News

Silver bond subscriptions reach $98.2b

The bonds will be issued on Friday, totaling $55b.

HSBC proposes to privatise Hang Seng Bank

Hang Seng has established an Independent Board Committee to consider the proposal.

HK launches GoGlobal Task Force to help Mainland enterprises expand overseas

Initiatives will include market visits and outreach programs.

Hang Seng Bank upscales sustainability fund by 50% to HK$120b

Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.

Property sales up 6.3% in September

Residential units accounted for 5,643 agreements.

Security Bureau convenes task force to tackle illegal employment

Key focus areas include developing response strategies, improving intelligence gathering, and information sharing.

Private lenders step in as Hong Kong banks cut real estate loan growth

Knight Frank expects Hong Kong to remain a distressed-refinancing market rather than growth-lending market.

Private lenders step in as Hong Kong banks cut real estate loan growth

Knight Frank expects Hong Kong to remain a distressed-refinancing rather than growth-lending market.

Four in five entrepreneurs hold multi-residency status

63% of Hong Kong entrepreneurs are concerned that large inheritances may weaken next-generation values.

Hang Seng Bank raises Sustainability Power Up Fund to $120b

About 70% of the utilisation went to sustainability-linked loans.

Visa launches Click to Pay digital checkout service in Hong Kong

The solution aims to offer a faster and more secure experience for both consumers and merchants. 

Hong Kong suspends contractor from public tenders after fatal accident

The contractor must conduct an independent safety audit.