News

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

Hong Kong’s livi bank records HK$17m operating income

Its loan balance has surpassed HK$1.3b as of end 2022.

Hong Kong’s residential mortgage loans in red decreases to HK$34.4b

The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.

Private flat supply to hit 107,000 in 3-4 years

The latest projection is 2,000 more than the previous estimate.

Bank of East Asia extends Saturday hours of three select branches

The branches can provide personal account opening and general enquiry services.

Hong Kong Airlines clinches investment fund for restructuring

The restructuring will help the airline expedite its business recovery.

HKEX income went up 28% YoY in Q1

The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.

Singaporean WealthTech firm Endowus sets foot in HK

This will be Hong Kong's first fee-only digital wealth management platform.

Exports value dips by 1.5% YoY to $367.2b in March

The pace of decline, however, has moderated.

Unemployment rate drops to 3.1% 

There were 115,100 unemployed from January to March.

HKPC organised 700 FutureSkills training courses with 30,000 students

It also arranged 68 in-house training sessions for employees.

Unemployment rate down to 3.1% in March

The underemployment rate also dipped by 0.1 percentage points to 1.2%.

Hong Kong CPI shrinks to 1.7% in March 2023

Food prices declined against a high benchmark caused by supply disruptions easing the city's inflation rate.

1 in 4 HKers expect business situation to be better in 2Q 2023

But one in ten anticipate the worst business conditions in the city.

HK hotel occupancy soars 72% in first two months

The reopening of borders and lifting all quarantine controls drove the increase.