News

HK’s economic growth to moderate to 2.5% in 2024: S&P Global

The per capita real GDP is forecasted to rise by 2.2% annually during 2025 to 2027.

HK’s economic growth to moderate to 2.5% in 2024: S&P Global

The per capita real GDP is forecasted to rise by 2.2% annually during 2025 to 2027.

HK commercial real-estate issuers under pressure amidst high interest rates, vacancies 

Still, valuation and funding risks remain relatively low for rated entities.

Govt signs pact to promote innovation of Chinese medicines

The partnership will utilise talent and technical exchanges.

Prudential ceases Hong Kong wealth business

It also closed down its wealth management platform in S’pore back in September.

Towngas backs i2Cool to boost product development and expansion

i2Cool’s products are being used in over 100 projects worldwide.

Gov’t OKs Pfizer’s dual indication vaccine vs. respiratory syncytial virus

This is the first bivalent, single-dose vaccine against RSV.

Short-term loans gain popularity in Hong Kong

Organic user traffic on a platform's urgent loan pages rose 36.7% over two years.

Health Bureau renews drug regulation agreement

The government will also establish a clinical trial facility in Hetao this year.

HK Express expands fare categories

There are now four fare options.

Mirxes reports $95.4m net loss ahead of IPO

Costs of R&D and administrative activities widened last year’s losses.

Govt receives 7 land applications for land sharing scheme

The applications can yield 32,000+ flats and 23,000+ public housing units.

Hongkong Land’s Central portfolio achieves LEED Platinum rating

The company owns 27% of Hong Kong's LEED EBOM Platinum-certified buildings in Hong Kong.

HKPC and HP to launch a 3D printing technology centre this year

The facility will focus on research and development of 3D printing.

Swire Properties’ HK office occupancy holds steady at 93% in Q12024

It also maintained nearly full occupancy at its Pacific Place with 98%.

Colliers names new HK valuation and advisory services head

Dorothy Chow's over 25-year career has solidified her reputation in the industry.