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Posted on 18/03/2024

EMPF Platform: Hong Kong to migrate smallest pension firms first, with giants like HSBC to bring up the rear by end-2025, regulator says

YF Life Trustees, the smallest of Hong Kong’s MPF providers, will be the first to migrate to the soon-to-be-launched eMPF Platform, while HSBC, the largest provider, will be the last, according to the ...

Posted on 18/03/2024

Hong Kong’s Greater Bay Airlines CEO Plans to Step Down by April

Hong Kong carrier Greater Bay Airlines Co.’s Chief Executive Officer Stanley Hui is preparing to step down, according to people familiar with the matter.Hui, 73, may resign from his role as early as ...

Posted on 18/03/2024

China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market

Xpeng says it's launching new models which will be priced between 100,000 to 150,000 yuan — 50% lower than the price range premium brands operate in.

Posted on 18/03/2024

Hong Kong cryptocurrency custodian Hex Trust targets profitability, fresh funding in 2024 as virtual-asset market rebounds

After cutting costs throughout 2023, Hex Trust sees the cryptocurrency market's revival 'directly translating into profitability' for the firm Hex Trust chief executive Alessio Quaglini said the ...

Posted on 18/03/2024

Japanese firms snap up retail spaces in Hong Kong

More Japanese brands and retailers are likely to occupy shops in Hong Kong this year, drawn to the city's more reasonable retail rents, as well as Hongkongers' affection for anything related to the ...

Posted on 18/03/2024

‘Don’t cut off the lifeblood of the market’: Hong Kong ex-leader, lawmaker criticise Flower Market redevelopment

The planned redevelopment of parts of Hong Kong’s historic Flower Market has come under fire, with a lawmaker and a former city leader urging the authorities to give greater consideration to the ...

Posted on 18/03/2024

Hong Kong grocery chain DCH feels the pinch of online shopping, goes out of business after 39 years of operations

Hong Kong grocery chain Dah Chong Hong (DCH) Food Mart will bring down the curtains on its stores after 39 years in operation, with regular patrons expressing sadness at the move. “After careful ...

Posted on 18/03/2024

Hong Kong has 2,700 single family offices in wealth hub boost

There is no requirement on minimum local investment. Singapore has more stringent requirements for larger-sized family offices when it comes to local business spending and staff numbers. Hong Kong ...

Posted on 18/03/2024

Hong Kong – Prudential Measures For Property Mortgage Loans And Other Related Supervisory Requirements.

Hong Kong - Prudential Measures For Property Mortgage Loans And Other Related Supervisory Requirements. Legal News and Analysis - Hong Kong - Banking & Finance - ...

Posted on 18/03/2024

China’s economy shows signs of improvement, but its property sector is still in the doldrums

China has reported its manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy ...

Posted on 18/03/2024

Global Impact: Hong Kong’s stock market eyes light at the end of the tunnel after 3 years in the doldrums

The policies will be a boon for central bank digital currencies such as Hong Kong’s e-HKD and the mainland’s e-CNY, as they get the go-ahead for simultaneous trials Another new policy known as ...

Posted on 18/03/2024

Hong Kong artists flee as city grapples with status as arts hub amid rising repression

Some artists have taken their work to Brussels, saying they no longer feel safe, yet the art market back home continues to boom ...

Posted on 18/03/2024

AIA Hong Kong – the undisputed market champion in 2023 Achieving 10 market share No. 1

The issuer is solely responsible for the content of this announcement.

Posted on 18/03/2024

Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal

Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling ...

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