Jaleen Ramos

FWD’s HK, international IPO tranches over-subscribed

The Hong Kong retail tranche was oversubscribed approximately 37 times.

Critical infrastructure cybersecurity law to take effect 1 January 2026

The notice goes to LegCo for negative vetting on 2 July.

Mortgage loans approval up 5.3% in May

The number of mortgage applications also rose 5%.

Adrian Cheng resigns from New World Development board

He is leaving to focus on public service and personal commitments.

HK passes bill to tighten oversight of self-financing colleges

It aims to improve governance and transparency across the sector.

Consumer prices up 1.9% in May

Underlying inflation rate stood at 1%

Unemployment rate up 3.5% from March to May

The underemployment rate also inched up to 1.4%.

Xiaohongshu opens first overseas office in Hong Kong

It will help connect global brands with Chinese consumers.

Foreign currency reserves rise to US$431b in May

Including unsettled FX contracts, reserves were US$430.9b in May.

Gov't appoints new SFC advisers, renews 7 terms

New term runs from June 2025 to May 2027.

First Women Wellness Satellite opens in Chai Wan on 12 June

It includes consultation rooms and health assessment areas, and a health education space.