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Hong Kong’s real estate struggles as investment falls 13% in 2024
Hong Kong’s real estate struggles as investment falls 13% in 2024
Investment activity totaled US$1.5b in the fourth quarter alone, marking a 29% YoY drop.
HK registers over 145,000 new local companies in 2024
Hong Kong also registered 1,079 new places of business for non-Hong Kong companies.
Over 1 in 10 Hongkongers replace meals with snacks: report
This trend is due to changing dietary preferences and consumer purchases.
Gov’t eyes enhancing HK’s port and maritime sectors
The government’s latest scheme aims to attract more shipowners to register in Hong Kong.
HSBC Life records 19.5% share in industry premiums for 9M 2024
The CEO attributed the growth to its HNW business.
Business outlook dim in Q1 amidst global uncertainties
All sectors expect their employment to decrease.
FWD HK, Bank SinoPac ink deal on bancassurance for HNW market
The partnership aims to enhance wealth growth and legacy planning.
HK Express launches new route to Sendai, Japan
It has increased weekly flights to nearly 170 flights to and from Hong Kong.
HA endorses 2025/26 corporate plan, budget
It focuses on increasing public housing supply and improving sustainability.
WORFU in North Point goes on sale via public tender
WORFU boasts a total gross floor area of approximately 210,000 square feet.
Fusion Bank, WeBank ink commercial cooperation agreement
Fusion Bank can utilise WeBank’s digital banking tech.
Hong Kong insurance premiums surge 12.2% in 9M 2024
The period already shows signs of a rebound from the 1.1% fall in 2023.
Employment, not prices, to weigh on Hong Kong banks’ loans
Banks will face ‘minor but manageable’ pressure on such portfolios.
AAHK unveils 'SKYTOPIA' airport city
AAHK said it plans to integrate commercial activities into the blueprint’s features.
Chartered Insurance, Metis renew partnership to advance HK professionals
In 2024, Metis sponsored the Certified Insurance Professionals Induction Course.
Overall recruitment slows in 2024 despite surge in applications: report
Applications per job ad surged by 81% during the year.
HK sees 3.6% decline in deal activity in 2024
Markets such as China, Singapore, and Malaysia also saw declines in deal volume.
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