Economy

Foreign currency reserves hit US$416b in September

It increased from the US$415.7b record in September.

Foreign currency reserves hit US$416b in September

It increased from the US$415.7b record in September.

GDP up 4.1% in Q3: advanced estimates

Tourism and private consumption will underpin growth; exports remain weak.

Government logs $177.7b deficit in H1

The government expenditure was $355.6b from April to September. 

More than 150 positions open in GBA fintech internship

Successful applicants will get a monthly subsidy of $12,000.

Business community welcomes 2023 policy address

HKTDC and HKPC have vowed to support measures laid out by the government.

Gov't unveil plans to reinforce HK's status as a financial and trade centre

Increasing trade with markets involved in the Belt & Road initiative will be a priority. 

Gov’t allocates $10b for new industrialisation scheme

The fund will cover technological, creative, legal, and economic development initiatives.

HK talent engagement scheme attracts 160,000 applications

The government has outlined additional measures to continue to remain globally competitive.

Consumer prices rise 2% YoY in September

The rate of increase in September was faster than August's.

Gov’t registers 29 land transactions in Q3

The land transactions realised a total land premium of $4.8b.

Dah Sing Bank warns customers about fake ‘Dah Sing Finance’ website

Consumers are advised not to leak their personal information on the website.

ESG disclosures of Hong Kong-listed companies have matured: report

In 2022, no companies were labeled underdisclosed as opposed to 3.5% in  2021.

Gov’t allocates $100m to boost SME’s tech adoption and competitiveness

The services of SMEs will be enhanced in the next five years.

Gov’t seeks to expand coverage of FSIE regime

The expanded regime will cover more assets.

HKMA surpasses Singapore on highest forex reserves, ranks 7th globally

Hong Kong Monetary Authority reported HK$3.13t forex reserves in Q2 2023.