Hong Kong
HKEX, HKSTP partner to beef up biotech, fintech initiatives
The MoU is intended to enhance Hong Kong’s standing as a biotech funding hub.
HKEX, HKSTP partner to beef up biotech, fintech initiatives
The MoU is intended to enhance Hong Kong’s standing as a biotech funding hub.
Tech event RISE returns to Hong Kong in 2022
The HKTB and Web Summit said it will be an “in-person” event.
Property sales drop 20% in August
A total of 7,875 transactions were recorded during the month.
Legal Briefing: The ‘Stay Rules’ are here to stay
And what it means for authorized institutions.
HK, SG investors more cautious amidst COVID
About 62% and 69% of Hong Kongers and Singaporeans, respectively, are now investing responsively.
810,000 more Hong Kongers get first $2,000 e-vouchers
In total, the government has disbursed the first vouchers to about 6.3 million individuals.
Hong Kong signs MoU on overseas economic, trade cooperation zones
The MoU was signed with Mainland China’s Ministry of Commerce.
Air ticket lucky draw registration starts 16 September
Vaccinated Hong Kongers may win a round trip economy class ticket.
Could Hong Kong investors’ optimism be dangerous?
Schroders reported that investment returns are expected to average 11% annually.
SIUD profit falls 41.6% YoY to $207.2m in H1 2021
This is despite a 44.3% YoY increase in revenues during the period.
Rents in luxury homes rise 1.4% in Q2
This is the first time high-end residential rents saw an increase since 2019.
Alltronics Holdings profit up 7.76% YoY in first half
This, as revenue from electronic product sales increase during the period.
Gov’t records $57.2b deficit as of July
Revenue during the same period amounted to $147.2b.
Tianjin Development profit grows to $264m in H1
This is up from $115m in the same period in 2020.
Kingboard Holdings profit soars 378% to $5.06b in H1
Revenue over the period amounted to $26.70b.
Kingboard Laminates profit rockets 357.3% to $3.4b in H1 2021
The rebound of the electronics consumables led to increased demand in the laminates industry.
Retail sales growth slows down in July
Sales rose 2.9% during the month, a drop compared to 5.8% in June.
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