Hong Kong
Hang Seng Indexes launches two indices for Mainland stocks
They will track the performance of high-yield securities and tech firms.
Hang Seng Indexes launches two indices for Mainland stocks
They will track the performance of high-yield securities and tech firms.
HSBC to shed $100b in assets in massive revamp
About 35,000 jobs may be axed over the next three years.
Cathay Pacific's passenger load factor fell 1.3% in January
Performance slid due to booking cancellations amidst COVID-19.
Government injects $25b to help businesses weather COVID-19
It took into account feedback from the public, various sectors and Legislative Council members.
ZA Bank cools off price war talks: report
It offers an introductory deposit rate of 6.8%.
Majority expects Hong Kong's economic situation to worsen in 2020
Only 48% of employees expect employers to do better this year.
Real estate investments plunge to lowest in a decade
Investment volumes fell 57% YoY in Q4 2019.
Office rental volumes down in Q4
Vendors were hesitant to accept discounted asking prices.
Luxury residential rents continue to slide in Q4
Landlords were not keen to cut asking rents.
Banks' earnings remain weak as coronavirus cripples operations
Around 20-30% of bank branches will likely temporarily close or shorten operating hours.
Arrivals crash 75% after nCov measures' implementation
Arrivals amongst locals led the decline as it dropped 77%.
Majority of Gen Z use credit cards: survey
They have a median balance per consumer of $4,316 (US$555).
HSBC earmarks $3.9b in liquidity relief for local businesses
It is easing borrowing terms to aid companies affected by the coronavirus outbreak.
Total restaurant receipts down 5.9% to $112.5b in 2019
Q4 marked the largest fall since the outbreak of SARS in Q2 2003.
Credit Suisse calls off Hong Kong meet over coronavirus outbreak
The event was originally scheduled on 25-27 March.
Mastercard, Dah Sing Bank, BBPOS launch mobile payment app for SMEs
Tap on Phone allows merchants to accept contactless card payments.
Property sales crashed 32.4% in January
Residential units showed the greatest decline, with sales plunging by 39.2%.
Read Here
Advertise
Sign Up
