News

China Lilang posts $664m profit in 2020

Its 2020 performance, however, is down by more than 30% YOY.

China Lilang posts $664m profit in 2020

Its 2020 performance, however, is down by more than 30% YOY.

Advertising budget cut expected amidst varying recovery in industries

Around 44% expect the decrease amidst likelihood of budget cuts in numerous sectors.

Hong Kong customs seized $20m worth of smuggled goods

Some Chinese delicacies found amongst the smuggled goods.

Azure Risk launches Hong Kong operations

The startup has appointed Anmol Sawlani to lead its team.

Hong Kong steps up as 4th leading financial centre in the world

The city’s rating, however, slips two points, the index shows.

Gov't reveals roadmap for electric vehicle adoption

It aims to achieve zero vehicular emissions before 2050.

Decline in Grade-A office rents persisted in February

It was the 21st consecutive month that the overall office rent saw a decrease, JLL said.

Wealth management may boost Hong Kong's family office hub push: survey

An almost unanimous number of respondents agree the wealth management connect will benefit their businesses.

Yardley Securities Limited fined $5m for suspicious fund transfers

The company was found guilty of breaching anti-money laundering regulations.

Cathay Pacific adopts digital passes for international travel

It will validate travellers’ compliance to health-related entry requirements.

L'Oreal survey reveals increasing consumer awareness on environmental issues

Around 70% claimed they are serious about such issues and are willing to act.

Hong Kong's national income falls to $2.8t in 2020

The city’s wealth dropped 5% in 2020, the Census and Statistics Department reported.

CSPC Pharmaceutical gains 38.9% profit

The company’s 2020 performance beats market expectations, the OCBC said.

Cathay Pacific introduces new payment option

Customers can book available seats on any flight with instant confirmation.

OSL DS goes live in first virtual asset trades in Hong Kong

The OSL platform allows users to trade digital assets, such as Bitcoin and Ethereum.

URA unveils redevelopment site Yue Man Square: YM²

It features Hong Kong’s first fully indoor air-conditioned Smart Public Transport Interchange.

Sino-Rich fined $7.2m for anti-money laundering breach

The SFC found $930m worth of questionable cash deposits and transfers made within two years.