News
HK bans inbound flights from 8 countries
The flight suspension mechanism will start on 8 January.
StanChart’s HK workforce operates in split teams anew
The new arrangement came after the implementation of stricter measures in HK.
Hong Kong to expand vaccine bubble coverage on 24 February
This will include restaurants and recreational facilities, among others.
Property sales dip 6.8% YoY in December
Total agreements recorded for the month were only at 7,076.
HKEX appoints Kerry Rooks as new Chief People Officer
She will begin her duty on 10 January.
DBS Hong Kong, Haier Group sign $3.11b ESG-linked loan
The group will commit to reducing its energy consumption per business unit.
Retail sales jump 7.1% YoY to $30.7b in November 2021
This is due to the positive consumer sentiment and the economic recovery.
Hong Kong 2022 IPO funds to reach up to $400b: PwC
This could place Hong Kong amongst the top 3 IPO markets globally.
Deposits inch up by 0.6% in November 2021
Total loans and advances “remained virtually unchanged.”
‘Spend-to-Redeem Local Tours’ registration postponed: HKTB
Spending receipts issued since 10 December will remain eligible.
Happy holidays, one and all!
Hong Kong Business will be back on 3 January 2022.
9 in 10 Hong Kongers moved away from cash during pandemic: Visa
Payment card usage increased significantly this year, driven by security and convenience.
Export growth to slow down to 8% in 2022: HKTDC
Export growth in 2022 will be affected by four factors.
Insurers ‘on track’ to boost insurtech industry in Hong Kong
The industry is also supported by initiatives, such as Fast Track for licensing.
More than 70% of HK investors leaning to high risk, newer assets
One asset which investors showed interest in was cryptocurrencies.
HK has 3rd highest adoption rate of neobanks: EY survey
The city ranked behind Germany and Mainland China.
Cathay’s cargo business ‘exceptionally strong’ in November
The airline operated 71% of its pre-pandemic capacity during the month.
Read Here
Advertise
Sign Up
