Record Number Of Applications For Subsidised Flats
"); jQuery("#212 h3").html("

"); });
2018-04-12 HKT 09:35
The Housing Authority has received nearly 145,000 applications for a batch of 4,400 subsidised flats – a record over-subscription rate of almost 33 times.
Scores of people flocked to one Housing Authority office in Lok Fu close to the application deadline on Wednesday.
One man, who was too late to put in his application, accused the government of failing to supply enough flats. He also said the quota for single people should be increased.
The Home Ownership Scheme units currently on offer are in three projects in Cheung Sha Wan, Kai Tak and Tung Chung.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more