Staff Reporter

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.