Search results
Results from the WOW.Com Content Network
After some 30 years of debate on how to provide financial security for the ageing Hong Kong population, the British Hong Kong Government legislated on a mandatory, privately managed fully funded contribution scheme in 1995 along the lines of the second pillar defined in the World Bank report.
The rate of contribution was progressively increased to 25% for both employers and employees in 1985. The employer contribution was cut to 10% during a recession in 1986. The employer contribution rate was reverted to match the employee rate until the 1997–1998 Asian Financial Crisis, and thereafter lowered to 10% for workers 55 years or younger.
The year of assessment of each year starts from 1 April and ends on 31 March in the next year. For example, the year of assessment for 1 April 2014 to 31 March 2015 is "Year of Assessment 2014/15". However, no adjustment is required to align the financial information with the end-date of year of assessment.
3041.HK Global X FTSE China Policy Bank Bond ETF - tracks the FTSE China Policy Bank Bond Index (Delisted 2021-12-08) 3043.HK db x-trackers MSCI PACIFIC EX JAPAN INDEX UCITS ETF (DR) - tracks the MSCI Pacific ex Japan TRN Index (Delisted 2020-10-27) 3046.HK Value China ETF - tracks the FTSE Value-Stocks China Index
In 2020, Hong Kong was ranked as the world's second-freest economy after Singapore in the Index of Economic Freedom, published by The Heritage Foundation. [ 47 ] [ 48 ] The index measures restrictions on business, trade, investment, finance, property rights and labour, and considers the impact of corruption, government size and monetary ...
Local Full Bank EFA Incorporated in Local address ACU SGS English Other languages Bank of Singapore (part of OCBC Bank) 新加坡银行: Yes: Singapore: 63 Market Street: Yes: No DBS Bank Limited: 星展银行有限公司: Yes: Singapore: 12 Marina Boulevard: Yes: Pri POSB (part of DBS Bank) 新加坡邮政储蓄银行: Yes: Singapore: 12 ...
8 May – The ban on gathering of more than 4 people relaxes to 8 people. [8] [9]15 May – The Independent Police Complaints Council exonerates the police. [10]27 May The Chinese National People's Congress votes in favour of national security legislation that criminalizes "secession," "subversion," "terrorism," and foreign interference in Hong Kong; [11] the legislation grants sweeping powers ...
At the time of CICC's incorporation, China Construction Bank and Morgan Stanley were its largest shareholders, with 42.5% and 35% of interests, respectively. In 1997, CICC established its first overseas subsidiary in Hong Kong, through which CICC became the first Chinese investment bank conducting securities underwriting business in Hong Kong.