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'China's London'? Hong Kong's finance hub status will be cemented by mainland's economic development, summit told

Hong Kong's status as an international financial centre will be reinforced by yuan internationalisation and China's economic transformations, according to top finance officials and industry players. Despite facing "unprecedented changes", Hong Kong's connectivity with mainland China and potential to tap growing opportunities arising from the increased use of the mainland currency globally will consolidate and enhance the city's unique status, deputy financial secretary Michael Wong Wai-lun told

'China's London'? Hong Kong's finance hub status will be cemented by mainland's economic development, summit told

Govt releases latest net pay trend indicators for salary adjustments of civil servants

The latest net pay trend indicators (PTI) for civil servants in the upper, middle, and lower salary bands range from 4.01 to 5.47 percent, a.

Hong Kong civil servants in line for pay rises of up to 5.47% if survey findings endorsed, despite calls for salary cuts as deficit balloons

Findings of pay trend survey suggest increments of 4.01% for high-ranking civil servants, 4.32% for middle-level ones and 5.47 per cent for junior staff.

HKMA forges deeper ties with Saudi Central Bank

Himo Liu The central banks of Hong Kong and Saudi have signed a memorandum of understanding to strengthen financial collaboration. The Saudi.