News

How Hong Kongers plan to spend their $5,000 vouchers?

A survey found most respondents will spend It on groceries.

How Hong Kongers plan to spend their $5,000 vouchers?

A survey found most respondents will spend It on groceries.

Hutchison Telecom profit drops nearly 80% to $31m in H1

This is much lower than the $146m recorded in the same period in 2020.

SMEs optimism hit 3-year high as economy rebounds

The overall SME leading business index rose to 46.6, the highest since Q3 2018.

Exchange Fund gains $102.7b in H1

Its total assets stood at $4.5t as of end-June.

Manulife’s cashless day surgery e-service offered at HKBH Ambulatory Medical Centre

HKBH offers a HK$500 electronic coupon to select customers of Manulife. 

China Properties profit rebounds to $36.17m in 2021

This followed a net loss of $92.5m in 2020.

New Century REIT suffers US$2.5m in H1

The company recorded a US$1.07m loss in the same period last year.

Hang Seng Indexes to capture growth in China’s consumption sector

The company launched two new indexes as it sees new growth in the sector.

Jobless rate likely to further drop next month

The unemployment rate has been declining for four consecutive months since March.

Hong Kong needs to 'drastically' increase land supply: FS

The housing issue exposes two major problems in the city – income and asset disparity.

Grade A Office vacancy rose to 9.5% in June: JLL

This compared to 9.4% in May as tenants relocated due to improvement in business sentiment.

Cathay Pacific completes end-to-end digital health pass trials

The trials involved two flights from Hong Kong to Singapore and vice versa.

HK hits back at US 'unfounded' national security law claims

The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.

Inflation rate picks up 0.7% in June

But at a slower pace compared to 1% in May.

Asset and wealth management business grows 21% to US$4.5t

The growth was attributed to the strong net fund inflows in 2020.

Citi rolls out real time liquidity sharing solution in APAC

Treasury teams can mobilize liquidity and fund intraday payments in real-time.