Hong Kong

HK-listed Chinese banks deliver 23% higher returns in 8M 2024

Major banks’ plans to distribute interim dividends lifted market sentiment.

AIA Group's cutting-edge infrastructure and analytics earn prestigious HKB Technology Excellence Awards 2024

Its TDA initiative has been implemented to support the company’s vision of modernising the organisation and gaining advantage through advanced solutions.

Gov't introduces 5% concessionary tax for IP development

The initiative aims to stimulate the commercialisation of IP.

CashOn to explore digital currency lending matching services

It signed a strategic cooperation memorandum with Wuxi Huishan (Shenzhen) Innovation Center.

Hong Kong adopts hybrid legislative for tax regulation revisions

This will take effect for fiscal years beginning on or after 1 January 2025.

IDA bags $46.8m funding to launch first fiat-referenced stablecoin

The firm anticipates mainnet launch before year-end.

Property sales down 10.1% in August

Total consideration for residential units was $28.5b.

HK implements advance flight info system to boost border control

A rollout phase will be implemented to allow over 100 operators to connect to the system.

Housing Bureau launches light housing aid scheme

It will provide allowances ranging from $1900 to $12,550.

MTR Corp. records low property cash since 2017

S&P expects property development cash inflows to reach $1.5b to $2b yearly.

Mannings demonstrates remarkable marketing strategies through AI-driven solutions, first-party data

Its AI personalisation journey has stood out and has yielded exceptional results.

Cash-rich investors gain leverage as Hong Kong property prices fall

Investors are snapping up properties at prices that are up to 69% lower than historical highs.

CSSA provides $500 subsidty to disabled employees

They will provide an additional $500 subsidy per month.