Frances Gagua
Value of Hong Kong's exports, imports to mainland down in Q1
Value of Hong Kong's exports, imports to mainland down in Q1
Total exports to the mainland is 31.1% lower in value compared with Q1 2022.
Hang Seng Bank to launch RMB counter on 19 June
The bank’s shares will be designated as dual counter securities by the stock exchange.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche.
Hang Seng Bank appoints Kathy Cheung as chief risk and compliance officer
She was formerly chief risk officer for HSBC Hong Kong.
Grade A office leasing demand to rise as tenants seek to upgrade spaces: JLL
More new spaces will push vacancy rates up, but also attract tenants to upgrade.
Hong Kong’s ZA Bank floats virtual asset trading services
The virtual bank also mulls launching US stock trading services in due course.
Hong Kong Airlines to launch Nagoya flights in July
The flights will be available four times every week.
Fubon Bank, blockchain firm Ripple to explore real estate asset tokenisation in Hong Kong
They are aiming to make release of equity swifter and more efficient.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly
The branch offers a designated pet-friendly waiting area.
Hong Kong exports fall 20.9% in Q1
Prices of exports were 4.5% higher, however.
Manulife HK and Macau insurance sales rise 26% to HK$1.66b in Q1
Critical illness plans and deferred annuity plans increased by over 40%.
Dah Sing Bank raises deposit rate and prime rate
The deposit rate is now 0.75% per annum.
Hang Seng Bank warns of fraudulent facebook account
The bank said that it will never ask customers to give their personal information through embedded links.
Bank of East Asia raises standard savings rate to 0.75% pa
It will take effect on Monday, 8 May.
Commentary
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