News
No changes to Hang Seng Bank’s HKD prime lending rate
No changes to Hang Seng Bank’s HKD prime lending rate
Its HKD savings deposit rates also remain unchanged.
Bank of China Hong Kong keeps HKD prime rate, deposit rate steady
Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate.
HSBC Life reveals new leadership appointments
Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston.
Retail sales up 13% YoY to $31.8b in September
Online retail sales accounted for 11% of the total value.
Nine in 10 firms lost staff members in H1
Higher salary is still the top reason why people are changing jobs.
Government logs $177.7b deficit in H1
The government expenditure was $355.6b from April to September.
Bank of China Hong Kong expanding e-HKD prepaid pilot to 50 products
It is now inviting customers to participate in the pilot.
1 in 2 Hongkongers hold ‘favorable’ views of virtual-only banks: study
45% have neobank accounts, and another 30% looks to sign-up over the next 3 months.
More than 150 positions open in GBA fintech internship
Successful applicants will get a monthly subsidy of $12,000.
7 in 10 GBA firms mull adopting more green products and services: study
About 70% consider using more green products and services over the next 2 years.
BOCHK warns customers of two fraudulent websites
Customers who used these sites are strongly urged to contact BOCHK immediately.
Business community welcomes 2023 policy address
HKTDC and HKPC have vowed to support measures laid out by the government.
Gov't unveil plans to reinforce HK's status as a financial and trade centre
Increasing trade with markets involved in the Belt & Road initiative will be a priority.
Bank of East Asia’s Mongkok Branch to operate on weekends
It will be open from 1PM to 5PM on Saturdays and Sundays until 31 December.
Exports value dips by 5.3% YoY to $380.3b in September
The pace of decline has picked up.
HKFI approves of HKSAR policy address
The chief executive acknowledged the vital role of marine insurance in terms of maritime services.
Gov’t allocates $10b for new industrialisation scheme
The fund will cover technological, creative, legal, and economic development initiatives.