39 h. ago Number of registered companies in Hong Kong reaches record 1.56 million in 2025

Hong Kong’s corporate landscape expanded to unprecedented levels last year, with the total number of local registered companies reaching a record of nearly 1.56 million by the end of 2025. “By the end of 2025, the total number of local companies and redomiciled companies registered under the Companies Ordinance increased by 96,609 compared with 2024, reaching 1,557,103,” the Companies Registry said in a statement on Friday, noting that it was “an all-time high figure”. Among the total in 2025,...

Politics

60 h. ago Hong Kong employee insurance costs to jump 15% amid surge in day procedures: study

More Hong Kong employees are seeking to have minor day procedures covered under the inpatient services of their group medical insurance, a joint study has found, while projecting a near 15 per cent increase in employers’ premiums this year. The findings, published in the Hong Kong Employee Medical Insurance Index, were released on Thursday by the Hong Kong Polytechnic University in collaboration with corporate employee benefits and MPF consultancy GUM. The index, which tracks data from Hong...

Politics

3 d. ago ‘One of a kind’: tributes pour in for David Webb, Hong Kong’s ‘voice of integrity’

Hong Kong activist investor David Webb, who has died aged 60, has been remembered for his integrity, courage and rigour as a “true pioneer” of the city’s corporate governance. Tributes have poured in online for Webb, who died in Hong Kong on Tuesday of metastatic prostate cancer. He revealed his diagnosis in 2020, saying at the time that one of his final wishes was to live beyond 60. The Hong Kong Securities and Futures Professionals Association said on Wednesday that Webb was deeply respected...

Politics

4 d. ago Hong Kong corporate governance activist David Webb dies at 60

David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic prostate cancer. A notice posted on one of his social media accounts confirmed his death on Tuesday. He is survived by his wife and two children. “It is with great sadness that we share that David M. Webb MBE passed away peacefully in Hong Kong on Tuesday January 13, 2026 from metastatic prostate...

Events

2 w. ago China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for drug discovery

Biotech firm Insilico Medicine, backed by the Hong Kong Investment Corporation (HKIC), is building a “digital Einstein” to revolutionise how scientists discover new medicines, and plans to continue expanding its research base in China to stay ahead of global rivals after its Hong Kong listing on Tuesday. “Biotechnology is a high-risk field like a ‘molecular casino’,” said founder Alex Zhavoronkov. “Even with artificial intelligence, you can lose 90 per cent of the time.” The 11-year-old company...

Events

3 w. ago HKIC ends year on high note but Hong Kong cost of living a drawback for attracting talent

The success of the government’s Hong Kong Investment Corporation (HKIC) in establishing an ecosystem for start-ups to raise funds has put a damper on the Christmas plans for employees of some local venture capital (VC) firms. “After partnering with the HKIC, the number of deals we are working on this year has tripled compared to last year,” said David Chang, founder and CEO of leading VC firm MindWorks. He added that 2025 was one of the busiest years for the firm since its establishment 11 years...

Politics