News

What’s next for the exchange-traded funds market? PwC explains

The market is ready for product development transformation.

What’s next for the exchange-traded funds market? PwC explains

The market is ready for product development transformation.

SME receipts diffusion index dips to 29.9 for February

The logistics and real estate sectors saw the most dips at 20 and 25.9, respectively.

HKSTP, Infineon launch microelectronics incubation programme

The three-year programme aims to nurture startups in the microelectronics sector.

Cathay Pacific cuts losses from $21.6b to $5.5b loss

Despite this, the current restrictions in place for Hong Kong show a bleak outlook.

Slow down of launches to spur competition in the residential market: JLL

2022 saw the number of applications for pre-sale consent surge to 7,094, the highest ever recorded. 

Deliveroo expends $2m in plastic-free incentives with restaurants

This was the result of a partnership between the delivery company and Sustainabl.

OLA to continue subsidy efforts under Anti-Epidemic Fund's 6th round

The application period is set to last until 17 March.

Port cargo throughput decreased 14.3% YoY

The total throughput recorded was 213.7 million tonnes.

AIA acquires Blue Cross for $1.53b

This is set to expand the scope of the Bank of East Asia’s existing partnership with AIA. 

Retail sales value up by 4.1% in January

The growth, however, was lower than the December 2021 record of 6.1%.

DBS Hong Kong suspends counter services in 14 branches

All branches will be closed every Saturday.

72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m

The industrial building in Kwai Ching will be sold on an “as-is” basis.

Hong Kong property sales down by 32.4% MoM in February 

Total consideration for sale and purchase of properties also went down by 33.7% MoM.

Bill on rental moratorium may pressure tenants, landlords: CBRE

The proposed law will pose potential cash flow issues.

Around 5 of 10 FIs use robotic process automation

This is expected to grow as 31% plan to adopt RPA in the next 6 months.