News

Gov't extends application for land sharing scheme to May 2024

The extension allows project proponents to prepare and submit the required information for their application.

Commercial property sales drop 38.6% MoM in April

Cash-rich business owners drove transactions for the month.

Foreign currency reserves hit US$427.4b in April

It dipped from the US$430.8b record in March.

HK, Brunei join hands to strengthen dispute resolution

The cooperation would further promote HK as a centre for international legal and dispute resolution.

HKEX launches Swap Connect

The programme will forge connectivity between the capital markets of Hong Kong and China.

Hong Kong, Mainland tie up for mutual access interest rate swap markets

This will allow overseas investors from HK and others to trade in the Mainland market.

Dah Sing Bank raises deposit rate and prime rate

The deposit rate is now 0.75% per annum.

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links.

BOCHK raises prime lending rate to 5.75%

The HKD savings deposit rate was also adjusted.

Hang Seng Bank changes its board composition

Michael Wu Wei Kuo retired as the Independent Non-executive Director.

DBS Hong Kong launches WMC Northbound scheme

Investors can invest in products from Mainland fund managers using the new scheme.

Hang Seng increases HKD prime rate and savings rate starting 5 May

Amongst considerations in the adjustments is interbank rates.

Hong Kong Monetary Authority raises base rate to 5.5%

The growth came from a 25-point upward adjustment or a 3.28% average HIBORs.