Hong Kong

Standard Chartered to apply for virtual bank license in Hong Kong

The move follows the publication of revised guidelines by the central bank.

The Dairy Farm wins Made in Hong Kong Awards for Personal Care

The company’s wet wipes product is dermatologically tested to provide ultimate care and confidence to even the most delicate skin.

Prenetics Limited wins Made in Hong Kong Awards for Healthcare

Their precision health programme, myDNA Pro, provides DNA-based reports to assess a user’s risk to three genetic diseases.

Venture Global Limited wins Designed in Hong Kong Awards for Security & Safety

Their long ranged wireless driveway alert provides users with a way to monitor and protect their households.

Ming Fai Group wins Designed in Hong Kong awards for Hospitality Products

The company’s Epure Dispenser lends support to hotels’ efforts at sustainability.

Mercedes-Benz Hong Kong unveils new C-Class vehicle

The Mercedes-Benz C 200 features state-of-the-art active driver assistance systems.

SFC imposes cold-shoulder order against Burwill Holdings chairman

For violating the Takeovers Code, Chan Shing will be denied access to the securities market for two years.

Banks wage war over fixed deposits as interbank lending rates surge

One-year HKD fixed-deposit rate is hiked to as high as 2%.

Bosses willing to hike salaries by 7.5% for top financial talent

Finance managers in the 95th percentile can enjoy as much as $720,000 yearly.

Government moves to reinvigorate film industry with land allocation

There will be a requirement to build cinemas in the Kai Tak and Sha Tin government land sales.

Hong Kong eyes $100b fund for green financing

The fund will be used to implement the Government Green Bond Programme.

Tourist arrivals up 11% to 5.3m in April

A continued recovery in Mainland tourism boosted monthly figures.

Government increases shareholding in HKEX to 6%

The move enables the authority to pitch in for HKEX’s development.

Digital revenues to hit US$5.8b in 2022 as consumers embrace mobile

The video games market is expected to be worth US$1b in four years time.

PMI plunges to 47.8 in May as orders dry up and costs mount

Companies turned to price discounts to offset sluggish sales.

Hong Kong's gender pay gap gets worse with age

Women in their 30s earn 11% less whilst those in their 50s earn 25% less than men.