News
Hong Kong banks reminded they may engage with virtual asset entities: central bank
Hong Kong banks reminded they may engage with virtual asset entities: central bank
There have been more comments from foreign firms on the difficulties of opening a bank account.
Mox Bank hit HK$170m operating income in 2022
The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
Hong Kong’s livi bank records HK$17m operating income
Its loan balance has surpassed HK$1.3b as of end 2022.
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.
Private flat supply to hit 107,000 in 3-4 years
The latest projection is 2,000 more than the previous estimate.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
Hong Kong Airlines clinches investment fund for restructuring
The restructuring will help the airline expedite its business recovery.
HKEX income went up 28% YoY in Q1
The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.
Singaporean WealthTech firm Endowus sets foot in HK
This will be Hong Kong's first fee-only digital wealth management platform.
Exports value dips by 1.5% YoY to $367.2b in March
The pace of decline, however, has moderated.
Unemployment rate drops to 3.1%
There were 115,100 unemployed from January to March.
HKPC organised 700 FutureSkills training courses with 30,000 students
It also arranged 68 in-house training sessions for employees.
Unemployment rate down to 3.1% in March
The underemployment rate also dipped by 0.1 percentage points to 1.2%.
Office space negotiations more active as overall vacancy rate drops in March
This is the first drop since May 2022, JLL said.
Hong Kong CPI shrinks to 1.7% in March 2023
Food prices declined against a high benchmark caused by supply disruptions easing the city's inflation rate.
1 in 4 HKers expect business situation to be better in 2Q 2023
But one in ten anticipate the worst business conditions in the city.
HK hotel occupancy soars 72% in first two months
The reopening of borders and lifting all quarantine controls drove the increase.
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