Hong Kong
HK Express launches intermodal pass for ferry and flight transactions
HK Express launches intermodal pass for ferry and flight transactions
Travellers can now purchase both ferry and flight tickets in one transaction.
Digital scams in Hong Kong 10% higher than global average
Online forums and dating sites were the most targeted by scammers.
Raya Airways launches new Hong Kong route
It operates five times weekly.
CHI Residences in Wan Chai and Jordan hit market
The tender will close on 6 December.
Stellerus helps organisations manage hazard, climate risks
The Hong Kong startup offers a fast and accurate early warning system for natural disasters.
Gov't strongly objects to US tech investment ban
The government said it is rejecting the measure.
BOCHK makes fully automated transactions of corporate remittances
BOCHK is the first Hong Kong commercial bank to connect to mBridge.
Chinachem Group subsidiary buys Sha Tin site for $1b
It has a 50-year land grant.
Standard Chartered, Ant complete HKD intra-group transactions
Ant will make use of StanChart’s treasury management principles in moving funds.
HSBC, Ant Int’l complete HKD cross-bank test transactions
The use case integrates HSBC and Hang Seng’s networks with Ant’s Whale platform.
Mobile Shop partners with Zand Bank for transport innovation
The two will deliver transport solutions via CabCab.
Hong Kong to issue more crypto licenses by year-end
Three virtual asset trading platforms are already licensed.
Investor demand fuels industrial property growth in Q3
Notable transactions include JINGDONG buying Li Fung Centre for $1.8b.
Gov't anticipates 438,000 housind demand for next decade
In response, the government has revised the public-to-private housing ratio to 70:30.
Airport Authority Hong Kong clinches HKB Technology Excellence Awards 2024 for innovative biometric solution
Its Flight Token Travel has streamlined airport operations to enable a seamless experience for customers.
Hong Kong tells financial firms to adopt “risk-based” approach to AI adoption
The government will adopt a dual-track approach that considers risk.
Exports value eases to 4.7% YoY in September
In August, exports value rose 6.4% YoY.
Commentary
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