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BUSINESS GOVirtual Expo & Conference 2022

BUSINESS GOVirtual Expo & Conference (BUSINESS GOVirtual), the Hong Kong's first physical B2B "Tech x Business" event in the post-pandemic period, gathers leading IT companies and solutions providers under one roof to demonstrate their latest technologies. It is also the platform where showcases the key technological advancements for social and business engagement in the new digital era. The development of the Greater Bay Area is accorded the status of critical strategic planning in the Chinese government's blueprint, with great significance in China's initiative on innovation-driven development. Strategically held in Hong Kong, the international innovation and technology hub, BUSINESS GOVirtual serves as a communication platform for tech companies to exchange ideas, collaborate and foster partnerships. On top of the physical event, the brand new "GOVirtual OMNI," an online platform for the Expo and Conference, welcomes regional exhibitors and visito

iBond allocation announced

Subscription and allocation results for the eighth inflation-linked iBond were released today, with each valid application to be allocated up to three units.   A total of 709,198 valid applications were received for more than $53.9 billion in principal amount of bonds. The final issue amount is $20 billion.   Financial Secretary Paul Chan said the latest issuance of the iBond has been warmly received by the public, with both the volume of applications and the total application amount achieving record highs since the iBond's inaugural issuance in 2011.   He noted that the issuance of the iBond provided the public with a safe investment choice of steady return under the current low interest rate and uncertain investment environment.   It also further enhanced the investing public's interest in and awareness of bond investments, thereby promoting the development of the retail bond market in Hong Kong, he added.   The 55,381 applications for two units or less will be allocated the full amount.   The other 653,817 applications for more than two units will be allocated two units each, while 605,727 will be allocated one additional unit after a ballot.   The iBond will be issued on June 23 and listed on the Stock Exchange on June 24.  
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