News
BOCHK warns of 9 fraudulent websites, phishing email
It has reported the case to local authorities.
BEA warns against 16 fraudulent websites
It has reported these sites to the local police and the HKMA.
Hong Kong’s drainage system prevented a greater impact: Guy Carpenter
The 2008 rainstorm alone generated HK$237m incurred claims.
Newly resumed flights helped increase Cathay Pacific’s travelers by 603%
It carried a total of 1,784,980 passengers in August 2023.
340 vehicle registration marks up for public sale in October
Applicants who paid the $1,000 deposit to reserve a mark are still asked to participate in the bidding.
Hong Kong luxury house prices down 1.5%: Knight Frank
Unsold inventory from new projects placed pressure on the market.
Five industrial buildings on sale for $1.4b: CBRE
Properties are planned to be developed into elderly homes.
Properties in Quarry Bay sold via public auction
The properties are located on Pan Hoi Street and King’s Road.
StanChart HK inks MOU to promote business, dev’t between HK and Dubai
This include promoting the growth of family offices, fintechs, and virtual asset industries.
AI-startup Fourth Paradigm plans to list on HKEX
The company’s cornerstone investors have subscribed to shares worth about US$96.8m.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
No new Earn orders amid HK investigation: JPEX
JPEX said third-party vendors are limiting their liquidity.
Loyalty programmes are more popular with Gen Zs and Millennials
The lowest interest is from Baby Boomers.
SFC warns public versus virtual asset trading platform JPEX
No entity in the JPEX Group is licenced by the SFC.
Limited supply hamper growth in HK’s super-prime market
The number of super prime homes sold in HK dropped from 67 to 42 in 2Q23.
HK, Dubai ink financial services partnership
The two markets will support the development of family office hubs, amongst others.