News
Hong Kong’s millionaire density trails only mainland China: report
Hong Kong’s millionaire density trails only mainland China: report
It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China.
Gov’t sees positive response on re-domiciliation legislation
The government received 150 inquiries on the legislation.
Link REIT clarifies position on possible spin-off of regional properties
Studies on potential deals do not guarantee any transaction.
Rising benefit costs top concern for 81% of HK employers
As a result, employers are turning to smarter spending.
Uber warns driver quota threatens earnings, reliability
More than 30,000 people in Hong Kong earned money by driving using the Uber app.
HK Express launches direct flights to Guiyang
This is HK Express’ sixth Chinese Mainland destination.
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.
Sham Shui Po youth hostel approved
It will offer 676 beds.
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.
Read Here
Advertise
Sign Up
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers