News
Total loans in Hong Kong down 1.7% in August
Total loans in Hong Kong down 1.7% in August
Total deposits rose by 0.6% during the month, however.
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
Gov’t increases pay for helpers by 3%
The new minimum wage and food allowance will apply to all contracts signed from 30 September.
Hong Kong warns of fraudulent phone calls posting as central bank staff
The fraudsters would request banking details in the guise of canceling a fake membership.
Hong Kong expects negative equity influx in Q3
The number of negative equity cases may exceed 10k by the end of September.
Bank of East Asia redesigns Mongkok branch
The bank has created a digital zone at the ground floor.
1 in 2 young professionals seeking to work overseas: survey
Over 1 in 10 wants to move out “as soon as possible,” Robert Walters Hong Kong found.
Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform
The virtual-only bank is also gearing up to launch a new app interface.
HK places 4th in world’s leading financial centres ranking
Whilst maintaining its ranking, the city’s rating improved by 19 points.
HK ranks 17th in the 2023 Global Innovation Index
In Asia, the city ranked 5th.
Evergrande halts trading after chairman falls under investigation
Hui Ka Yan is under investigation over suspected “illegal crimes.”
ThaiBev unit incorporates SpiritsCo Limited in HK
SpiritsCo has an initial issued share capital of HK$300,000.
Nan Fung Group's AIRSIDE mall in Kai Tak opens
The new shopping mall spans 700,000 sq. ft.
GBA Wealth Management Connect scheme upgraded
The Wealth Management Connect will be enhanced in five directions.
Man vs AI: human-made content preferred by Hong Kongers in art, news
AI is more preferred in routine or transactional interactions like payments and order tracking.
CBRE secures lease for 17,000 sq. ft. with Edrington
CBRE said it strategically capitalised on the market conditions.
Read Here
Advertise
Sign Up
