Hong Kong

GDP dips 1.4% YoY in Q2: advance estimates

The decline was due to the weak performance in external trade.

GDP dips 1.4% YoY in Q2: advance estimates

The decline was due to the weak performance in external trade.

HSBC profit after tax rose to $9.2b in H1

The board has approved an interim dividend of $0.09 per ordinary share for the period.

Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022

External factors such as the fifth wave of the pandemic affected the financial result.

Cushman & Wakefield appoints new Hong Kong head of business development

She will be lead the research and marketing functions in Hong Kong.

Approved mortgage loans drop 5.9% MoM in June

The drop was likely due to the decrease in applications during the same month.

Hong Kong ‘s ZA Bank offers up to 5% Bloom Coins reward for card spend

They can use the coins to redeem NFTs, e-vouchers, amongst others.

JLL Hong Kong, Kai Shing Mgmt tenants can now pay via WeChat Pay HK app

Users simply need to input their e-Bill number to pay their management fees.

Positive experience boosts Hong Kong’s retirement mastery index score

The city’s score went up from 4.8 to 61.1 in the Sun Life Retirement Mastery Index.

Enhanced digital relationships amongst key drivers for better performance, says SHINEWING (HK) CPA Limited partner

Andy Wong mentioned that businesses that can navigate through the pandemic have great capabilities in technology adoption.

Hong Kong Island to see ‘moderate’ office rental growth in H2 

Rents are more affordable compared to pre-pandemic levels.

HKMA raises its base rate to 2.75%

The new rate took effect on 28 July.

Weaker retail sales to put pressure on HK shop rentals: report

Retail sales dropped by 2.9% for the first time in five months.

Exports value dip 6.4% YoY to $380.7b in June

The Census & Statistics Department said exports to the Mainland continued to fall.