News

Gov't responds to potential IT system data leak

The incident was due to a data migration error.

Property interest surges as cooling measures end

Half of affluent buyers see improved property buying conditions.

Hong Kong restaurants saw 37% uptick in takeaways supported by food delivery aggregators

34% of restaurants attribute 30% of their revenue to delivery platforms.

Sun Life unveils new ESG-focused critical illness plan

The plan covers 188 illnesses and 38 complex surgeries.

HKIA welcomes World Bank’s second Cat bond, worth $150m

It will offer coverage against storm risks in Jamaica.

Hong Kong cap rates flat in Q1 2024

Overall, the removal of special stamp duties helped improve market sentiment and demand.

PwC and Xalts partner to promote tokenization in finance

The deal will allow both parties to leverage on business opportunities in blockchain technology.

Hong Kong extends green and sustainable finance grant scheme for 3 years

The grant scheme will also expand to cover transition bonds and loans.

Retail sales value dip by 7% MoM to $31.2b in March

Amongst retail outlets, "jewellery, watches and clocks, and valuable gifts" recorded the steepest decline.

Hapag-Lloyd adopts IQAX’s electronic lading billing technology

The move is seen to hasten the transition towards 100% paperless billing by 2030.

Hang Seng upgrades annuity plan

Only 22% of professionals felt confident about their retirement funds. 

Govt to raise protection limit of Deposit Protection Scheme

The protection limit will be increased by $300,000.

Property sales soar 97.1% MoM in March

March transactions posted a total consideration of $83.9b.

New law aids HK businesses against Mainland infringers

Reciprocal legal enforcement aids cross-border commerce.

Pacific Prime and MixCare partner for employee wellness in HK

Pacific Prime's customers will now have access to MixCare's platform.

Insurance incentives sweeten EV deal for consumers

Tax incentives and the introduction of charging stations are boosting the EV market.