Hong Kong
Citi Hong Kong unveils mobile account lock feature
Citi Hong Kong unveils mobile account lock feature
Customers can temporarily disable access to transaction services via the app.
DBS Hong Kong announces HK$350m green loan with Kwoon Chung Bus
This is the bank’s second SLL loan with the company.
Hong Kong's growth dips amidst high policy rates
The expansion will be driven by the recovery of tourism, and consumer spending.
Unethical conduct results in harsh HKIA ban
The agent was found pocketing a policyholder’s deposits, causing a policy relapse.
CBRE opens Expression of Interest for House D at The Peak sale
The property has an indicative price of $188m.
Giordano shareholders vote to oust CEO
Around 66.07% voted in favour of his removal.
Kaisa Group's loss widens to $21.8b despite revenue growth
In FY22, the company posted a $14.37b loss.
Parents' financial influence strong amongst Hong Kong adults
Nearly half of them (46%) are attempting to counteract their parents' bad habits.
Hong Kong authorities probe CLP Power for voltage dip incident
CLP Power Hong Kong was requested to submit a report regarding the incident.
HK sets guidelines for travel incentive scheme
Agencies can receive up to $400 in incentives under the scheme.
Cathay Cargo resumes Ho Chi Minh flights after 4-year pause
The flights will run every Thursday.
Share option adoption doubles, share awards quintuple in decade
Healthcare (58.7%) and IT (46.6%) sectors lead in share award adoption.
Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Ripple to issue US-backed stablecoin to bring more liquidity to XRP Ledger
The cryptocurrency will initially be available on XRP Ledger and Ethereum blockchains.
Home Prices see a slight rise after stamp duty cut
It rose 0.62% week-on-week from 11 March to 17 March.
HKTB and Traveloka collaborate to promote Hong Kong in Southeast Asia
Over 3.7 million of HK's visitors in 2023 came from SEA and East Asia.
Bonuses surge for Hong Kong financial professionals
Managing directors in Hong Kong received an average bonus of $3.5m in 2023.
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