Xander Ceballos
Visa launches Click to Pay digital checkout service in Hong Kong
Visa launches Click to Pay digital checkout service in Hong Kong
The solution aims to offer a faster and more secure experience for both consumers and merchants.
Hang Seng Bank raises Sustainability Power Up Fund to $120b
About 70% of the utilisation went to sustainability-linked loans.
Security Bureau convenes task force to tackle illegal employment
Key focus areas include developing response strategies, improving intelligence gathering, and information sharing.
Hong Kong IA flags poor calibration in insurers’ recommendation engines
The IA also advised insurers to base rule settings on historical case data.
Hong Kong may surpass Switzerland as top cross-border wealth hub in 2025
BI also projects cross-border wealth managed in Hong Kong to grow by 12% annually over the next five years.
Hong Kong rolls out first hydrogen-powered street washing vehicles
Each truck is equipped with six hydrogen cylinders and can be refueled in approximately 15 minutes.
Government passes BHU Bill to regulate subdivided units
Only SDUs that obtain BHU recognition will be permitted for lease.
Hong Kong establishes aviation superhub advisory body
It is tasked with delivering strategic advice on aviation policy.
HSBC Hong Kong names Industrial Bank as third Mainland WMC partner
HSBC’s Southbound offering includes more than 200 products.
Hong Kong ranks third globally in GFCI 38
It also outpaced all Asia-Pacific markets in the Global Financial Centres Index.
Pay and job security trump work–life balance for HK workers
The share of professionals who cited work–life balance as a key reason to stay with their employer fell in 2025.
HK tightens corporate governance with revised code
The revised CG Code introduces more comprehensive Mandatory Disclosure Requirements.
Hong Kong wages rise 3.5% in June
However, unadjusted figures show a 7.5% drop in nominal payroll and a 7.2% drop in real payroll.
Hong Kong bidders lead APAC real estate M&A by value in H1
One of the standout deals was the acquisition of upper floors and retail space at One Exchange Square.
Hong Kong to launch first low-altitude economy tech hall
The Tech Hall will also serve as a policy testing space under the Low-altitude Economy Regulation Sandbox.
Grade A offices log 313,800 sq ft net take-up in August
Overall Grade A office rents falling just 0.2% MoM, the slowest rate of decline so far in 2025.
Over half of retirees plan finances only a year ahead
60% of respondents prioritise managing daily expenses.
Commentary
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