News

Hong Kong Land H1 profit tumbles 4%

Caused mainly by a smaller valuation gain.

Tony Fung to build US$3.75 billion casino in Australia

Casino will target wealthy Chinese tourists.

Hong Kong awards contracts to build government “cloud”

Contracts worth US$16.3 million went to 44 companies.

Hong Kong's home sales crashed 30.2% to $21b in July

Only 3,986 sale and purchase agreements were recorded.

19 building plans get approval

Six were located on Hong Kong island.

Total receipts up 4.5% to $23.1b

Only a slight increase from Chinese restaurants.

Middle class mainlanders profitable targets for Hong Kong businesses

HK firms should focus on product and service quality.

New offshore renminbi bond market issuances plunge 964%

Renminbi internationalization encountering new problems.

Asia’s largest retailer sets sights on ParknShop

Aeon Co Ltd could compete against other Asian retail giants.

Indonesia’s Tigerair Mandala opens direct flights to Hong Kong

Jakarta to Hong Kong route is airline’s longest and farthest.

Hutchison H1 profit rises 23%

But uncertainty will remain a challenge in H2.

Exchange Fund's total assets plunged to $2.8472t

On the back of lower foreign currency assets.

Hong Kong's total deposits dipped 1.1%

HK-dollar deposits also declined.