Staff Reporter
Klook secures $779m in new round of funding
Klook secures $779m in new round of funding
This aims to drive its next phase of growth and innovation.
HK requires mediation clauses in government contracts
The new policy takes effect starting February 12.
30% of Hongkongers want new medical insurance in 2025
Four in five of Hong Kong residents already have medical insurance.
Rich Hong Kong families focus on savings but lack strong plans: survey
These families set a savings goal of $18m, which includes retirement planning and medical insurance, amongst others.
Construction cost in HK could rise by up to 1%
Globally, construction costs are set to rise by up to 7%.
Hang Seng amongst first to execute offshore RMB bond repurchase
It leverages eligible onshore bonds held under the Northbound Bond Connect scheme as collateral.
Tai Wai industrial building up for sale via public tender
It has a total gross floor area of approximately 236,148 square feet.
Negative sentiments dominate over one-third of money talks amongst Hongkongers
Younger people are more cautious indiscussing financial matters.
DFI Retail names new CEO of 7-Eleven in South China, Hong Kong, Macau, and Singapore
He will lead the brand’s strategy and operations in these markets.
Residential market recovery is set to slip—S&P Global
Weak liquidity, developer distress, and fragile sentiment are weighing on recovery.
Hong Kong lodges WTO complaint over 10% US tariff on imports
The government said the tariffs are grossly inconsistent with the relevant WTO rules.
22 landlords fined $42K for violating tenant protection laws
Two joint landlords committed five offences relating to unauthorised payments.
Gov’t, PolyU collaborate on green innovation in correctional institutions
The institutions will develop initiatives in the next five years.
Gaw Capital Partners and Patience Capital Group acquire Tokyu Plaza Ginza
Gaw Capital holds 91% of the joint venture, with PCG owning 9%.
Hong Kong to reopen 10-year RMB government bonds in February tender
It will mature on 20 November 2034.The Hong Kong Monetary Authority (HKMA) has announced a tender for 10-year renminbi (RMB) government bonds under the Infrastructure Bond Programme.
HKMA to tender $1.6b in 2-year bonds on February 13
The bonds carry a 2.04% annual interest rate.
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