Hong Kong
Retail sales down 19.4% to $36.2b in December
Jewellery, watches and clocks, and valuable gifts continue to lead the decline.
Retail sales down 19.4% to $36.2b in December
Jewellery, watches and clocks, and valuable gifts continue to lead the decline.
Banks' profits threatened as nCov hits on credit demand, interest margins
Average credit losses are estimated to be 25bp-30bp.
Hong Kong crashes into recession in 2019
This was dragged by GDP contractions recorded in H2 2019.
Exports dipped 4.1% to $3.99t in 2019
This was attributed to a 15.7% rise in exports to Mainland China.
Financial firms undermanned amidst 2019-nCov spread
Expect more delays in the completion of equity sales and bond deals.
HKB Listed Companies Awards is now open for nominations
Deadline of entries for the 2020 edition is on 17 April, Friday.
Ping An's CT imaging vehicle at Wuhan to help treat pneumonia related to 2019 nCov
Medical staff can perform lung CT scans faster for patients in quarantine.
Hong Kong unveils new advance funding arrangement for SMEs
This aims to encourage the private sector to conduct in-house R&D works.
Bank of East Asia closes 20 branches due to coronavirus
ATMs located within closed branches will also be unavailable.
HSBC Life extends nCov benefit programme to families of policyholders
Policyholders and families will receive complimentary benefits starting 1 February.
The search is on for HKB International Business Awards 2020
Deadline for nominations is on 17 April 2020, Friday.
37% of restaurants saw revenue growth in Q4 2019
However, only two in 10 businesses have reported profit growth.
Grade-A office vacancies in CBD hit 3.4% in 2019
Office decentralisation efforts prompted it to hit its highest level in five years.
Residential sales plunged 44.7% in December
Homebuyers were cautious amidst the prolonged social unrest in the country.
Banks urge Hong Kong staff to work from home after travels from China
Global banks are stepping up their measures amidst the coronavirus scare.
HKB Technology Excellence Awards 2020 opens doors for nominations
Deadline of entries is on 26 June 2020, Friday.
Sun Life Hong Kong floats new policies against coronavirus
They will be entitled to a waiting period waiver if diagnosed between 24 January to 30 April.
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