Macao Economic and Financial Services estimates that this year's visitors to Macao will reach a record high of 33 million people.

According to the Wisdom Finance App, the Secretary for Economy and Finance of Macau, Lei Wai Nong, said at the "Opportunities in Macau" interview event that the number of visitors to Macau has quickly recovered this year, with confidence that the total number will reach 33 million, which will be the third highest in history or even more.

Zhitong FinanceJun 18 01:52 ET

Hong Kong Census and Statistics Department: In the first quarter, the total income of Hong Kong residents increased by 9.6% year-on-year to 831 billion Hong Kong dollars.

In the first quarter of 2024, the total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the then market price increased by 9.6% to HKD 831 billion, compared to the same period last year.

Zhitong FinanceJun 17 04:43 ET

Residential property price index in Macau from February to April fell 2% to 222.0 from the previous period.

According to data from the Macau Statistics and Census Bureau obtained by Zhitong Finance APP, the latest Macau overall residence price index for the period from February to April 2024 was 222.0, a decrease of 2.0% from the previous period (January to March 2024), with the Macau Peninsula (219.8) and Cotai (230.9) experiencing declines of 2.4% and 0.1%, respectively.

Zhitong FinanceJun 17 02:20 ET

Hong Kong Exchanges and Clearing Limited has proposed five policy recommendations to promote the dual growth of liquidity and efficiency in Hong Kong's capital markets.

According to the Zhongtong Finance APP, on June 17th, Hong Kong's Financial Services and the Treasury Bureau released a research report entitled "Promoting Dual Growth of Liquidity and Efficiency: Optimizing Hong Kong's Securities Trading Mechanism and Market Operations".

Zhitong FinanceJun 17 02:00 ET

Hong Kong's High Interest Rates May Persist Due to Uncertainty of Fed Rate Cuts

The Hong Kong Monetary Authority said high interest rates may remain for some time as it is uncertain when the US Federal Reserve will cut its interest rates, according to a Thursday press release by

MT NewswiresJun 13 23:00 ET

Chung Yuan Mortgage: The interest rate reduction cycle in Hong Kong may start from the end of this year to the first quarter of next year.

Wang Meifeng said that the interest rate reduction cycle in Hong Kong has the opportunity to start from the end of this year to the first quarter of next year, and then the interest rate in Hong Kong may fall to 4% or below.

Zhitong FinanceJun 13 02:01 ET