News
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs.
Hang Seng rolls out brokerage-free stock investment service programme
Customers may trade the first $300,000 or equivalent of Hong Kong Stocks.
ONE SOHO Commercial Accommodation for sale for $400m
The sale is via public tender.
Deliveroo HK launches initiative to combat food insufficiency
It has partnered with St. James’ Settlement to address the issue.
Evergrande Group asks stock exchange to resume trading
It suspended its trading last 28 September following its executive director’s case.
Retail sales up 13.7% YoY to $32.4b in August
The sector will continue to benefit from the growth of inbound tourism.
Total loans in Hong Kong down 1.7% in August
Total deposits rose by 0.6% during the month, however.
Refinancing loans drive up mortgages by 26.9% in August
Mortgages for financing new homes or primary market transactions fell 19.8%.
Ping An makes management shifts, names Xiaotao as co-CEO
The former co-CEO has resigned due to personal reasons.
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.
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.
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