News

Passport applications reach record high in 2023

Passport applications reach record high in 2023

The government received more than 1.45 million passport applications last year.

AIA’s China expansion to enhance earnings diversity in long run: analyst

But capital buffers may narrow due to dividend payout and share buyback schemes.

Gov’t issues $6b digital green bonds

The two-year bonds are under the Green Bond Programme.

Sun Life posts growth in Q4’23, Asia’s individual sales driven by Hong Kong market

Regional office expenses and other factors resulted in a net loss of $12m.

bolttech unveils travel insurance through FWD

Cancellations for any reason is covered by the plan.

Hong Kong mulls raising deposit protection limit to HK$800,000

The raise is 60% higher than the previous protection limit of half a million dollars.

Foreign investments in China down to 18-year low in 2022

One of the primary hurdles is the language barrier.

CPA Australia urges Hong Kong to enhance business competiveness in budget

The committee also expects Hong Kong to address the deficit in Budget 2023-24

What to expect in Hong Kong's real estate market this year

Looming new office supplies will drive up vacancies.

HKIA issues $5b retail bonds at 4.25%

The bonds have a tenor of 2.5 years.

What work benefits do Hong Kong tech professionals prefer?

Demand for flexibility remains strong in Hong Kong’s tech industry.

Prudential HK makes new appointments in management

Liang Huijia and Cai Mingxiong began their terms last December.

DBS opens 15,000 sqft Treasures Centre at 18 Queen’s Road Central

It will have a team of WM professionals to provide HNWIs with wealth solutions.

Hang Seng Bank names ex-Ping An deputy chief exec as new general counsel

Mabel Chu served as deputy chief executive (functions) of Ping An OneConnect Bank.

Private flat supply estimated at 109,000 units in next 3-4 years

The new estimate is 2,000 more than the previous forecast.

InvestHK assists over 300 overseas and Mainland firms in 2023 

The expansions brought $61.6b in investment to HK's economy.

HKIA applauds Article 23 consultation for legal enhancement

This initiative hopes to improve the legal regime of the industry in Hong Kong.