News
HK and Laos ink 12 MoUs covering trade and education collaboration
Laotian students will receive public university scholarships from the HK government.
Hainan opens visa-free travel for Hong Kong-organised group tours
Tour groups are allowed to stay in Hainan visa-free for six days.
Investors target HK retail properties with yields over 5.5% amidst rate cuts
A recent transaction yielding over 5.5% is a ground-floor unit in the Prince Commercial Building.
Grade A office leasing stalls amidst economic woes
This exerts pressure on landlords to offer generous incentives.
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
FWD and ESDlife debut health and wellness platform
The insurer saw health insurance claims surge last year by 18%.
AXA HK, Macau unveil new travel insurance via partnership
It offers coverage in personal liability of up to $260m.
HKBU develops more accurate way to inspect sulphur-treated food, Chinese herbal medicine
This approach uses tryptophan sulphonate.
2 in 5 Gen Zs, Millenials want to ditch their jobs thanks to financial stress
Both millennials and gen Zs in HK want wellness solutions in the workplace.
HKIA and SFC probe Tahoe Life's investment dealings
HKIA appointed last week joint and several managers to take control of the insurer.
AusMed and Merck collaborate on global diabetes care advancement
The partnership will streamline AusMed’s non-invasive breath ketone management system.
Half of restaurants expect a summer takeaway surge
In response, restaurants are curating summer menus.
Hong Kong to establish centre for rare diseases in Hong Kong Children's Hospital
The upcoming facility will be located in the Hong Kong Children’s Hospital.
Insurance authority intervenes amidst Tahoe Life financial woes
Despite appointing advisors in 2023, the insurer failed to provide deliverables.
Eddie Yue reappointed chief exec of Hong Kong central bank
His annual fixed pay is $7.4m for the five-year term.
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