News
Bank of East Asia extends weekend business hours in three branches
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates
Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.
Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s
The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity.
SME’s business outlook softens in May
The tighter financial conditions will affect business sentiment in the near future.
Patek Philippe has inaugurated the grand exhibition “Watch Art” Tokyo 2023
The exhibition is open from 10 to 25 June 2023.
Green residential demand to rise in long run: JLL
Studies showed that green residentials have a resale premium of 5-10%.
Service industry reports double-digit increases in Q1 2023.
Accommodation services saw the most increase at 84.5%.
Value of Hong Kong's exports, imports to mainland down in Q1
Total exports to the mainland is 31.1% lower in value compared with Q1 2022.
Hang Seng Bank to launch RMB counter on 19 June
The bank’s shares will be designated as dual counter securities by the stock exchange.
8-storey building on Kwa Wan Road, Kowloon sells for $1.071b
New Fortress Investment Limited won the auction.
Office demand to remain subdued in 2023: JLL
Given the situation, rents will likely fall by 3%-5% this year.
Here are two factors impacting workplace productivity in HK
A report showed that workers will return to the office if they have their dedicated space.
‘Gradual’ IPO market recovery seen in second half: PwC
IPO fundraising continued to be slow in the first half of the year.
What are the 3 main challenges faced by family offices in Hong Kong?
Almost 50% of APAC family offices are headquartered in Hong Kong and Singapore.
Standard Chartered to cut jobs in Singapore, Hong Kong: report
The bank reportedly aims to save about $1.35b by 2024.
HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong
Users will be able to utilise the digital logistics platform and choose extended payment terms.
More than 60% of Hong Kongers receive pay hikes: report
The average increase stood at 4.1%, the highest in the last four years.
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