News
Gov’t logs $172.9b deficit
The figure covers the first seven months of the current financial year.
Prudential HK teams up with local hospitals to launch new cancer service
It offers exclusive medical concierge services, amongst other benefits.
HK greenlights foreign gains tax bill
The government will implement the refined FSIE regime on 1 January 2024.
HKEX mulls launch of China Treasury Bond Futures
The plan is still subject to regulatory approval.
HKEX, China Beijing Green Exchange sign MOU on green initiatives
Promoting sustainable finance will be one of the agreement’s focuses.
HK signs cooperation pact with Beijing
The parties will cooperate in 11 areas.
China Resources Bank, GienTech to advance fintech solutions in GBA
Their strategic alliance will introduce advanced financial infrastructure to drive innovation and elevate operational efficiency in the Greater Bay Area.
AstraZeneca unveils new R&D centre in Hong Kong
The R&D centre will focus on cell and gene therapy studies.
Gov’t inks food products pact
The agreement will cover three major food categories.
6 in 10 transport and logistics players report environmental requirement gaps with clients
The environmental requirement gap between players and clients is 12%.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Grade A office vacancy rates dropped to 12.6% in October
Kowloon saw the most significant improvement in the vacancy rate.
Hong Kong banks lead adoption of Generative AI: survey
This contrasts with their attitudes towards AI more broadly.
CLP Power allocates $25.7m for energy conservation programme
It will also provide power subsidies to underprivileged people.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
Cathay Pacific records a 320.2% increase in passenger traffic in October 2023
Cargo load factor saw an 8.7% decrease.
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