News

MSIG HK achieves highest claims settlement since 2020

Compared to the previous year, the claims settlement ratio was at 92.9%.

Cathay Group fully repays HKSAR government’s $19.5b investment

The group has also paid the government a total of $2.44b in preference share dividends.

HK and Laos ink 12 MoUs covering trade and education collaboration

Laotian students will receive public university scholarships from the HK government.

Hainan opens visa-free travel for Hong Kong-organised group tours

Tour groups are allowed to stay in Hainan visa-free for six days.

Investors target HK retail properties with yields over 5.5% amidst rate cuts

A recent transaction yielding over 5.5% is a ground-floor unit in the Prince Commercial Building.

Grade A office leasing stalls amidst economic woes

This exerts pressure on landlords to offer generous incentives. 

Hang Seng Bank’s profits up 1% to HK$11.3b in H1

Net interest income and net operating income both rose.

BOCHK to conduct system maintenance on 4 August

Some services will be unavailable until 12NN.

FWD and ESDlife debut health and wellness platform

The insurer saw health insurance claims surge last year by 18%.

AXA HK, Macau unveil new travel insurance via partnership

It offers coverage in personal liability of up to $260m.

2 in 5 Gen Zs, Millenials want to ditch their jobs thanks to financial stress

Both millennials and gen Zs in HK want wellness solutions in the workplace.

HKIA and SFC probe Tahoe Life's investment dealings

HKIA appointed last week joint and several managers to take control of the insurer.

AusMed and Merck collaborate on global diabetes care advancement

The partnership will streamline AusMed’s non-invasive breath ketone management system.