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Express News | China Communications Enterprise Association: To ensure the security and stability of the information communication industry chain and supply chain, caution should be exercised in purchasing American chips.
Hutchison Travel hutchgo partnered with FWD Hong Kong to launch the MAX Travel Shop travel platform.
Hutchgo has announced a collaboration with FWD Hong Kong to launch a new all-encompassing travel platform, MAX Travel Shop, on the travel services website Hutchgo. This platform provides the public with comprehensive and high-quality travel products and services, featuring flights from major airlines and hotels around the world, as well as various personalized travel packages and services, offering exclusive deals for FWD MAX members. Hutchgo's CEO, Ma Chung Kit, stated that this initiative targets FWD MAX members and potential customers, rolling out exclusive selected offers with long-term travel partners. FWD Greater China.
UBS Group: Uncertainties in Hong Kong stocks will intensify next year, adjusting the focus list of stocks.
UBS Group released a research report indicating that uncertainty in the Hong Kong stock market is expected to increase next year, facing a challenging environment, with target levels for the Hang Seng Index and MSCI Hong Kong at 0.02 million points and 8,400, respectively, reflecting overall flat index returns. The report states that the USA is still in a rate-cutting cycle, but UBS Group maintains a cautious stance due to the potential imposition of a 60% tariff on Chinese goods and the potential geopolitical tensions in China-US relations. The bank's economic team projects a slowdown in GDP growth for mainland China and Hong Kong. There is a risk of equity risk premium (ERP) expanding due to rising geopolitical risks, and the Hong Kong stock market faces multiple downward reassessment risks. The bank believes the market has not fully reflected this yet.
Express News | China's 6G Promotion Group Leader Wang Zhiqin: In June 2025, the technical standards research for 6G will be initiated.
Roland Berger: The growth of the entertainment and media industry in Hong Kong is expected to slow to 2.3% this year, with the OTT market becoming popular while print media fades.
PwC's "Global Entertainment and Media Outlook 2024-2028" predicts that the revenue of the entertainment and media industry in Hong Kong increased by 4.5% last year, with the market size expected to slow to 2.3% in 2024, reaching $12.87 billion. The compound annual growth rate from 2024 to 2028 is projected at 2.06%, with revenue expected to reach $14 billion in 2028. In the OTT market, Hong Kong has experienced rapid growth in the past two years, reaching $0.371 billion in 2023. It is expected that this market will continue to expand at a compound annual growth rate of 5.7% and reach $0.491 billion by 2028.
One PCCW Insider Raised Their Stake In The Previous Year
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