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Hong Kong's AI adoption slowed by data and skill gaps
Over half of Hong Kong organisations have not yet deployed use cases that truly require AI.
Hong Kong's AI adoption slowed by data and skill gaps
Over half of Hong Kong organisations have not yet deployed use cases that truly require AI.
One Vista commercial buildings in Hong Kong’s New Territories go up for sale
The portfolio includes a 10-storey commercial block with retail podium and a 30-storey office building.
Retail sales decline 11.5% in May
The decline was due to the changes in consumer spending and the weakening Hong Kong dollar.
Hong Kong IPO market slated for resurgence in H2
PwC Hong Kong is “cautiously optimistic” for the market.
Hong Kong appoints review committee for public hospital system management
The committee will offer recommendations within three months to ensure quality healthcare delivery.
InvestHK aids 322 firms in expansion to Hong Kong
This brought $38.3b into Hong Kong’s local economy.
Bupa's $180m in cancer claims leads to new service
Cancer accounts for one in 10 health insurance claims.
Gov’t to to enhance trade services liberalisation with China
The new measures will offer Hong Kong businesses more opportunities in China.
New citizen travel card launched for Hong Kong & Macao permanent residents
The card will begin getting issued on 10 July.
Over 5,800 apply for light public housing
About 4,440 units will begin to be rolled out in Q1 2025.
Hong Kong IPO market plummets to lowest in two decades
IPOs in Hong Kong only raised $1.5b to date, 35.2% lower than in H1 2023.
Wages rise 3.9% in March
In March, 64% of companies reported wage increases.
Hong Kong Airlines launches new route to Xining
Beginning 8 July, the airlines will fly to and from Xining every Tuesday and Saturday.
Cathay Pacific launches direct flights to Ningbo
Direct flights will operate four times a week.
Mortgage applications in HK fall 16.1% in May
However, the value of mortgages approved rose by 8.8%, according to official data.
Total deposits in Hong Kong up 1.1% in May
Loans registered a decline, however, according to central bank data.
Dah Sing Bank unveils multi-currency debit card
It covers 11 currencies and has no annual fee.
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