News

HSBC Life reveals new leadership appointments

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.

HSBC Life reveals new leadership appointments

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.

Retail sales up 13% YoY to $31.8b in September

Online retail sales accounted for 11% of the total value.

Nine in 10 firms lost staff members in H1

Higher salary is still the top reason why people are changing jobs.

Government logs $177.7b deficit in H1

The government expenditure was $355.6b from April to September. 

Bank of China Hong Kong expanding e-HKD prepaid pilot to 50 products

It is now inviting customers to participate in the pilot.

1 in 2 Hongkongers hold ‘favorable’ views of virtual-only banks: study

45% have neobank accounts, and another 30% looks to sign-up over the next 3 months.

More than 150 positions open in GBA fintech internship

Successful applicants will get a monthly subsidy of $12,000.

7 in 10 GBA firms mull adopting more green products and services: study

About 70% consider using more green products and services over the next 2 years.

BOCHK warns customers of two fraudulent websites

Customers who used these sites are strongly urged to contact BOCHK immediately.

Business community welcomes 2023 policy address

HKTDC and HKPC have vowed to support measures laid out by the government.

Gov't unveil plans to reinforce HK's status as a financial and trade centre

Increasing trade with markets involved in the Belt & Road initiative will be a priority. 

Bank of East Asia’s Mongkok Branch to operate on weekends

It will be open from 1PM to 5PM on Saturdays and Sundays until 31 December.

HKFI approves of HKSAR policy address

The chief executive acknowledged the vital role of marine insurance in terms of maritime services.

Gov’t allocates $10b for new industrialisation scheme

The fund will cover technological, creative, legal, and economic development initiatives.

Gov't eases property cooling measures 

The adjustments include a reduction of the buyer's stamp duty to 7.5%.

Gov't on track to reduce waiting time for public rental housing

The government said that it has identified sufficient land to meet demand from 2024 to 2025.