News

Hong Kong Gov't issues 2.4m tax returns

Hong Kong Gov't issues 2.4m tax returns

Reductions from the amended Inland Revenue would reflect in their tax returns.

Specialist tech companies to be included in Hang Seng Family of Indexes

But the Hang Seng Index and Hang Seng China Enterprises Index will not be included.

Property transactions fell 33.1%

On a yearly basis, it grew 18.6%.

Tender prices in HK construction market to grow 4.0% in 2023

The city's post-pandemic appetite for megaprojects might raise the prices for materials and labour.

HK economy grows 2.7% in Q1 

Q1 ended the four consecutive quarters of GDP decline.

Gov't opens northbound travel to Guangdong for private vehicles

Approved applicants can now travel between the city and Guangdong starting 1 June.

What's in? SHOPLINE unveils 4 trends in HK's e-commerce market

The platform said online shopping is steadily growing as its merchants reached over 3.35 million customers in 2022.

Hong Kong banks reminded they may engage with virtual asset entities: central bank

There have been more comments from foreign firms on the difficulties of opening a bank account.

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

Hong Kong’s livi bank records HK$17m operating income

Its loan balance has surpassed HK$1.3b as of end 2022.

Hong Kong’s residential mortgage loans in red decreases to HK$34.4b

The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.

Private flat supply to hit 107,000 in 3-4 years

The latest projection is 2,000 more than the previous estimate.

Bank of East Asia extends Saturday hours of three select branches

The branches can provide personal account opening and general enquiry services.

Hong Kong Airlines clinches investment fund for restructuring

The restructuring will help the airline expedite its business recovery.

HKEX income went up 28% YoY in Q1

The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.