Staff Reporter
Vastcom bags major award for Intelligent Document Processing (IDP) solution
Vastcom bags major award for Intelligent Document Processing (IDP) solution
It operated on time-consuming tasks such as printing, classifying, and manual extraction of data.
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs.
Rich Hongkongers invest for extra income and future personal healthcare: report
Affluent Hong Kong residents also invest through discretionary portfolio management.
Hang Seng rolls out brokerage-free stock investment service programme
Customers may trade the first $300,000 or equivalent of Hong Kong Stocks.
ONE SOHO Commercial Accommodation for sale for $400m
The sale is via public tender.
Deliveroo HK launches initiative to combat food insufficiency
It has partnered with St. James’ Settlement to address the issue.
Evergrande Group asks stock exchange to resume trading
It suspended its trading last 28 September following its executive director’s case.
Retail sales up 13.7% YoY to $32.4b in August
The sector will continue to benefit from the growth of inbound tourism.
Total loans in Hong Kong down 1.7% in August
Total deposits rose by 0.6% during the month, however.
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
Gov’t increases pay for helpers by 3%
The new minimum wage and food allowance will apply to all contracts signed from 30 September.
Hong Kong warns of fraudulent phone calls posting as central bank staff
The fraudsters would request banking details in the guise of canceling a fake membership.
Rhenus Warehousing Solutions Hong Kong wins award for success in deploying warehouse services
It also launched the Rhenus Innovation Hub as a platform for incubating innovative ideas.
Hong Kong expects negative equity influx in Q3
The number of negative equity cases may exceed 10k by the end of September.
Bank of East Asia redesigns Mongkok branch
The bank has created a digital zone at the ground floor.
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Strategic location tips for playgroups and education centres