News
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
IMF affirms Hong Kong’s “resilient” financial system
But it flagged points of exposure to macro-financial risks.
Angelalign estimates $2.51b net proceeds in global offering
Its offer price ranges from $147-173 per share.
Treat yourself: Hong Kong’s wealthy buy more luxury items after COVID
Around 48% are inclined to buy more high-end goods after the pandemic.
The Exchange, FRC strengthen financial reports oversight
This is to ensure the quality of financial reports of listed companies is upheld.
Residential property deals surge to 9-year high as economy rebounds
Transactions rose 20% to 21,709 in the second quarter.
HK-Georgia tax treaty to enter into force
The agreement will take affect on 1 July, after ratification procedures are completed.
Gov’t extends Cathay Pacific’s access to $7.8b loan facility
The drawdown period will be extended 12 months to 8 June 2022.
Business optimism dented as SMEs “stayed cautious” in May
The diffusion index declined to 44.3 in May from 47.1 in April.
More incentives await Hong Kongers as firms join vaccine campaign
Fully vaccinated residents get a chance to win up to $10,000 vouchers or small appliances.
Plaza Premium, DragonPass partner to bring premium travel services
Together, the companies will be offering access to over 1,700 airport lounges.
S&P downgrades Hong Kong and China Gas to “A-“ over weaker financials
Despite this, the firm maintained its “stable” outlook.
Hong Kong expands risk list in Return2HK scheme
Hong Kong residents coming from at-risk areas will no longer be exempted from quarantine.
Hong Kong rubber stamps first standard patent by original grant
The country’s new grant system now allows a direct route for patent protection.
Hong Kong-Mexico investment pact to take effect on 16 June
The agreement ensures fair, equitable and non-discriminatory treatment of investments.
Cargo throughput at HK ports dropped 14% in Q1
Total port cargo throughput amounted to 49.2 million tonnes during the quarter.
“Boiler room” fraudsters ordered to compensate 75 investors
Victims of the scam have not been able to recover their investments.
Read Here
Advertise
Sign Up
