News

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

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. 

Ping An’s profit dips in Q1’24

Earnings per share were down 4.6% for the quarter.

4 in 10 Hong Kongers use alternative payments for online purchases

Online payment modes and payment cards are most preferred by Hong Kong shoppers.

Hong Kong investment bankers risk losing jobs as banks cut costs: report

About 200 bankers in the city have reportedly lost their jobs in the past year.

SMEs embrace cybersecurity insurance, 71% open to purchase

More (30% vs 24%) SMEs experienced cyberattacks in 2024.

HK and Saudi Arabia strengthen dispute resolution collaboration

The Department of Justice plans to visit to promote HK's legal services.

Firms slash energy usage by 19% with hybrid workspaces

Those who reduced office space by 26%-50% saw a significant reduction.

Hong Kong and Macao discuss cross-market insurance issues

Discussions included topics such as the sale of life insurance products to MCVs.

CLP Power and AirTrunk launch Largest REC procurement for Microsoft

This will support Microsoft’s full RE target by 2025.

New measures boost capital markets access between China and Hong Kong

Chief Executive John Lee said the measures are vital in improving Hong Kong’s financial markets.

Cathay Pacific's March passenger volume up 42.4% YoY 

The airline carried 1.88 million passengers.

Hang Seng Bank warns against phishing email

The emails lead to a fraudulent website that may request their bank or card information.