Staff Reporter
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.
HK visitor arrivals up to 44.5 million in 2024
This reflects a 31% year-on-year increase.
Several social security allowances to increase by 1.3% starting February
It will benefit more than 1.6 million people.
Gov’t loses tapes containing personal data of 76,000 individuals
The risk of leakage is "extremely low," the Official Receiver's Office said.
Sun Hung Kai Properties unit buys Sha Tin site for $606m
It has a 50-year land grant.
Haitong Securities’ taking upfront profit hit ahead of merger: report
This will allow Haitong to enter the merger with "less baggage," S&P Global said.
CBRE finalises Oasis Aurum 181 lease with Liu Chong Hing and GDHM
Oasis Aurum 181 features 182 rooms and suites equipped with premium amenities.
What will drive Hong Kong’s property market recovery in 2025
It will be driven by lower interest rates, increased demand, and a rebound in tourism.
Fewer private flats expected in next 3-4 years
Around 27,000 units in completed projects were not sold last year.
Tender for light housing management at Olympic Avenue opens
The deadline for submissions is 14 March 2025 at noon.
Aluminum Corporation of China enters Hang Seng, CSI index
This brings the total number of constituent companies to 50.
60,000 participants join successful stress test at Kai Tak Sports Park
The goal was to ensure the park’s readiness for its opening this quarter.
WeChat Pay HK extends services to small merchants in Mainland
The system automatically converts Renminbi payments to Hong Kong dollars.
Over 8 in 10 HK startups anticipate growth in 2025
Of these, 37% even predict their businesses will double in size.
Hong Kong urged to explore new revenue strategies
CPA Australia suggests raising fines and penalties and raising tobacco duties from the current 65%.
Cathay Pacific issues statement on food poisoning case
43 passengers developed symptoms of food poisoning.
Hong Kong fintech association unveils AI advisory council
It will serve as the industry voice to share best practices, amongst others.
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