Hong Kong

HK insurers’ Q1 premiums mounts $22b in premiums

On a year-on-year basis, it climbed 12.2%.

KPay’s unified payment solutions platform propels SME growth

After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.

HK amongst areas with costliest office fit out in APAC

Office fit-out costs $1,149 psf on average. 

Scrapping of cooling measures fails to lift housing market

The volume of residential transactions over $50m in February fell 28.6%, MOM.

OFCA launches labelling scheme to boost 5G indoor coverage in buildings

It will push mobile network operators (MNOs) to improve 5G network coverage indoors.

Dr. So Wing-yee named hospital chief executive of North District Hospital

She brings extensive experience in healthcare management at corporate and cluster levels. 

Investment banking layoffs intensify as IPOs and M&As dwindle

No, they are not headed to Singapore to hunt new jobs.

Fixed comm services revenue to grow 2% in 5 years

This is thanks to the fixed broadband service segment. 

Hongkong Land surpasses halfway mark in 2030 carbon reduction target

It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.

Retail rents under pressure as sales dip in May

Prime retail street rents, however, have gained momentum.

Credit Data Smart ushers in new era of credit scoring

It’s expected to promote healthy competition and improve credit knowledge of locals.

Hong Kong Investors wary of insurer growth divergence

IFRS 17 tends to undervalue savings contracts, Jefferies noted.

Prudential Hong Kong forms alliance with 7 local hospitals

This partnership aims to build a healthcare ecosystem in Hong Kong.

Fintech Aspire clinches money service operator license in Hong Kong

It aims to facilitate cash management and money transfers of local SMEs.

CA greenlights TVB's share structure change with GF Global

The company will allot 8.7 million shares to the finance firm.