News

HKEX, Xi’an gov’t ink cooperation agreement

HKEX, Xi’an gov’t ink cooperation agreement

Under the MoU, parties will support Xi’an-based companies seeking a listing in Hong Kong.

Octopus expands taxi QR payments

Operators can now accept payments from UnionPay, AlipayHK, and Alipay.

Foreign property buyers increase in Hong Kong

Transactions involving three major stamp duties rose 46% MoM in December.

High-interest rates to hold back demand for property investments: CBRE

In 2023, the effective mortgage rate increased by 75 bps to 4.125%.

Gov't grants university title to Caritas Institute of Higher Education

The institution will change its name to Saint Francis University.

HK Chief Exec concerned over Cathay Pacific flight cancellations

The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.

Prudence Foundation champions climate resiliency for youth with climate change initiative

The new collaborative program aims to educate children on climate change and resilience, marking a significant step in community-focused environmental education.

AlipayHK warns of phishing messages

There are individuals sending out messages claiming to be from AlipayHK.

Prudential Hong Kong is ‘core’ subsidiary in next 2 years – S&P Global Ratings

The Hong Kong subsidiary is seen to contribute 15% to 20% CAGR to the parent company.

HSBC launches Premier Elite for high-value customers

The bank collaborated with actor and director Stephen Fung for its launch campaign.

Zurich HK partners with Hutchison Telecommunications for travel insurance

The partnership aims to provide customers with a one-stop digital service experience.

Zurich Hong Kong and Hutchison Telecommunications join hands to promote travel insurance to customers

The partnership offers personalised travel insurance packages to customers.

HKECIC, Dun & Bradstreet partner to launch Export Credit Risk Index

The index covers five key markets – Canada, China, Germany, the UK, and the US.

Hang Seng Bank warns against fake mobile investment app

The app falsely uses the Hang Seng Bank logo.

Isolation facilities to be used for Hong Kong-Shenzhen I&T Park

The lands used were formerly housing community isolation facilities.

HK residents hesitant in long-term financial planning – Prudential

Despite setting savings targets, individuals face challenges in achieving financial freedom, as 52% of their income goes towards daily expenses.

39 pre-sale consents for residential projects issued in 2023

The consents involved a total of 21,258 residential units.