Hong Kong
PwC and Xalts partner to promote tokenization in finance
The deal will allow both parties to leverage on business opportunities in blockchain technology.
PwC and Xalts partner to promote tokenization in finance
The deal will allow both parties to leverage on business opportunities in blockchain technology.
Hong Kong extends green and sustainable finance grant scheme for 3 years
The grant scheme will also expand to cover transition bonds and loans.
Retail sales value dip by 7% MoM to $31.2b in March
Amongst retail outlets, "jewellery, watches and clocks, and valuable gifts" recorded the steepest decline.
Hapag-Lloyd adopts IQAX’s electronic lading billing technology
The move is seen to hasten the transition towards 100% paperless billing by 2030.
Hang Seng upgrades annuity plan
Only 22% of professionals felt confident about their retirement funds.
Govt to raise protection limit of Deposit Protection Scheme
The protection limit will be increased by $300,000.
Property sales soar 97.1% MoM in March
March transactions posted a total consideration of $83.9b.
Pacific Prime and MixCare partner for employee wellness in HK
Pacific Prime's customers will now have access to MixCare's platform.
Fubon Bank HK warns against fraudulent website
The bank has already reported the matter to the Hong Kong police.
Industrial rents slip 0.7% QoQ in Q1
Tenants prioritising practicality has affected rates.
Gov’t, ASTRI partner for enhanced immigration service
Technology developed by ASTRI will be used to improve work efficiency.
HK's institutional investors infuse US$1.2b into APAC real estate
Investments into Hong Kong, however, dropped.
Hong Kong banks’ loans and deposits ‘virtually unchanged’ in March
But banks saw a decline in foreign currency and renminbi deposits.
HKMA denies links to firms claiming to assist in financial fraud cases
The central bank said that it has reported the case to the police.
Hang Seng Bank maintains HKD lending and savings rate
The lending rate is still 5.875% per annum.
Soundwill pushes to revalue Causeway Bay site as demand declines
The developer also asked for a lower tender price for the site.
LandsD 'area model' idea makes sense for the San Tin Technopole
The government may need to think further outside the box when dealing with the Northern Metropolis, specifically the San Tin Technopole (STT). Whilst it has focused on looking for big companies to settle in the area, there appears to be a minimal overall plan.
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