Staff Reporter
New Policy Pulse details efforts to achieve HK’s financial hub status
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
HK exports up 5.2% in December
In contrast, imports dropped by 1.1% to $441.2b.
Public vote for HK's quality taxi drivers opens
The public can vote online or by scanning the QR code on promotional materials until 31 May.
CSI Properties plans to raise $2b in fundraising initiative
It will be used to enhance liquidity and repay maturing indebtedness.
HK gov’t debt hits $293.2b
Fiscal reserves stood at $664.1b.
HK suspends poultry import from parts of Poland, the UK
This is due to reported outbreaks of highly pathogenic H5N1 avian influenza.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to HK$195.1b in December
The number of cases fell, but the three-month delinquency ratio rose.
Waterpipe tobacco won't be banned: Health bureau
This was in response to a report which claimed that the government is considering a ban.
Christie’s International Real Estate expands into Hong Kong
The new venture will be led by Hong Kong native Samson Law.
Hong Kong banks to prioritise resilience, costs in 2025: KPMG
Interest rate reductions are likely to be slower.
Office prices decline by 7.8% YoY in 2023: report
Grade A, B, and C offices decreased by 2%, 11.5%, and 7.9%, respectively.
Residential price falls 7% in 2023: report
The primary and secondary markets registered a record low of 43,002 transactions in total.
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.
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