Hong Kong

Supply chain company Yunnan Energy slashes net loss by over 40%

The company will report its annual results by mid-March 2024.

SME business sentiment rises in February

Current diffusion index rose to 43.9.

Trade value to mainland dampens in 2023

Total exports to the mainland are 6.5% YoY.

Construction sector sees 4.2% growth in Q423, totaling $71.3b

Main contractors saw an 8.8% nominal increase in total GVCW, reaching $271.0b, in 2023.

Hong Kong property transactions down 3.7% in February: report

But value rose more than threefold, partly thanks to a sale of a shopping mall.

Yuen Long Town Lot No. 545 up for sale via tender

The tender starts on 15 March 2024 and ends on 28 June 2024.

New cargo clearance scheme launched in HK, Macau, Guangdong

Real-time monitoring of the cargo was conducted by customs in all three locations using e-locks and GPS technology.

Hongkong Land sees challenges in HK office, resilient retail: report

HK office reversion is expected to remain negative into 2024 whilst retail sees ongoing demand. 

New malls to boost MTR Corp’s revenue in 2024

Transpo operations are also expected to make stronger earnings contributions this year.

AXA HK opens women-centred health facility

In partnership with Chiron Medical Group, the centre offers a wide range of services for women’s health.

Hong Kong’s insurance premiums dip in 2023

Its long-term business witnessed a contraction, whilst its general segment registered growth.

Gov’t extends patient subsidies for another year

Subsidised consultations are capped at $2,175.

Gov’t approves gazettal of national security bill

The government aims to accelerate the passing of the bill.

Gov’t extends Rex Auyeung's term as MRTC chair

He will be chair until 31 December 2025.

Hang Seng Bank joins HKMA's Wholesale Central Bank Digital Currency Project

The project will expand the use of tokenised money in Hong Kong.

Interest in GBA retirement high, yet insurance needs underscored

An AIA Hong Kong survey showed nearly 40% of the respondents want to retire in GBA cities.