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.
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.
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.
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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.
Inside Hong Kong’s Aberdeen Harbor, a floating village once home to 150,000 people that has faded into history
Hong Kong's Aberdeen Harbor was home to thousands of fishing families known as "the floating people." They lived on junk boats or sampans — small, flat-bottomed wood boats about 4.5 to 7 meters in ...
Hong Kong gov’t board sees 98% of public submissions opposed to Fanling golf course housing project, as golf club cites Asian Games wins
More than 98 per cent of the submissions received by Hong Kong authorities were opposed to a controversial plan to build public housing on part of the Fanling golf course, the Town Planning Board (TPB ...