Staff Reporter
Arrowpoint reportedly to raise US$400m in fresh funds
Arrowpoint reportedly to raise US$400m in fresh funds
The hedge fund is estimated to be on course towards US$2b of assets by the end of 2026.
21-storey residential building up for sale in Hung Hom, Kowloon
The property has an estimated value of $200m.
Hong Kong healthcare sector hits $3.4t market cap as of June
This is three times the $1.12b (US$144b) recorded at the end of 2017.
Hong Kong Insurance Authority urges joint effort in risk management
HKIA highlighted its ongoing collaboration with insurers and academics.
HK exceeds family office target ahead of schedule
Over 200 family offices set up or expanded in the region.
Majority back HK for transition finance, carbon markets, regional vehicles
Labelled sustainable-bond issuance across Southeast Asia and the Greater Bay Area has surpassed $2.34t.
Hong Kong’s PAObank to offer free travel insurance to new customers
New customers must use the referral code "PAOBPR" to avail of the insurance.
Alipay+ Voyager customers can book Grab rides in their e-wallets
The service is available to users of Alipay, AlipayHK, and GCash.
Hanison Construction, JV partner sell The Connaught holding firm for $410m
The group expects the deal to result in a loss of about $177m.
HKUST, French companies ink MoU on low-carbon retrofit pilot project
The pilot will retrofit an existing HKUST building to improve energy efficiency.
How VR and AR are transforming video content strategies
The next wave isn’t going to replace video, but elevate it into an immersive experience that resonates with Hong Kong.
LandsD, PolyU to drive geospatial and smart city development
Both parties will establish a Joint Research Centre.
FWD Insurance to purchase all outstanding notes of US$900m subordinated notes
It is also issuing new USD subordinated dated capital securities.
Hospital Authority tests drone delivery of medical supplies
The flight takes about 20 minutes compared with existing transport.
DKSH expands in HK, Macau amidst stronger Suntory partnership
DKSH will now provide full distribution services for Suntory Wellness products.
Foreign currency reserve declines in August
Foreign liabilities amounted to $31.7b.
HK, Mainland ink MoU on tropical agriculture cooperation
The agreement also establishes mechanisms for talent exchange and innovation.
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