Hong Kong
ZA Bank reports HK$548m net revenue and narrows losses by 42%
ZA Bank reports HK$548m net revenue and narrows losses by 42%
Net interest income is 86% higher in 2024.
Hong Kong deposits up 0.8% in March
HKD and total deposits rose, but renminbi deposits declined.
Gov’t projects 105,000 private flat supply in the coming years
There were 28,000 unsold units in completed projects at the end of March.
Gov't launches subsidy scheme as MPF offsetting arrangement ends
It will help cover employers’ severance and long-service payment costs.
Gov’t approves tax concessions bill
The measure cuts 2024-25 income and profits taxes by up to $1,500 per case.
Tax cuts unlikely to lift Hong Kong home prices
They could boost sentiment and reinforce signs of a stabilising property market.
Hong Kong office demand shifts to smaller units in early 2025: Colliers
Office cap rates ranged from 3.10% to 4.10%, retail from 3.25% to 5.00%, and industrial from 3.00% to 4.10%.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly.
Hong Kong workers save 30% of their monthly income: poll
They do so to achieve financial flexibility, said Hang Seng Bank.
Private flat supply estimate drops by 2,000 units
Only 105,000 units are expected in the next three to four years.
The Fourth ArtBiz Asia Forum returns on May 9
The event is energising Macao's role as the 'Cultural Capital of East Asia' for collaborative cultural innovation.
Suspected hacking reported at Kwai Tsing District Health Centre
Compromised data may include names and membership numbers.
Gov't opens application for three rehousing estate projects
It is open to eligible households affected by government development projects.
Zurich, HTHK launch SIM plans with travel insurance for GBA trips
The promo is available to SoSIM users.
Relaxed commercial event rules may spur pop-ups, ease retail bust
Social interaction during events is the future of retail and mixed-use development.
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