News

Xinyi Glass secures $3b syndicated loan for green projects

The funds will be used to purchase clean energy-powered equipment.

Xinyi Glass secures $3b syndicated loan for green projects

The funds will be used to purchase clean energy-powered equipment.

Aoyuan’s contracted sales up 33% to US$10.4b in H1

The gross floor area sold is approximately 5.96 million square metres.

Over 1.5 million apply for Hong Kong’s e-consumption voucher

The vouchers, worth $5,000, may be used at online and physical stores in retail, F&B, and other services.

Hong Kong raises fund for 5G deployment

The funding was raised to $100m from $50m.

Zylox-Tonbridge estimates $2.37b gains in global offering

The company has set its offer price at $42.7 per share.

Hong Kong intensifies air cargo security

This comes as the International Civil Aviation Organization’s air cargo security policy takes effect.

Far East Consortium closes largest hotel deal in London

The Group is estimated to gain £50m in profit.

Licensed corporations up to 3,159 in 2020/21: SFC

The total number of licensees and registrant rose to 47,178.

New railway to drive up residential demand in Tokwawan

The completion of Tuen Ma Line is expected to benefit home prices in the area.

Canvest, China Carbon Neutral join China’s carbon peaking, neutrality target

The companies have partnered to help reach peak carbon emissions by 2030 and carbon neutrality by 2060.

Cathay Pacific Cargo launches new ultra-tracking system worldwide

Ultra Track offers a near real0time monitoring of cargo shipment.

AXA HK floats free PA protection to boost tourism, COVID vaccine

Those aged between six months to 85 years can avail of the programme.

Food operator Fairwood sees profit soar 152.4% to $153.6m

This was driven by increased productivity and cost management amongst others.

Jacobson Pharma profit climbs nearly 20% to $173.7m

This is despite the 8% revenue drop during the year ended March 2021.

HK online shoppers prefer to buy from China, Japan, USA

Three in four Hong Kong eCommerce shoppers prefer to buy their goods cross-border.

SFC to require periodic review of ESG funds

In a new circular, the SFC asks for the assessment of how ESG factors are incorporated in the financial market.

Hang Seng Index underperforms against world peers: Analyst

This was partially attributed to the absence of cyclicals in the index.