News
Cathay Pacific sends medical supplies to India amidst COVID-19 surge
Some 100 tonnes of supplies were flown direct to India.
Cathay Pacific sends medical supplies to India amidst COVID-19 surge
Some 100 tonnes of supplies were flown direct to India.
Hongkong Land “uncertain” over COVID-19's full-year impact
The property firm has yet to determine how the prolonged pandemic will affect its performance.
Revere VC raises $1.35m in latest seed round
This is intended to provide a more holistic way to invest in venture capital.
Pandemic continues to dampen restaurant activity, as receipts drop 8.8%
Total receipts for the first quarter have been estimated at $19.7b.
Hong Kong's private sector ends 3-year decline in output
The Purchasing Manager’s Index posted 50.3 in April, IHS Markit reported.
Dairy Farm, CLPe Solutions to develop 1 million kWh solar panel system
The 2,000-solar panel system will be the largest in Hong Kong’s retail sector.
Government eyes extensive voucher coverage
The e-consumption vouchers, however, will not be useable for paying government fees.
At least 100 buildings in Hong Kong in danger of depreciating value: JLL
These buildings need significant upgrading to remain relevant and attractive to their tenants.
SF REIT eyes up to $2.68b in first global offering
The logistics-focused REIT will price its offer between $4.68 and $5.16 per unit.
New travel scheme welcomes non-HK residents from China
The Come2HK Scheme will be rolled out later this month.
Hong Kong lifts UK, Ireland travel ban
Travellers may fly to Hong Kong, starting 7 May.
Green finance grant scheme starts 10 May
The scheme will grant subsidies to bond issuers and loan borrowers to cover expenses.
Private Swiss bank buys BMO private bank in Hong Kong and Singapore.
The J Safra Sarasin Group completed the acquisition of the Bank of Montreal’s Private Banking Business.
Fewer SMEs now struggle in securing bank credit: survey
A total of 30% of SMEs perceived more difficult credit approval, down from 35% previously.
Luxury property market rebounds 0.8% in Q1 after 2020 drop
This followed the luxury residential market’s 8.2% decline last year.
IBI Group expects up to $56m profit
The Group’s preliminary estimates saw an increase in profit of between $51.9m and $56.2m.
Automation threatens 56% of the Hong Kong workforce
Fears over automation putting jobs at risk remains prominent amongst Hong Kongers.
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