Hong Kong
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%.
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%.
Gov’t increases pay for helpers by 3%
The new minimum wage and food allowance will apply to all contracts signed from 30 September.
Hong Kong warns of fraudulent phone calls posting as central bank staff
The fraudsters would request banking details in the guise of canceling a fake membership.
Rhenus Warehousing Solutions Hong Kong wins award for success in deploying warehouse services
It also launched the Rhenus Innovation Hub as a platform for incubating innovative ideas.
Hong Kong expects negative equity influx in Q3
The number of negative equity cases may exceed 10k by the end of September.
Bank of East Asia redesigns Mongkok branch
The bank has created a digital zone at the ground floor.
1 in 2 young professionals seeking to work overseas: survey
Over 1 in 10 wants to move out “as soon as possible,” Robert Walters Hong Kong found.
Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform
The virtual-only bank is also gearing up to launch a new app interface.
HK places 4th in world’s leading financial centres ranking
Whilst maintaining its ranking, the city’s rating improved by 19 points.
HK ranks 17th in the 2023 Global Innovation Index
In Asia, the city ranked 5th.
Evergrande halts trading after chairman falls under investigation
Hui Ka Yan is under investigation over suspected “illegal crimes.”
Nan Fung Group's AIRSIDE mall in Kai Tak opens
The new shopping mall spans 700,000 sq. ft.
GBA Wealth Management Connect scheme upgraded
The Wealth Management Connect will be enhanced in five directions.
Man vs AI: human-made content preferred by Hong Kongers in art, news
AI is more preferred in routine or transactional interactions like payments and order tracking.
CBRE secures lease for 17,000 sq. ft. with Edrington
CBRE said it strategically capitalised on the market conditions.
DBS Bank clinches HKB Technology Excellence Awards for digital trade finance solution
It has partnered with GS1 Hong Kong to create a solution that will allow financing capabilities through alternative data.
Nan Fung Group's NF Touch triumphs at HKB National Business Awards for transforming loyalty and philanthropy
The groundbreaking app goes beyond conventional loyalty programmes and fosters personal growth and community engagement.