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Singapore vs. Hong Kong: Who is winning the digital banking race?
Singapore vs. Hong Kong: Who is winning the digital banking race?
Singapore's heavy digital users have already reached 35% of its retail banking population.
UK’s Berkley Group to run first-of-its-kind pop-up retail experience in HK
The pop-up will run for five weeks.
5 key strategies exporters plan to adopt to strengthen their resilience
Business sentiment amongst exports softened in 3Q23 due to weak global demand.
Alibaba to spin-off logistics arm via separate listing in HKEX
Post-spin-off, Alibaba will still hold more than 50% of the shareholdings in Cainiao.
ESR and Chinachem to build Hong Kong's biggest cold storage facility
30% of the site will be slated for greenery.
4 Hong Kong universities fell in global top 100 university rankings
Only one Hong Kong university climbed in the rankings
Bupa names Fiona Harris as new managing director in Hong Kong
She will begin her new role beginning 3 October.
Hong Kong imposes changes to mortgage insurance plan
Previously, mortgage insurance was only for properties under construction with a property value of up to HK$6m.
HK signs health pact with Shenzhen
The agreement aims to develop healthcare quality and services between the two cities.
Retail investment momentum picks up in August
The improvement was most noticeable in Causeway Bay where a building was sold for $300m.
Exports value dips by 3.7% YoY to $358.3b in August
The pace of decline, however, has moderated.
Rate of office vacancy stables in August after four-month high
Rents will remain under pressure amidst low demand and high supply.
Hong Kong economy to recover this year despite external headwinds – experts
The city’s economy expanded 1.5% YoY in 2Q23.
Primary residential market sales fall to a six-month low
Only 742 units were sold in August.
Microsoft, Education Bureau join hands to advance AI education in HK
Amongst Microsoft’s efforts is to make Generative AI accessible to K-12 schools in the city.
HK lands 4th in world's leading global capital markets ranking
The market's cross-border capital investments reached US$6.5b in 1H23.
Evergrande Group postpones offshore debt restructuring
As a result, it also called off the meeting linked to the proposed restructuring.
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