New stablecoin licenses are expected to deepen Hong Kong’s digital economy ambitions within the GBA even as decentralised crypto remains banned in mainland China
Business
Adjusted earnings before interest, taxes, depreciation and amortization of HK$917 million were roughly in-line with analysts’ expectations
The recent easing of purchasing restrictions in core districts, coupled with increased mortgage limits, has triggered a surge in transactions and property viewings
The unsecured senior paper will offer an interest rate of 6.25 percent, paid semi-annually until 2033, with the first payment due on 15 November of this year
The new initiative will run from 11 May to 10 July, providing diesel users in Macao with a subsidy of 3.3 patacas for every litre of diesel purchased
A record 314,000 international buyers from 220 countries attended the 139th Canton Fair in Guangzhou, up 1.1 percent year-on-year
The new factory has entered full operation, producing high-quality Bee-brand playing cards for use by local and overseas casino operators
The increasing enterprise prioritisation of artificial intelligence has made the AI trainer the most in-demand cross-border position among Hong Kong businesses
The city’s first-quarter GDP expanded by a real 5.9 percent, marking its fastest year-on-year growth in almost five years and signalling a recovery beyond consumption
