News

Hong Kong maintains fourth place in global finance index

The Government attributes the current ranking to the “one country, two systems” principle.

Hong Kong maintains fourth place in global finance index

The Government attributes the current ranking to the “one country, two systems” principle.

Best Mart 360 earns $694.3m gross profit for 9 months ended 2023

The company had changed its financial year end from 31 March to 31 December.

CR Construction’s revenue declined 15% in FY2023

The company’s net profit also decreased 1.0% in FY2023.

AEC Group and CRREM partner to fast-track net-zero transition in Asia Pacific real estate

The two forged a partnership to champion the Net Zero Real Estate Pioneers initiative in Asia Pacific.

New public rental housing income and asset limits set after economic review

Current economic outlook and past practices in income limit reviews were amongst the factors considered in the adjustments.

Kaisa Prosperity gross profit climbs 2.2% YoY in FY23

Total GFA under management amounted to 102.3 million sq.m.

Hang Seng Indexes makes changes to industry classification system

Four new sub sectors have been established, for a total of 105 subsectors.

Standard Chartered HK’s priority banking clients doubled in 2023

Overseas spending from priority clients have increased 2.5 times last year, SCHK said.

Henderson Land Development’s profit rises to $9.26b in 2023

The proposed final dividend will be distributed to shareholders on 21 June 2024.   

Wing Tai posts $812.4m net loss in FY2023

Dividend per share for the period was $0.08.

Hong Kong’s Buildings Department approves 20 building plans in January

The department has also issued 20 occupation permits across different locations.

Henderson Investment suffers $72m loss in 2023

It was mainly attributed to lower sales at APITA at Taikoo Shing.

Westbound Lane at Yiu Hing Road reopens after six-month closure

The section was closed following a severe landslide last September.

HTHK collaborates with BAHK for seamless 5G connectivity at Art Basel Hong Kong

This marks HTHK’s third consecutive year of partnership with BAHK.

Ping An posts $16.3b operating profit in 2023

Life & Health experienced steady business growth.

OOIL profit drops to $10.7m in 2023

Group revenue for the year stood at $60.25m.

Cathay Pacific records a 61.6% growth in passenger traffic in February 2024

The airline recorded its most passengers in a single day on 18 February.