Hong Kong
Are you a champion of innovation? Nominate for the Hong Kong Business Technology Excellence Awards
Are you a champion of innovation? Nominate for the Hong Kong Business Technology Excellence Awards
Calling all trailblazers and industry leaders! We are looking for companies pushing boundaries and achieving remarkable results in Hong Kong’s vibrant tech landscape.
Gov't to increase cigarette duty by $0.8 per stick
The proportion of tobacco duty in the retail price of cigarettes will rise to 70%.
HK enables retail investors to trade tokenised securities, boosting Web 3.0 growth
Prospectus and public offering regimes govern tokenised securities.
Gov't projects $48.1b deficit for FY24-25
For FY23-24, the government expects a deficit of $101.6b.
HK targets revenue boost through tax reforms, fiscal measures
Proposed measures include implementing a two-tiered tax regime for salaries and personal assessment.
Covered Call ETFs debut in HKEX
Mirae Asset Global Investments issued the new ETFs.
HKEX reports ‘second best’ revenue, profit in FY23
Revenue for the period was $20.5b, up 11% YoY.
Gov’t proposes a $500b borrowing ceiling for bond schemes
The government will move the resolution to the legislative council on 17 March.
Gov’t to launch over 5,000 flats for sale under 2024-25 programme
The land sales programme comprises eight residential sites.
Mortgage loans soar 15.1% MoM in January
The number of mortgage applications in January reached 6,523.
Experts call for stronger tax reliefs for individuals, enhanced family office tax breaks
An expanded family office tax concession regime seen propelling the city as global capital hub.
Government extends Green and Sustainable Finance Grant Scheme to 2027
It has so far provided subsidies worth $134m under the scheme.
Hong Kong Airlines resumes direct flights to Kagoshima, Japan
The airline will operate direct flights to the Japanese city starting 31 March.
Cathay eager for end-of-2024 commissioning of HKIA's Three-Runway System
The airline said the system will increase intermodal activity.
HTHK, Huawei ink MOU on 5.5G green strategy
The parties aim to reduce 400,000kg of CO2 emission yearly.
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
Gov’t to set up a 'digital identity of enterprises' platform
The cost for its establishment will be about $300m.
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