News

HK resumes multiple-entry IVS for Shenzhen residents

Currently, Shenzhen residents can only visit Hong Kong once a week under the IVS.

Hong Kong, Shenzhen sign health inspection MOU

It will ensure the safety and well-being of residents and travellers whilst facilitating customs clearance.

HK retail sales down 2.9% YoY in October

This follows a 6.9% decline last month.

IRD lowers tax reserve certificate interest to 0.5500%

This is a reduction from the current rate of 0.7167%.

Hong Kong, Guangdong sign equine, aquatic export agreements

It will improve quarantine and customs procedures for horses, forage feed, and biological products.

Mortgage loans up 9.5% to $19b in October

Applications increased month-on-month by 46.5% to 7,289.

HK announces 3 pilot areas of land disposal in Northern Metropolis

Each pilot area covers private residential, industry, and public facility sites.

Hong Kong posts $163.7b deficit in 7M 2024

Its expenditure is at $418b, whilst its revenue was $175.6b.

Mayer Brown establishes two independent law firms in HK

Mayer Brown Hong Kong LLP comprises more than 20 lawyers.

HKUST launches new GenAI platform for financial services

The platform aims to help local financial institutions leverage AI technologies.

HKMA announces $500m 15-year government bonds tender

It will carry interest at the rate of 3.75% per annum.

Auditors urge PolyU to relax security measures

This follows community concerns about PolyU's open campus policy.

Audit reveals overcharging of elderly care residents

The overcharged was sometimes as much as $22k.

Tuen Mun - Chek Lap Kok Link delay causes additional $1b cost

The delay was primarily due to interfacing issues and unsatisfactory reclamation works.