Hong Kong
GBA to form an online dispute resolution platform
GBA to form an online dispute resolution platform
The platform will integrate information and resources related to mediation and arbitration.
Gov't sets up Hong Kong Academy for Wealth Legacy
The institute will focus on four key areas.
6 in 10 employees want more support from employers on health and well-being
Employees cite five preferred elements of health programmes from employers.
Finance, consultancy, legal, and tech firms drive in-office catering
In 10M23, Deliveroo recorded a 33% YoY growth in average order value.
Hong Kong publishes revised code of banking practice
Institutions are expected to achieve full compliance within 6 months.
Two extreme typhoons push claims incurred to HK$1.9b – HKIA
Property damage and motor businesses were the two most affected lines of business.
HKIA seeks public input on subsidiary legislation for risk-based capital regime
This consultation comes after the implementation of the Risk-based Capital (RBC) regime.
Hong Kongers used credit cards more on average in Q3: study
Card origination volumes contracted, but average card limits are higher.
Swire Properties will buy back shares worth $6b from the open market
It will commence its buyback programme on 6 December.
Cathay buys back 50% of preference shares it issued to the gov’t
It plans to buy back the remaining shares by the end of July 2024.
Hong Kong’s Green Revolution: A New Era of Sustainable Development
Racing against the climate clock, Hong Kong is taking decisive action. With a bold goal to slash carbon emissions by 50% within the next decade, and a vision for carbon neutrality by 2050, Hong Kong is leading the charge in the battle against global warming.
HK’s total gross premiums dip 1% in the first nine months
Hong Kong’s long-term or life business experienced a contraction, whilst the general business witnessed growth.
Prime hotel, industrial building in East Kowloon up for sale
The properties are sold for $2.22b and $180m, respectively.
WTW taps new executive director of large accounts practice HK, Macau
Ellen Fung will focus on elevating the Hong Kong market across various lines of WTW business.
ESR applies to list logistics REIT on the Shanghai Stock Exchange
The REIT will handle three projects in Kunshan, Jiangsu Province.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
ING coordinates US$260m sustainability-linked loan for HK’s Hop Lun
Hop Lun designs and manufactures products for more than 200 brands.
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