News
Cargo throughput slips 2.9% in July: COSCO
This was driven by port congestion at some terminals.
ESR enters co-investment agreement to form logistics platform in China
A total of $271.22m is under commitment from ESR.
Tianjin sees at least 75% growth in profit for H1 2021
It is due to the rise in revenue from the increase in container throughput and bulk cargo volume.
SFC, ICAC busts five people for suspicious money lending
The arrested individuals included a former and a current senior executive.
Cathay Pacific traffic rises 25% in July
Its operations were, however, affected by the travel ban in COVID-19 high-risk territories.
Hong Kong airport sees 15.5% more passengers in July
There were 111,000 passengers during the month.
Hong Kong exports rise 26.1% in June
Its total imports also went up 25.6% in the same month.
Hong Kong’s population slips 1.2% in mid-2021
There are now 7.39 million individuals in the city.
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
Galaxy Entertainment sees $900m profit in H1 2021
This increased from the $2.9b loss seen in the same period last year.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
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.
The search is on for the leading exporters in the Asian Export Awards 2021
Nominations will close on 29 October 2021.
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