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Posted on 04/10/2023

Embattled Chinese property firm Evergrande up 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged over 20% after it resumed trading in Hong Kong on Tuesday.

Posted on 04/10/2023

How BOCHK empowers entrepreneurs with customised business banking solutions

Bank of China (Hong Kong) (BOCHK) is committed to helping small and medium-sized enterprises (SMEs) navigate the ever-changing business environment and market landscape. In this story, five ...

Posted on 04/10/2023

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. Bank of China (Hong Kong) (BOCHK) has begun a pilot for the use of a hypothetical e-HKD to examine the use of e-HKD for prepaid services.

Posted on 04/10/2023

Hong Kong government to sell only 1 plot this quarter, putting revenue target of US$10.8 billion from land sale out of reach

The Hong Kong government will tender only a single parcel of land in the current quarter, as sales have been scaled down because of poor response and prevailing market conditions.

Posted on 04/10/2023

30 companies pledge to invest HK$30 billion in Hong Kong, helping ‘spur city’s rise’ as I&T hub

Companies will create 10,000 jobs in fields such as life sciences, biotech, fintech, advanced manufacturing and data sciences.

Posted on 04/10/2023

Hong Kong areas still reeling from last big storm and record rainfall brace for Typhoon Koinu

Shau Kei Wan and Shek O, still clearing up after Super Typhoon Saola and later record rainstorm, fear further damage as Koinu nears.

Posted on 04/10/2023

Hang Seng Bank revives image of God of Wealth to appeal to HKers

Hang Seng Bank has joined forces with local creative agency Secret Tour Hong Kong and design powerhouse Tinbot to transform the iconic God of Wealth into modern figures that resonate with today’s ...

Posted on 04/10/2023

Hong Kong university students say volunteering at Asian Games in Hangzhou an ‘honour’

Seeing the Asian Games on television and being a spectator in the arena are entirely different experiences, and, as more than two dozen Hong Kong university students discovered, one way to see the ...

Posted on 04/10/2023

Hong Kong stocks extend losses as rising yields weigh

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks extended losses to ... Citigroup said September sales for 35 listed property companies tracked by the bank were softer-than-expected. ** “As some buyers ...

Posted on 04/10/2023

A listed Hong Kong pawn shop eyes lending opportunities amid a worsening economic outlook

Oi Wah Pawnshop Credit, Hong Kong's first and only listed pawn shop, is opening a new branch at Tsim Sha Tsui East MTR station Oi Wah has a chance to expand its secured lending business as consumers ...

Posted on 04/10/2023

Hong Kong rises to 2nd place in global financial inclusion ranking: report

Hong Kong is the second most financially inclusive market out of 42 markets analyzed globally rising two places year on year acc ...

Posted on 04/10/2023

Hong Kong banks struggle to sell foreclosed homes even at 20% discount

Foreclosed homes on sale in September increased 36 per cent from a year ago to 271 - the most since 2009. Read more at straitstimes.com.

Posted on 04/10/2023

Hong Kong leans on new digital IPO platform to help recovery after listing volumes plunge to a 20-year low

Hong Kong authorities and bankers are betting a new digital platform will boost investor confidence through a shortened settlement cycle for initial public offerings (IPO) and a quicker listing ...

Posted on 04/10/2023

Hong Kong floating temple to sea goddess Tin Hau gets new lease of life with onshore home for deity

City’s only floating temple has moved from moorings in Causeway Bay to purpose-built home on site of former shipyard.

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