Hong Kong

Hang Seng Indexes to capture growth in China’s consumption sector

The company launched two new indexes as it sees new growth in the sector.

HK’s wealth management business growth may attract China’s onshore investors

Onshore investors from China currently accounts for 10% of the asset and wealth management business in 2020.

Jobless rate likely to further drop next month

The unemployment rate has been declining for four consecutive months since March.

Hong Kong needs to 'drastically' increase land supply: FS

The housing issue exposes two major problems in the city – income and asset disparity.

Grade A Office vacancy rose to 9.5% in June: JLL

This compared to 9.4% in May as tenants relocated due to improvement in business sentiment.

Cathay Pacific completes end-to-end digital health pass trials

The trials involved two flights from Hong Kong to Singapore and vice versa.

HK hits back at US 'unfounded' national security law claims

The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.

Inflation rate picks up 0.7% in June

But at a slower pace compared to 1% in May.

Asset and wealth management business grows 21% to US$4.5t

The growth was attributed to the strong net fund inflows in 2020.

Hong Kong’s economy likely to grow 9.8% in Q2: MS

This is thanks to a low base year and growing external demand.

Over 750,000 ransomware attacks HK firms monthly

Ransomwares like Revil and TrickBot were the usual suspect.

Swire Properties, Jing’an partner to revitalise Shanghai district

The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.

What the new 'event premises' arrangement is all about

This will be in place for two weeks until 4 August.

AXA’s new HK student policy may cover up to $2m medical expense

The SmartStudent Overseas policy provides comprehensive protection for students abroad.