Hong Kong

The amendment will expedite the consolidation of property interests.

The HKMA has reprimanded and ordered TNG to pay a pecuniary penalty of HK$1.6m for contravening section 8Q of the PSSVFO.

Applications for the scheme will begin in mid-2024.

There were 112,400 unemployed people from September to November.

One of the measures will exempt onshore disposal gains from profits tax.

Over 90% of the international money transfers are completed within a day’s time.

72% of Hong Kongers are concerned with being victimised by online fraud this holiday season.

The service will be available until February 2024.

The amendment seeks to avoid national security risks.

Those aged 46 to 55 spent the most, with 30% spending HK$2,001 upwards per month

The council urged the industry to enhance website functions and improve the disclosure of privacy policies to enhance consumer confidence in virtual insurance products.

This partnership aims to bolster support for web3 entities, including banks, custodians, and asset managers across the Middle East.

The 2024-25 budget will pursue development aimed at promoting stability.

Exporters will focus on cash flow management next year.

The new route will operate larger widebody aircraft.

A unit of Evergrande will sell its 30% stake in Shanghai Henggen Real Estate for $727.3m.