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Link REIT's 6-month net property income rises 10.4%
The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.
Link REIT's 6-month net property income rises 10.4%
The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.
SFC grants SEBA HK full license for crypto-related services
SEBA can now deal in and distribute securities in Hong Kong.
Manulife HK, Macau’s APE sales and core earnings grew more than half YoY
Higher demand in the mainland prompted this robust growth.
Commercial property investment volume rises 44% YoY to US$1b in 3Q23
Year-to-date, however, volume fell by 7% YoY to US$5b.
2023 GDP growth to be above 3%: FS Chan
Export of services will be the main growth driver for the rest of the year.
Foreign currency reserves hit US$416b in September
It increased from the US$415.7b record in September.
Hong Kong  real wages to rise by 1.7% in 2024Â
Next year's growth is slightly lower than 2023's record.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
HKIA imposes five-year ban on ex-insurance agent
The former agent mishandled and misappropriated premium payments from two policyholders.Â
ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY
VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.
Visa launches updated security roadmap for Hong Kong
Amongst initiatives include reduction of SMS OTP reliance and adoption of tokenisation.
Prudential’s new business sees 37% profit growth IN 9M23
It grew to $2.14b, year-to-date.
Property sales down 24.5% MoM in October
Year-on-year, sales dropped 33.9%.
BOCHK net income up 20.8% to US$6.21b in 9M 2023
Net interest margin rose 36 basis points during the first nine months of 2023.
GDP up 4.1% in Q3: advanced estimates
Tourism and private consumption will underpin growth; exports remain weak.
No changes to Hang Seng Bank’s HKD prime lending rate
Its HKD savings deposit rates also remain unchanged.
Bank of China Hong Kong keeps HKD prime rate, deposit rate steady
Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate.
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