Hong Kong

China reopening to lift Hong Kong banks’ earnings: Fitch

Fitch Ratings expect higher net interest income and NIM. 

China reopening to lift Hong Kong banks’ earnings: Fitch

Fitch Ratings expect higher net interest income and NIM. 

Residential property at Ap Lei Chau for sale at $157m

It is 2.4k-square foot which includes two buildings.

CLP earnings down 89.1% to $924m YoY in 2022

Its business in Australia reported a $5.3b loss.

Cathay Pacific's loss widens in FY22 at $6.5b

The airline, however, remains positive about its future.

Hong Kong's Hottest Startups of 2023

Startups with "disruptive applications in the Web 3.0 space" dominate.

Hospital Authority to form committee on reviewing public hospital policies

The hospital authority will invite experts to improve policy direction in hospitals.

Residential market to post slow growth after border reopening

Buyers hold a wait-and-see approach until the economy improves.

HK Insurance Authority launches new QDAP selection tool

Users can choose and compare any available QDAP policies using the search tool.

Foreign currency reserves hit US$429.1b in February

It contracted from the US$436.5b record in January.

Experts rally for change in legal industry’s ‘billable system’ 

A report from UC Hastings College of the Law stated that  "a most-hours-wins system disproportionately disadvantages women partners.”

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

87% of Hong Kongers aware of the Metaverse: survey

75% of the city’s Millenials and Gen Z were looking forward to it.

Phishing attacks surge 90% in Q4 2022

A report revealed that the number of attacks exceeded above 10,000.

Gov’t to provide over 4,000 jobs in Mong Kok fair

The job fair will happen on 8 March to 9 March.

Relaxation of measures unable to lift real estate investment sales: Savills

In Q4, commercial investment volumes contracted by 44.3% YoY.

SJM Holdings braces for bigger loss in FY22

It expects to record a loss of $7.8b.