Hong Kong
Bonuses surge for Hong Kong financial professionals
Managing directors in Hong Kong received an average bonus of $3.5m  in 2023.
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 issuersÂ
The bank has surpassed $1b in transfer turnover to Web3 clients.
Keppel DC REIT tenant Neo Telemedia suspends trading pending release of 2023 earnings
The company said the auditing process was still ongoing, which caused the delay.
Peter Lau Man-pong succeeds Dominica Yang as HKAC board chair
He has also been re-appointed as chairman of the Arts Programme Committee.
Retail sales value rises 1.9% YoY in February
The total value stood at HK$33.8b.
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.
HK Express launches cabin crew recruitment drive
The recruitment drives in April will take place in Hong Kong, Mainland, and Malaysia.
Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
62% of film and TV workers face wage delays
Almost a quarter suffered  delays of one to three months
NEFIN secures $2.8m loan from Bank SinoPac Hong Kong
This will be used to support the energy firm’s green projects.
Is 5G the saving grace of Hong Kong’s mobile services market?
Revenue is expected to be driven by 5G adoption, but not by much.
Cathay Pacific sets new sustainability goals
The airline aims to decrease cabin waste by 30% by 2030, among others.
Transhipment scheme extended for Mainland-Singapore cargo
The old scheme covered the cargo of 67 economies under 19 trade agreements.
BOCHK warns against phishing email
It advised customers to delete suspicious emails and attachments without opening them.
Commentary
Transforming Hong Kong into a climate tech powerhouse