Hong Kong

HKEX board names Carlson Tong as new chairman

His appointment is subject to CE Lee’s approval.

Hong Kong logs highest occupancy cost in APAC: Knight Frank

The occupancy cost in the city stood at $1,249.89 per square foot per year.

Delta Global partners with HK leaders on sustainable retail

Hong Kong consumers' environmental awareness has only increased by 25% over the past two years.   Luxury sustainable packaging expert Delta Global has partnered with Hong Kong's key sustainability leaders to form the Sustainable Retail Collective to help fashion retail brands improve their sustainability practices ahead of the Municipal Solid Waste (MSW) charging scheme.

HKIA alerts on fraudulent payment invoices

The HKIA not issue invoices for anything named "Insurance Authority Certificate" or "Capital Insurance Certificate." 

Cybersecurity risks loom over small enterprises amidst growth

Six in 10 enterprises lost time and/or money due to cyberattacks last year.

Hong Kong’s Mox Bank one of fastest growing digital banks worldwide

Mox has the 7th largest credit card book in the city and has 550,000 customers.

Chabaidao shares plummet 27% in HK debut

Analysts blame competition, weak sentiment for Chabaidao's disappointing debut.

Hong Kong pledges to drive APEC and ABAC goals

CE Lee said HK is eager to collaborate with ABAC firms.

Gov’t suspends contractors from tendering following fatal Sha Tin incident

Future and tender exercises that are not yet completed are covered by the suspension.

Prime office rentals in Hong Kong plunge 9.5% YoY in Q1 2024

Overall, the Asia-Pacific region's prime office rental market reported a 3.2% YoY decrease.

1 in 2 Hong Kong adults trying to break free from parents’ bad money habits

Adults have the tendency to mirror their parents’ money habits, both good and bad.

Consumer prices rise slightly in March

Prices rose 2%, higher than the average 1.9% increase for January and February.

Hong Kong updates growth charts for children and adolescents

Four sets of gender-specific growth charts were developed for children under 18.

AIA launches new health plans in Greater Bay Area

The three new plans offer compensation, home visits, and outpatient coverage.