Staff Reporter
Gov’t implements real-name registration to combat $2 scheme abuse
Gov’t implements real-name registration to combat $2 scheme abuse
Nearly 10,000 were fined for attempting to abuse the scheme.
Grade A office vacancy drop 13.3%, rent slips 0.8% in October
Rents declined by 0.8%.
MTR Corp. loses Elizabeth Line contract
It will be taken over by GTS Rail Operations Limited.
Gov’t unveils development plan for Hong Kong Park in Hetao innovation zone
The park will enter its operational phase in 2025.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Hong Kong investor confidence in US markets rises after Trump’s election
Investors seek to increase investments in the US in 2025.
Hong Kongers turn to social media for financial advise: report
YouTube, Instagram, and Facebook are amongst the most popular platforms for Hong Kongers.
HSBC partners Cathay Pacific, EcoCeres to scale SAF adoption
HSBC will use SAF from EcoCeres for its Cathay Pacific flights departing from Hong Kong.
HK to host over 90 mega events in H1 2025
Around 840,000 tourists are expected to attend next year.
bolttech secures $50m venture debt from HSBC, expands market
HSBC has been a partner of bolttech since 2019.
HKPC launches joint lab with CAICT, PolyU to advance R&D
It aims to enhance the competitiveness of Greater Bay Area enterprises in innovation and technology.
Towngas, CPN ink MoU on green methanol distribution
CPN will distribute the fuel supplied by Towngas.
HK urged to deepen financial reform and innovation
Chinese Vice Premier He Lifeng said HK was positioned as an international financial hub.
Rental price increases in 2025 to exceed 2024 levels
This is due to strong demand from new arrivals and potential homebuyers.
Two-thirds of Hong Kong entrepreneurs lack plans for wealth transfer
Entrepreneurs in Hong Kong lag global peers in succession strategies.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
Read Here
Advertise
Sign Up
Commentary
How companies can use the new cybersecurity bill to their advantage