Hong Kong
Hong Kong hits lowest maiden listing volume since Q1 2023
In Q3, the market only raised US$886m.
Hong Kong M&A deals fall 38.6% YoY in 9M24
It marked the lowest 9M record since 2012.
Wantian partners with Hin Sang to expand in the functional food market
The partners plan to establish 100 health soup chain stores within three years.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
HK halts poultry imports from parts of US due to bird flu outbreak
The decision follows a WOAH notification about outbreaks in California and Florida.
Mobile operators can soon install facilities without fees in new buildings
This is effective starting 1 April 2025.
Labour Department revokes licence of JB Employment Agency in Kwun Tong
This marks the first instance of an EA licence being revoked in 2024.
Sun Life wins HKB Technology Excellence Awards for MPF mobile apps
This achievement highlights the company’s commitment to enhance user experience, drive efficiency, and adapt to changing needs.
Sun Life Hong Kong sees over two-fold APE in H1 2024
It outperformed the industry’s overall growth of 29%.
Shaw Brothers raises stake in TVB to 25.02% with CA approval
TVB allotted 20 million new shares to Shaw Brothers.
ZA narrows net loss, sees 46% net revenue rise in H1
Total assets and net interest margin grew during the first half of 2024.
Hong Kong IPO proceeds surge 116.65% in 9M24
Chinese companies dominated new listings in Hong Kong.
Minimum wage for domestic helpers to increase by 2.5%
It will apply to all contracts signed on 28 September.
PwC urges Hong Kong to adopt three-pronged approach for financial resilience
The strategy focuses on recouping capital, enhancing enterprise and talent attraction, and embracing opportunities in the digital economy.
HK approves draft of Kwun Tong development scheme plan
It will provide a statutory land use planning framework.
Chan promotes Hong Kong’s financial sector in UK visit
He highlighted that Hong Kong’s financial markets are undergoing reforms.
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