.
Elderly health care voucher scheme now covers all 9 GBA cities
Two new service points in Shenzhen will also open later this month.
HK sees steepest prime property decline in Q2 2025
Prices fell 14.3% over the past 12 months.
Office rents set to drop 10% in 2025
Vacancy rate stood at 17.3% in the first half of 2025.
Battery maker Shuangdeng Group to list on the HKEX
The company is offering 58.6 million shares, priced at $14.51 each.
CK Asset profit drops 26.2% on $503m revaluation loss
Despite the sharp drop in headline profit, the Group's core earnings showed resilience.
Hong Kong total credit card receivables down 2.5% to $19.03b in Q2
This is slower than the 5.8% decline recorded in Q1 2025, official data showed.
Economy up 3.1% in Q2 2025
Unemployment rate also rose to 3.5%.
Cathay Group, DHL Express sign new sustainable aviation fuel deal
The partnership is expected to cut GHG emissions by about 7,190 tonnes.
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