Hong Kong
Kaisa Group's loss widens to $21.8b despite revenue growth
In FY22, the company posted a $14.37b loss.
Kaisa Group's loss widens to $21.8b despite revenue growth
In FY22, the company posted a $14.37b loss.
Parents' financial influence strong amongst Hong Kong adults
Nearly half of them (46%) are attempting to counteract their parents' bad habits.
Hong Kong authorities probe CLP Power for voltage dip incident
CLP Power Hong Kong was requested to submit a report regarding the incident.
HK sets guidelines for travel incentive scheme
Agencies can receive up to $400 in incentives under the scheme.
Cathay Cargo resumes Ho Chi Minh flights after 4-year pause
The flights will run every Thursday.
Share option adoption doubles, share awards quintuple in decade
Healthcare (58.7%) and IT (46.6%) sectors lead in share award adoption.
Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Ripple to issue US-backed stablecoin to bring more liquidity to XRP Ledger
The cryptocurrency will initially be available on XRP Ledger and Ethereum blockchains.
Home Prices see a slight rise after stamp duty cut
It rose 0.62% week-on-week from 11 March to 17 March.
HKTB and Traveloka collaborate to promote Hong Kong in Southeast Asia
Over 3.7 million of HK's visitors in 2023 came from SEA and East Asia.
Bonuses surge for Hong Kong financial professionals
Managing directors in Hong Kong received an average bonus of $3.5m in 2023.
Stamp duty cut may boost property transactions
The move has also given home prices a boost by 2.0%
Targeted agent and radiotherapy possible solutions to immunotherapy resistance in liver cancer — study
The trial showed that targeted treatment and radiotherapy can potentially help liver cancer patients.
Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers
The bank has surpassed $1b in transfer turnover to Web3 clients.
Keppel DC REIT tenant Neo Telemedia suspends trading pending release of 2023 earnings
The company said the auditing process was still ongoing, which caused the delay.
Peter Lau Man-pong succeeds Dominica Yang as HKAC board chair
He has also been re-appointed as chairman of the Arts Programme Committee.
Retail sales value rises 1.9% YoY in February
The total value stood at HK$33.8b.
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