Hong Kong
Ripple to issue US-backed stablecoin to bring more liquidity to XRP Ledger
The cryptocurrency will initially be available on XRP Ledger and Ethereum blockchains.
Ripple to issue US-backed stablecoin to bring more liquidity to XRP Ledger
The cryptocurrency will initially be available on XRP Ledger and Ethereum blockchains.
Home Prices see a slight rise after stamp duty cut
It rose 0.62% week-on-week from 11 March to 17 March.
HKTB and Traveloka collaborate to promote Hong Kong in Southeast Asia
Over 3.7 million of HK's visitors in 2023 came from SEA and East Asia.
Bonuses surge for Hong Kong financial professionals
Managing directors in Hong Kong received an average bonus of $3.5m in 2023.
Stamp duty cut may boost property transactions
The move has also given home prices a boost by 2.0%
Targeted agent and radiotherapy possible solutions to immunotherapy resistance in liver cancer — study
The trial showed that targeted treatment and radiotherapy can potentially help liver cancer patients.
Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers
The bank has surpassed $1b in transfer turnover to Web3 clients.
Keppel DC REIT tenant Neo Telemedia suspends trading pending release of 2023 earnings
The company said the auditing process was still ongoing, which caused the delay.
Peter Lau Man-pong succeeds Dominica Yang as HKAC board chair
He has also been re-appointed as chairman of the Arts Programme Committee.
Retail sales value rises 1.9% YoY in February
The total value stood at HK$33.8b.
Expert warns of weaker average interest coverage ratios for commercial REITS
Fitch Ratings cited higher interest and vacancies as factors for the decline.
Property sales increase 57.2% MoM in March
CBRE expects a high transaction volume for building units in the next 2-3 months.
HK Express launches cabin crew recruitment drive
The recruitment drives in April will take place in Hong Kong, Mainland, and Malaysia.
Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.
62% of film and TV workers face wage delays
Almost a quarter suffered delays of one to three months
NEFIN secures $2.8m loan from Bank SinoPac Hong Kong
This will be used to support the energy firm’s green projects.
Is 5G the saving grace of Hong Kong’s mobile services market?
Revenue is expected to be driven by 5G adoption, but not by much.
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