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    News

    The Hong Kong Monetary Authority proposes to increase the bank license fee by 29% and the annual income will increase to 146 million

    2024.03.19

    According to the news from Zhitong Finance APP, the Hong Kong Monetary Authority submitted a document to the Legislative Council of the Hong Kong SAR, proposing to increase a series of financial institution licenses stipulated in the Banking Ordinance […]
    Asia-Pacific stock market's single-day rise stabilizes at 40,000 points – Wireless News

    2024.03.19

    Asia-Pacific stock markets showed individual development trends in today's trading, and Japanese stocks even successfully returned to the 40,000-point level, showing the vitality and stability of the market. This wave of stocks […]
    Bank of Singapore investment strategy: 3 major themes in China’s stock market worth paying attention to

    2024.03.19

    The Bank of Singapore recently released their outlook for March investment policies. These outlooks are mainly forecasts for local stock markets and the Federal Reserve's interest rate discussions. In terms of China’s stock market […]
    23 pieces of legislation | Li Huiqiong: Promote economic development Zhang Yuren: Lift historical burdens

    2024.03.19

    Li Huiqiong said that the 23 pieces of legislation aim to focus on developing the economy and improving people's livelihood. She believes that all Legislative Council members will go all out to fight for Hong Kong just like safeguarding national security […]
    Wang Yi visits New Zealand to promote free trade upgrade [Major Power Diplomacy]

    2024.03.19

    Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, has just concluded his visit to New Zealand. The Ministry of Foreign Affairs stated that China is willing to create more firsts with New Zealand. Foreign Ministry Spokesperson Lin Jian said that Wang Yi Foreign Affairs […]
    The Hong Kong Monetary Authority plans to increase bank license fees by 29%, which is expected to increase annual revenue by NT$146 million.

    2024.03.19

    The Monetary Authority proposed to increase bank license fees by 29%. This proposal is expected to bring about 146 million yuan in additional revenue to financial institutions. This adjustment affects financial […]
    Hong Kong 01 Economic Summit Forum: Chen Haolian promotes the digital economy to expand the digital renminbi pilot

    2024.03.19

    At the Economic Summit Forum 2023 held on Monday (18th), Hong Kong 01 reported the speech of Chen Haolian, Deputy Secretary for Financial Services and the Treasury. Chen Haolian, the forum host […]
    Bitcoin price rises to 150,000! Standard Chartered Bank predicts higher-than-expected growth this year, and major events will trigger a new surge

    2024.03.19

    FX168 Financial News (Hong Kong) News: In its latest revised outlook, Standard Chartered predicts that Bitcoin will […]
    Holiday economy drives consumption recovery

    2024.03.19

    From the perspective of the overall economy, Duan Chao said that the year-on-year growth rates of production and demand have rebounded well at the beginning of this year, continuing the recovery trend, and high-tech industries continue to accelerate expansion, supporting the overall […]
    The mystery of why high U.S. interest rates haven’t triggered a recession

    2024.03.19

    The U.S. Federal Reserve begins its March policy-setting meeting on Tuesday, and while interest rates remain at 23-year highs, unemployment remains low and stocks hit new highs, the economy […]
    Japan has ended its negative interest rate policy, its economic foundation is not ideal, and there is little room for raising interest rates.

    2024.03.19

    The Bank of Japan announced the end of its negative interest rate policy, which will cause overnight lending rates to rise to a range of 0 to 0.1%. The central bank said that quantitative and qualitative easing (QQE), government bonds […]
    Central Observation: Banks’ high interest rate 10% attracts customers, and securities firms are preparing to enter the market

    2024.03.19

    In Central Observation, we visited the latest "Cross-border Wealth Management Connect" 2.0 plan and found that banks are actively preparing to enter the market to attract more customers. One of the banks […]