News

Uber riders can now pay through AlipayHK

Brand-new AlipayHK and Uber users may claim promos and discounts.

Uber riders can now pay through AlipayHK

Brand-new AlipayHK and Uber users may claim promos and discounts.

HK halts import of poultry meat and products from certain US areas 

In 9M23, HK imported 21,740 tonnes of chilled and frozen poultry meat from the US.

HK Express offers $2 flights to senior citizens

The promo will run from November 15-19.

HK’s deal volume drops 22.5% YoY in January-October 2023 period

The decline in deals was also observed across multiple APAC markets.

Five in 10 AI companies in HK mull local and int'l expansion

Of those seeking expansion, 11% want to focus their business on the Mainland.

Hong Kong emerges as 2nd highest-paying city for marketers

The average annual marketing salary in Hong Kong is $756,359.04 (£79,155.27).

Link REIT's 6-month net property income rises 10.4%

The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.

SFC grants SEBA HK full license for crypto-related services

SEBA can now deal in and distribute securities in Hong Kong.

Manulife HK, Macau’s APE sales and core earnings grew more than half YoY

Higher demand in the mainland prompted this robust growth.

Commercial property investment volume rises 44% YoY to US$1b in 3Q23

Year-to-date, however, volume fell by 7% YoY to US$5b.

2023 GDP growth to be above 3%: FS Chan

Export of services will be the main growth driver for the rest of the year.

Foreign currency reserves hit US$416b in September

It increased from the US$415.7b record in September.

Hong Kong  real wages to rise by 1.7% in 2024 

Next year's growth is slightly lower than 2023's record.

Hong Kong cap rates increase in Q3

The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.

HKIA imposes five-year ban on ex-insurance agent

The former agent mishandled and misappropriated premium payments from two policyholders. 

ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY

VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.

Visa launches updated security roadmap for Hong Kong

Amongst initiatives include reduction of SMS OTP reliance and adoption of tokenisation.