News

New emission caps for two Hong Kong power plants imposed

The new threshold applies to Hong Kong Electric and CLP Power Hong Kong.

New emission caps for two Hong Kong power plants imposed

The new threshold applies to Hong Kong Electric and CLP Power Hong Kong.

Singapore-Hong Kong air travel bubble decision pushed back to July

The Singapore-Hong Kong air travel bubble has been pushed back again.

One in four HK shoppers could do away with bricks-and-mortar: survey

Changes in consumer behaviour as an impact of the pandemic may be here to stay.

FTX founder Sam Bankman-Fried named in first Bloomberg New Economy Catalyst

The list includes policymakers, visionaries and entrepreneurs from all over the world.

Hong Kong’s consumer credit demand rebounds in Q1

Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.

IMF affirms Hong Kong’s “resilient” financial system

But it flagged points of exposure to macro-financial risks.

Angelalign estimates $2.51b net proceeds in global offering

Its offer price ranges from $147-173 per share.

Treat yourself: Hong Kong’s wealthy buy more luxury items after COVID

Around 48% are inclined to buy more high-end goods after the pandemic.

The Exchange, FRC strengthen financial reports oversight

This is to ensure the quality of financial reports of listed companies is upheld.

Residential property deals surge to 9-year high as economy rebounds

Transactions rose 20% to 21,709 in the second quarter.

HK-Georgia tax treaty to enter into force

The agreement will take affect on 1 July, after ratification procedures are completed.

Gov’t extends Cathay Pacific’s access to $7.8b loan facility

The drawdown period will be extended 12 months to 8 June 2022.

Business optimism dented as SMEs “stayed cautious” in May

The diffusion index declined to 44.3 in May from 47.1 in April.

More incentives await Hong Kongers as firms join vaccine campaign

Fully vaccinated residents get a chance to win up to $10,000 vouchers or small appliances.

Plaza Premium, DragonPass partner to bring premium travel services

Together, the companies will be offering access to over 1,700 airport lounges.

S&P downgrades Hong Kong and China Gas to “A-“ over weaker financials

Despite this, the firm maintained its “stable” outlook.

Hong Kong expands risk list in Return2HK scheme

Hong Kong residents coming from at-risk areas will no longer be exempted from quarantine.