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Month: April 2024

Posted on 03/04/2024

AI Enhanced Financial Crime and Deepfakes Becoming Major Problem for Banking Institutions, US Treasury Dept Warns

A recent report released by the US Treasury has called on banking institutions to enhance their risk management controls/frameworks.

Posted on 03/04/2024

Smooth Travels: Indian Transit Visa Requirements For Hong Kong Explained

(Object(document,referrer,{get:function(){return litespeed_docref}}),sessionStorage(litespeed_docref)); Smooth Travels: Indian Transit Vis ...

Posted on 03/04/2024

Govt policies to aid banking sector, BOC says

The bank will continue to ramp up efforts in technology finance, green finance, inclusive finance, pension finance and digital finance, in a bid to accelerate the development of new quality productive ...

Posted on 03/04/2024

Hong Kong stocks slip as property and banking shares drop after US data dims rate cut view

HSBC lost 1.2 per cent to HK$61.15, Hang Seng Bank lost 1.1 per cent to HK$89.15 and Sun Hung Kai Properties declined 1.6 per cent to HK$75.35. Xiaomi lost 2.6 per cent to HK$15.86 after it gained 9 ...

Posted on 03/04/2024

Hong Kong property agencies Centaline, Midland forecast property sales hitting 10-month high in March

Two of Hong Kong’s largest real estate agencies say the total number of transactions could have breached the 5,000 deals mark last month, the highest level since May last year.

Posted on 03/04/2024

Hong Kong: Running a bookstore becomes risky business

After Hong Kong passed a new national security law that targets political dissent, more liberal-minded bookstores are being forced to close.

Posted on 03/04/2024

Hong Kong residents make 1.76 million outbound trips over Easter break as mainland China tours surge in popularity

The bay area refers to the central government's scheme to link Hong Kong, Macau and nine cities in neighbouring Guangdong into an integrated economic and business hub. Huen said the most sought-after ...

Posted on 03/04/2024

Hong Kong stocks open lower on weak Wall Street

Hong Kong stocks opened with marginal losses on Wednesday morning following another tepid lead from Wall Street as investors grow worried that US ...

Posted on 03/04/2024

Hong Kong needs full universal suffrage to unlock full potential

One way to help Hong Kong endure and thrive in this era of uncertainty is to further reform elections and have universal suffrage in voting for chief executive. Doing so would give the government ...

Posted on 03/04/2024

Sarah Lahbati clarifies mystery man in Hong Kong is just a friend

Sarah Lahbati clarified that the mystery man she was seen with in Hong Kong was just a friend, as she pointed out that it’s normal for “single women” to be met with speculations about their dating ...

Posted on 03/04/2024

AMELA Technology Unveils Next-Gen Solutions at InnoEx Hong Kong 2024

AMELA Technology, a leading software development and IT consultancy firm, announces its participation in InnoEx Hong Kong 2024, scheduled to take place from April 13 to 16 at the Hong Kong Convention ...

Posted on 03/04/2024

Number of green burials quadruples over past decade as Hong Kong authorities look to promote scattering of ashes in designated gardens, sea

Green burials involve scattering cremated ashes of the dead over pebbles in 13 designated memorial gardens or in waters near Tap Mun, Tung Lung Chau and Lamma Island.

Posted on 03/04/2024

Hong Kong Sevens 2024: end of era on and off pitch as Salom Yiu and South Stand approach last hurrah

Yiu's 75th sevens tournament appearance for Hong Kong will be his last after playing every edition of his home event since 2010 South Stand atmosphere is not only for fans but 'hypes us up too', he ...

Posted on 03/04/2024

China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India’s market cap

The market cap of the National Stock Exchange of India is $4.63 trillion, making it the third largest exchange in Asia.

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