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Gov’t sets aside $4.3b to support IP trading and creative arts branding
Gov’t sets aside $4.3b to support IP trading and creative arts branding
The IP trading and the creative industry received funding of $45m and $4.3b respectively.
Hang Seng Bank expresses support of budget measures for SME, financial market
Amongst initiatives were the advancement of digital finance and support for SMEs.
Budget 2024-25: Gov’t cuts salaries and profits taxes
The government will reduce salaries tax for the 2023-24 tax year by 100%, subject to a ceiling of $3,000.
One Causeway Bay to be up for lease
The redeveloped building will provide around 500,000 sq ft of office space.
StashAway launches wealth management offering for Hong Kong’s HNWs
HNW clients make up 65% of StashAway’s AUM in the city.
Hong Kong and Shenzhen strengthen environmental collaboration
Chemical treatment process results showed reduced phosphorus discharge into Ng Tung River and Shenzhen River.
ZA Bank officially unveils US stock trading service in Hong Kong
The bank charges a trading commission of US$0.012 per share.
Exports value climbs 33.6% YoY to $388.7b in January 2024
The pace of increase has picked up.
Prudential expands medical network with UFH in Greater Bay Area
Prudential will directly settle pre-approved medical expenses with UFH upon completion of treatment.
Cathay Cargo Terminal to adopt 50% recycled plastic cover sheets in new sustainability initiative
The new material will be rolled out from March 2024.
HTX platform withdraws license application in Hong Kong
It withdrew three days after it lodged its application.
SFC begins legal proceedings vs ex-Ding Yi Feng chair for share manipulation
The share manipulation reportedly occurred between 1 March 2018- 14 September 2018.
Mastercard, Octopus enable contactless payments in 180,000 HK touchpoints
Travelers will be able to use their Mobile Octopus across all MTR routes.
HKIA’s annual report shows push for global centre status
The report outlined the authority’s initiatives in the past year, including passing the Insurance (Amendment) Bill 2023.
Hong Kong’s BEA launches WMC 2.0 Southbound services
BEA offers 250 eligible fund products under the expanded WMC scheme.
HK adds Xi'an, Qingdao cities to Individual Visit Scheme
The expansion will help boost tourism and benefit industries such as hotels and retail.
Hong Kong's office landlords resilient amidst tough market conditions: report
S&P believes office landlords will still have relatively low gearing even if fair value drops by another 30%.
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