Hong Kong

Startup enables business to capitalise on regulatory changes with predictive insights

Bilby.AI predicts regulations by tracking over 100,000 entities in China.

60% of HK-based Japanese companies eye expansion of RCEP operations

RCEP markets, including Japan, accounted for 71% of HK’ total merchandise trade in 2022. 

Number of applications for business support fund rising amidst return to normalcy

As of February 2023, HKPC approved around 5,700 applications.

8 in 10 SMEs say getting credit approval 'easier' in Q1: HKMA

Some, however, perceived the process to be "more difficult."

Gov't extends application for land sharing scheme to May 2024

The extension allows project proponents to prepare and submit the required information for their application.

Commercial property sales drop 38.6% MoM in April

Cash-rich business owners drove transactions for the month.

Foreign currency reserves hit US$427.4b in April

It dipped from the US$430.8b record in March.

HK, Brunei join hands to strengthen dispute resolution

The cooperation would further promote HK as a centre for international legal and dispute resolution.

HKEX launches Swap Connect

The programme will forge connectivity between the capital markets of Hong Kong and China.

Hong Kong, Mainland tie up for mutual access interest rate swap markets

This will allow overseas investors from HK and others to trade in the Mainland market.

Dah Sing Bank raises deposit rate and prime rate

The deposit rate is now 0.75% per annum.

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links.

BOCHK raises prime lending rate to 5.75%

The HKD savings deposit rate was also adjusted.

Hang Seng Bank changes its board composition

Michael Wu Wei Kuo retired as the Independent Non-executive Director.