News

Parents' financial influence strong amongst Hong Kong adults

Nearly half of them (46%) are attempting to counteract their parents' bad habits.

Parents' financial influence strong amongst Hong Kong adults

Nearly half of them (46%) are attempting to counteract their parents' bad habits.

Hong Kong authorities probe CLP Power for voltage dip incident

CLP Power Hong Kong was requested to submit a report regarding the incident.

HK sets guidelines for travel incentive scheme 

Agencies can receive up to $400 in incentives under the scheme.

Share option adoption doubles, share awards quintuple in decade

Healthcare (58.7%) and IT (46.6%) sectors lead in share award adoption. 

Visa tokens bring $15b to Asia Pacific digital commerce in 2023

The company said Visa token issued has so far reached 1 billion.

Ripple to issue US-backed stablecoin to bring more liquidity to XRP Ledger

The cryptocurrency will initially be available on XRP Ledger and Ethereum blockchains.

Home Prices see a slight rise after stamp duty cut

It rose 0.62% week-on-week from 11 March to 17 March.

HKTB and Traveloka collaborate to promote Hong Kong in Southeast Asia

Over 3.7 million of HK's visitors in 2023 came from SEA and East Asia.

Bonuses surge for Hong Kong financial professionals

Managing directors in Hong Kong received an average bonus of $3.5m  in 2023.

Stamp duty cut may boost property transactions

The move has also given home prices a boost by 2.0%

Targeted agent and radiotherapy possible solutions to immunotherapy resistance in liver cancer — study

The trial showed that targeted treatment and radiotherapy can potentially help liver cancer patients.

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

Peter Lau Man-pong succeeds Dominica Yang as HKAC board chair

He has also been re-appointed as chairman of the Arts Programme Committee.

Expert warns of weaker average interest coverage ratios for commercial REITS

Fitch Ratings cited higher interest and vacancies as factors for the decline.

Property sales increase 57.2% MoM in March

CBRE expects a high transaction volume for building units in the next 2-3 months.