Hong Kong
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Cathay Pacific logs $7.6b loss in H1 amidst COVID-19
The loss is lower than the S$9.9b loss recorded in the first half of 2020.
Currenxie secures US$10m Series A funding
The Hong Kong-based firm was founded by Goldman Sachs alumni.
HKEX sees record 26% profit growth to $6.61m in H1
This is thanks to the buoyant IPO market and strong trading volumes amongst others.
China Youzan widens loss to US$31m in Q2
This dropped further from RMB97.8m (US$15.11m) in Q2 2020.
Techtronic Industries profit climbs over 57% to US$524m in H1
The group also recorded “exceptional” sales growth of 52%.
Hysan profit rebounds to $517m in H1 after 2020 loss
The Group recorded a $2.62b loss in the same period last year.
HKB is now accepting nominations for Made in Hong Kong & Designed in Hong Kong Awards 2021
Firms can submit their entries until 29 October 2021.
Businesses sustain optimism in July: C&SD
This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.
StanChart HK, Sintali-SGS partner to boost EDGE green building standard
The EDGE certification provides a path for buildings to achieve carbon neutrality.
SFC introduces new regimes in investor identification, transaction reporting
The new regimes are expected to be launched in H2 2022 and H1 2023.
E-voucher registration closes on 14 August
The scheme grants $5,000 worth of vouchers for use in retail, F&B establishments, and transport amongst others.
Hong Kong’s recovery likely to remain moderate, gradual in H2
The strict COVID-19 measures are expected to dampen the city’s economic growth.
Hysan, IWG partner to operate flexible workplaces in GBA
The joint venture will operate all 32 existing locations under IWG across the Greater Bay Area.
What you need to know when going to Hong Kong
The government recently imposed stricter measures for overseas arrivals.
New China law counters international law sanctions
The measure, backed by Hong Kong, stands against “unilateral coercive” sanctions by the international community.
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