News

IRC cuts losses to $159.4m in 2024

Revenue for the year fell 12.6%.

Hong Kong faces risk of oversupply in HSK logistics pipeline: CBRE

CBRE flagged the risk of excess logistics and industrial space, particularly the planned 45 million sq ft allocation in HSK/HT.

Sunac China restructures offshore debt amidst market headwinds

It has appointed Houlihan Lokey Limited and Sidley Austin as financial and legal advisors.

CAD bans use of power banks during flights

Stowage of power banks in overhead compartments are also prohibited.

HKEX lists Asia's first single stock L&I products

Hong Kong's ETP market grew to a record market capitalisation of $463b in 2024.

CTF Life launches outpatient insurance for GBA travel

The plan utilises the medical network of The GBA Healthcare Group.

Prudential adopts NFC tech for faster client onboarding

The e-KYC will be integrated into PRUSubmit.

CITIC Telecom, Sangfor develop new cloud solution for enterprises

The new series will help drive enterprise digital transformation.

Gov't OKs 14 building plans in January

It spans across Hong Kong Island, Kowloon, and New Territories.

Hong Kong suspends poultry import from US, UK

This is due to reported outbreaks of highly pathogenic H5N1 avian influenza.

JD Logistics expands operations with new centre in Chai Wan

This is the group’s fifth centre in Hong Kong.

The Henry Hotel in Sai Ying Pun up for sale

The Henry is a 24-storey freehold hotel and serviced residence offering 34 en-suite guest rooms across three layouts.

HSBC’s Yvonne Yiu on why the future of payments is instant

She credits her propensity to ask questions for becoming one of HSBC’s top leaders.

BEA’s Ivy Chan on managing banking risks, trade war shifts

She never saw her banking job as one with a bias for either men or women.

Employment down 0.3% in Dec 2024

Over 2.71 million people were employed across key industries in Hong Kong.