Hong Kong
HR Briefing: Are the Gen Zs alright?
A study has found Gen Zs are struggling in the workplace.
Inflation rate speeds up 1% in May
This is faster than 0.8% in April.
Emperor International suffers $767.4m loss
Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.
Why Hong Kong needs a corporate wellness paradigm shift now
By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.
AXA, HKBN team up for comprehensive home protection plan
It bundles home insurance with fibre broadband service, network security and a smart home kit.
SFC strengthens policy after Archegos incident
It eyes stricter regulation over prime brokers, amongst others.
Hong Kong may ease entry for vaccinated persons
This does not apply to vaccinated persons from extremely or very high-risk places.
Ping An breaks through with AI-driven drug research
This is expected to speed up drug discovery which at present takes up to 15 years.
HSBC unveils new online trading platform for private bank clients in Asia
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
Sportier look and greater individualisation for the Mercedes-AMG CLS
The new Mercedes-AMG CLS 53 made its public debut in Hong Kong last 19 June.
Hong Kong to rank third in global IPO race
Hong Kong IPO is expected to perform strongly in the second half of the year.
Xinyi Glass secures $1b green loan
The loan from Hang Seng Bank will fund its green projects.
People’s Bank of China to issue RMB5b Bills
It will be issued through HKMA’s Central Moneymarkets Unit.
SFC to raise standards for industry professionals
The revised guidelines will take effect on January 2022.
Cathay Pacific passenger traffic rises 30% in May
The airline carried some 24,000 passengers during the month.
HKMA launches new Regtech guide series for banks
This forms part of the HKMA’s Regtech roadmap.
Hong Kong ranks 7th most competitive economy in 2021
This is two places down from its 2020 ranking
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