Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong’s HK$50 billion Silver Bonds attract senior citizens amid rate-cut expectations

Hong Kong banks and brokers reported keen interest in the latest batch of Silver Bonds compared with last year after subscriptions opened on Monday. HSBC, the biggest of the city’s three currency-issuing banks, said application volumes and values were higher compared with the first day of sales last year. “The share of digital submission continues…

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Hong Kong leader to ‘use all possible means to speed up Northern Metropolis work’

Hong Kong leader to ‘use all possible means to speed up Northern Metropolis work’

Hong Kong’s leader will exhaust all means, including leveraging legal, administrative and private sector efforts, to speed up development of the Northern Metropolis megaproject near the border with mainland China, the Post has learned. Measures being considered include setting up a company as a vehicle to attract industries more efficiently, adopting mainland construction standards and…

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Hong Kong to update railway standards with national measures to help cut costs

Hong Kong to update railway standards with national measures to help cut costs

Hong Kong is seeking to incorporate national railway standards into local benchmarks in a bid to greatly cut costs and raise efficiency, paving the way for standardised rules and their wider application in future government projects. The move will also help facilitate the export of mainland Chinese building technology, such as modular integrated construction (MiC),…

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