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’s KMB in ‘shock’ move to use open-top double-deckers on tourist route

Hong Kong’s KMB in ‘shock’ move to use open-top double-deckers on tourist route

Hong Kong’s KMB will use open-top double-deckers on its sightseeing route, but the fare will be doubled as the firm eyes opportunities brought by a rising number of tourists. The city’s largest bus franchised operator announced on Thursday that renovated open-topped double-deckers would be used for its HK1 sightseeing route in Kowloon, while its fares…

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