News
Digital scams in Hong Kong 10% higher than global average
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.
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
CHI Residences in Wan Chai and Jordan hit market
The tender will close on 6 December.
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.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
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.
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.
HKEX appoints Herbert Chia to board
He will replace Peter Yan.
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