Hong Kong
Reinsurance company Peak Re ends 2020 with soaring $676.12m net profit
This marks the eight consecutive years of stable growth for the company.
Reinsurance company Peak Re ends 2020 with soaring $676.12m net profit
This marks the eight consecutive years of stable growth for the company.
JD logistics to raise up to $26.4b in global offering
It is eyeing an offer price worth $39.36-$43.36 each.
Hong Kong Disneyland suffers $2.66b loss amidst COVID
Its revenue also dropped by 76% to $1.4b in 2020.
Hong Kong expands list of high-risk COVID hot spots
Argentina, Italy, Japan, and four other countries are now considered high-risk.
Rising COVID cases burst HK-SG travel bubble anew
The May 26 target date has been postponed.
HKMC records $362m loss in 2020
This was a drop from the $317m profit in 2019.
How companies can protect themselves from cyberattacks during the COVID-19 pandemic
There’s a reason why getting protected online should be one of the top priorities of companies today.
Hong Kong exports rose 32% in the first quarter
Import volumes also increased 24.4% during the first three months of the year.
Furniture company Man Wah profit up 17.5% to $1.9b in 2021
The group saw a strong boost in sales from its China markets.
Citi eyes 1,000 new Hong Kong hires, amidst growth in wealth clientele
The will include 550 new relationship managers and private managers over the next five years.
Hong Kong GDP revised slightly up to 7.9%
The government maintained has its 3.5-5.5% forecast for the full year of 2021.
Government sees “significant” drop in Hong Kong jobless
The unemployment rate stood at 6.8% in March, down from the record of 7.2%.
Hong Kong tightens health protocols for travellers from Taiwan
This comes amidst escalating cases of COVID-19 in Taiwan.
Hong Wei (Asia) loss dips 2.3% to $6.2m in Q1
The improved (but still negative) result was driven by its particleboards segment.
China Youzan records RMB168.17m loss in Q1
This increased from the RMB132.28m loss recorded in the first quarter of 2020.
South China Assets records $3.28m loss in Q1
This is an improvement from the $7.1m loss in the same quarter last year.
Global Strategic Group sees smaller loss at $17.46m over last half-year
The Group previously recorded a $61.06m loss in the six months to March 2020.
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