Hong Kong

HSBC's profit up 82% amidst expected credit losses

Its net profit for the quarter amounted to $35.7b (US$4.6b).

HSBC's profit up 82% amidst expected credit losses

Its net profit for the quarter amounted to $35.7b (US$4.6b).

Travel scheme Round Two may start soon as tour limits relax

The first round, suspended in December, will likely resume in May.

HKMCI starts 100% personal loan guarantee scheme applications

The government will accept applications for six months.

Market Update: HSI extends loss, down 0.04%

The Hang Seng Index extended its recent losses, closeing down marginally by 0.04% or 11.29 points to end at 28,941.54 on Tuesday. This comes as investors await comments from the policy meeting of the US Federal Reserve.

Hong Kong extends Return2hk scheme for residents from China

Hong Kong residents may return to the city between 29 April to 16 May.

March sees $27b trade deficit

The total value of exports and imports rose 26.4% and 21.7%, respectively.

Gov't starts application for club-house subsidy

The scheme will extend $100,000 worth of subsidies for entertainment venues.

Colliers' Chris Currie promoted to Head of Occupier Services in Hong Kong

John Davies and Terry Shum also joined the Hong Kong team as part of a series of promotions.

Singapore Airlines, Cathay Pacific release SG-HK flight schedules

The inaugural flights between Singapore and Hong Kong will depart from 26 May.

Market Update: HSI down 0.43% as overseas virus resurgence worries weigh

The Hang Seng Index closed down 0.43% or 125.92 points to end at 28,952.83 on Monday, as fears over the resurgence of COVID-19 in overseas markets weighed on investor sentiment.

Things you need to follow for the HK-SG Air Travel Bubble

Hong Kong and Singapore have confirmed designated flights will begin on 26 May.

Inflation may still “reaccelerate”: OCBC

The bank maintained its inflation forecast at 1.6% to 1.8% in 2021.

SG-HK air travel bubble to start (again) on 26 May

The proposed bubble has seen multiple delays since it was first supposed to go ahead in November last year.

Aeon Store HK revenue rises 15.5% to $4.9b

This was attributed to sales growth, effective business plan, and government grants.

Business optimism in Hong Kong climbs to 16%

Only 9% of businesses expected a better situation over the coming three months in the preceding quarter.

Pave sees rising demand for overseas property investments

The firm helps buyers purchase cross-border and handles administration for clients.

Worst is over? Hong Kong's jobless rate drops from 7.2% peak

Despite an uneven recovery, the unemployment rate will likely enter a sustained decline, OCBC has said.