Hong Kong
Situation of SMEs remains stable as diffusion index rises to 48.6
Despite the increase, the index was still in a contractionary zone.
Situation of SMEs remains stable as diffusion index rises to 48.6
Despite the increase, the index was still in a contractionary zone.
Development of 30 plots in Fanling and Yuen Long resumes
The lots have a total area of 1.12 hectares.
Hong Kong’s total exports to China down by 6.8% YoY in Q1
This translates to a total of $125.5b worth of exports.
Business receipts of major service industries drop double digits in Q1
Food services had the biggest decline at 23.1% YoY.
What do Hong Kongers buy after getting a loan
Over 33% use a loan to purchase property.
HSBC pulls plug on Hong Kong-based trading startup Serai
The startup said it has been ‘difficult to build a commercially viable business’.
Lam OKs reappointment of Laura Cha as HKEX head
Cha was elected during a board meeting on 27 April.
MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings
The three-year syndicated loan was 2.25 times oversubscribed.
Dah Sing Bank reopens Ocean Walk Branch
The branch was closed earlier this week.
Hong Kong retains its crown as most expensive location in the world
Higher prices and stronger currency have allowed the city to continue its reign.
Cathay Pacific’s $7.8b bridge loan extended for 12 months
It is effective until 8 June 2023.
China’s finance ministry to issue RMB23b of sovereign bonds in HK
The bonds will be issued in four batches.
Premature to say if HK is facing a sixth wave: Lam
The city has been seeing an increase in positive cases since the beginning of June.
Overworked? Study finds that 72% of Hong Kong employees are unhappy
Employees in Hong Kong work an average of 41 hours each week.
CLP Power, ESR partner to develop sustainable date centres, logistics project
This is in support of Hong Kong’s neutrality goals.
Hong Kong’s Dah Sing Bank temporarily closes Ocean Walk Branch
Staff members will be tested for COVID.
Gov’t starts 6-month trial scheme for tourism opening of Sha Tau Kok Pier
After the trial, the government will decide whether it will fully reopen Sha Tau Kok town.
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