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In the third of a four-part series on the Greater Bay Area’s fifth anniversary, we look at how Hong Kong has become the de facto wealth management hub for the wealthy. Enhancements to cross-border payments and investments will only add to the city’s lustre.
February 18 marks five years since Beijing unveiled its blueprint to turn the Greater Bay Area into a hi-tech powerhouse by 2035. The region of more than 86 million people covers Hong Kong, Macau and nine Guangdong cities. In the third of a four-part series, Enoch Yiu looks at Hong Kong's progress in becoming the de facto wealth management hub for the wealthy, and what needs to done to stay on top. In the five years since Beijing rolled out a blueprint for the Greater Bay Area, Hong Kong has sol
Airport Authority Hong Kong’s highly anticipated HK$5 billion (US$640 million) retail bonds attracted a huge response when subscriptions opened on Wednesday, banks and brokers said.
Hong Kong’s airport operator will raise up to HK$5 billion (US$640 million) from a retail bond this month, its first offering to the general public in 20 years, to fund its third runway and other operations.
Hong Kong identity card holders will be able to subscribe in HK$10,000 increments starting September 18, with the bonds to support public-works projects.