Hong Kong
Foreign currency reserves down to US$441.7b in July
This is over US$5m lower from the preceding month.
Foreign currency reserves down to US$441.7b in July
This is over US$5m lower from the preceding month.
HKB Greater Bay Area Enterprise Awards 2022 is now accepting nominations
Submission of entries is until 4 November 2022.
Why demand for nano flats is subsiding
Projects like SOYO in Mongkok only sold less than 30% of its 120 units.
Cathay Pacific to avoid designated airspace zones in Taiwan: report
This comes at the back of China’s recent live-fire military drills.
CK Hutchison profit climbs 4% in H1 2022
Its profit stood at $19.08b.
ShopBack to expand footprint to Hong Kong on 8 August
Over 250 merchants in Hong Kong have onboarded ShopBack.
Finance ministry to issue 10-year RMB sovereign bonds
The bonds total RMB1b.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
Consumption vouchers to be disbursed to 6.36 million people
They will receive the first instalment on 7 August.
Hong Kong receives fewer insurance-related complaints in H1
Complaints about conduct have the most significant number.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Total restaurant receipts down 5.5% in Q2 22
A government spokesman said business improved visibly.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
Around 85% of SMEs cite similar, easier credit approval in Q2 2022
This is up from 75% in the first quarter.
HSBC to meet Hong Kong retail investors after spurning break up call
This comes a day after HSBC promised higher dividends.
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