News

Restaurant receipts value slips 0.3% in Q3

Restaurant receipts value slips 0.3% in Q3

Chinese restaurants saw the sharpest drop, with receipts down 3.5%.

Bruno Luk appointed as Hong Kong Land Registrar

This follows Land Registrar Joyce Tam's retirement after 35 years of public service.

Hong Kong rises to 4th in global digital competitiveness ranking

The city posted strong gains in technology and future readiness.

Khoon Group names new directors after resignation of chairman, CEO

The board reshuffle marks next phase of management transition.

ZA Bank rolls out Visa card offering stock rebates on spend

Every eligible transaction of at least HK$10 or more has a chance to receive stocks as rebate.

Strata office floors at Viva Place launched from $7,000 psf

The current offering includes the 7th to 15th floors, excluding the 13th and 14th floors. 

Securities and Futures Commission eases virtual asset trading

Operators can now combine orders with overseas traders, amongst other measures.  

New World Development launches $14.8b debt restructuring plan

The company said the real estate sector has been adversely affected by market headwinds.

Contractor in Sau Mau Ping construction incident suspended from public tenders

It must implement safety measures for the suspension to be lifted, the Development Bureau said.

Ant Digital deepens support for Hong Kong's global push in fintech

AI and cross-border financing services can help businesses expand in the country.

AIIB to open Hong Kong office amidst regional expansion

The new office will deepen its regional financing activity.

ZA Bank advances IADS adoption to back HKMA’s Fintech 2030 goals

Expansion aligns with HKMA’s Fintech 2030 vision.

Most Asians still unprepared to pass on wealth despite high awareness

Just 19% of all respondents felt fully ready to pass on a legacy, a figure that rose to 29% among affluent participants.

26,000 flats unsold at the end of September

Private flat supply in the next three to four years will be 102,000 units.

Mortgage loans approval up 9.4% to $31.4b in September.

Mortgage applications for the month dipped by 1.1%.

Hang Seng Bank launches money lock feature

Money locked cannot be withdrawn or transferred via online or phone banking.

ShaComm Bank, HashKey team up for digital asset push

They will jointly launch a co-branded credit card with a dual rewards program.