News
China CITIC Bank Int’l adjusts down HKD prime rate to 5.375%
China CITIC Bank Int’l adjusts down HKD prime rate to 5.375%
This is 12.5 basis points lower than the previous 5.5% rate.
DFI to supply 1,000 tonnes of low-carbon rice to HK, Macau
The group plans to expand pack sizes (2kg, 8kg, 9kg) and add Yu Pin King Healthy Mixed Rice (2kg, 5kg) in 2026.
ZA Bank surpasses 1 million customers
The Hong Kong-based digital bank saw deposits and card transactions rise in H1.
Credit card transaction value decline in Q2
This is despite the volume of transactions rising during the quarter.
New World scion launches investment venture
The new venture sets its sights on emerging markets and on the digital space.
Gov’t announces new tobacco control measures
This ranges from increasing penalties and more stringent enforcement actions.
Gov’t launches public tender for Tsuen Wan site
The site is designated for non-industrial purposes
Hong Kong leaders see AI plan boosting jobs, investment, permits
Western Digital said intensifying AI workloads are reshaping storage priorities as data volumes increase.
ZA Bank backs Hong Kong policies on AI and tokenisation
The Policy Address also introduced support for SMEs.
Hong Kong poised to become world's second-largest art hub
The city’s art auction market share grew by 6% over the last decade.
'The Watsons Family' IP launched to boost customer engagement
The initiative introduces 16 characters based on a Myers-Briggs Type Indicator personality type.
HK, Abu Dhabi sign MoU to enhance capital market connectivity
The two will explore joint initiatives in market promotion, amongst others.
Gov’t approves four building plans in July
The department also received 2,773 reports about unauthorised building works.
Monetary Authority decreases base rate to 4.5%
This follows a 25-basis point downward shift in the target range for the US federal funds rate.
Zijin Gold International seeks $2.49B Hong Kong IPO
The company said proceeds will be used for the upgrades of existing mines.
HKPC backs policy address to drive I&T and AI development
It also backed proposals to develop a green technology demonstration base.
HKTDC welcomes policy address, backs mainland firms going global
The HKTDC said the package charts a wide-ranging course for development.
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