Legco Complex Expansion To Cost HK$1.2 Billion
"); jQuery("#212 h3").html("

"); });
2021-08-16 HKT 15:24
Legco president Andrew Leung has put a price tag of HK$1.17 billion on the expansion of the Legislative Council complex to accommodate an additional 20 lawmakers following Beijing’s electoral overhaul.
He said the project is expected to get underway in mid-2022 and should be finished by mid-2025. Four storeys will be added to the existing building and a 10-storey-high structure will be built in the garden.
Leung said meetings will still be held in the existing complex in the meantime, but half of the future 90 lawmakers will temporarily work in a building next to the complex.
"As a transitional arrangement, the government has rented three floors of Citic Tower for the use of Legco’s secretariat, 45 lawmakers as well as their staff members," he said.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
