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Among the major banks, Bank of China (Hong Kong) recently cut short-term and medium-term deposit rates for the second time this year.
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Three-month and six-month term deposit rates were cut by 0.3 percentage points to 3.5% and 3.4%, respectively, from 3.8% and 3.7%, making them the lowest rates among the four major banks.
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Standard Chartered Bank will also cut its three-month and four-month term deposit rates to 3.8% and 3.7%, from 4% and 3.9%, the same level as HSBC and Hang Seng Bank.
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So far, all short-term and medium-term deposit rates of the four major banks are below 4%.
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The selected contestants of the TVB program "Asia Superstar Group" have formed a boy band, and Eric Tsang announced that the group would be named "Dragon 9", sparking a heated debate.
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Former E-kids member Tommy Nguyen used the opportunity to post a message saying that the group's original name was A4.
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"153 first helped me change the name, which was crazy! We were called 'A4!!!' back then.
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When he got so excited and solemnly introduced us, I was young and frivolous and blurted out 'A4??? Paper???' After that, the whole audience was silent and 153 immediately frowned and adjourned the meeting." When talking about Loong 9, Tommy said, 'But this group of ?? kids are more pathetic and this name will definitely make people laugh for the rest of their lives.'【Market Volatility Management】Secure your financial future with smart investment strategies.
