News
Gov’t wants to raise loan limits in bond programmes
The proposal will increase borrowing limits to $300b and $200b in two government bond programmes.
Gov’t wants to raise loan limits in bond programmes
The proposal will increase borrowing limits to $300b and $200b in two government bond programmes.
Daily Briefing: Tesla ditches radar; and Malaysia COVID case ratio exceeds India
And a quick rundown on which countries are eager to reopen borders to tourism as summer approaches.
HKTB starts second round of “Spend-to-Redeem Free Tours”
It allows Hong Kongers to redeem free tours with $800-worth receipts from dining and retail outlets.
Karrie International expects at least 35% profit growth in 2021
This was driven by the growing demand for cloud applications, and online businesses.
Xinyi Glass, Xinyi Solar join Forbes Global 2000 for the first time
Xinyi Glass and Xinyi Solar both made it in the 1,509th and 1,615th rank, respectively.
Daily Briefing: Global property markets to soar; UN envoy warns of potential Myanmar civil war
And more companies to move supply chains to China as COVID cases spike in other Asian economies.
SFC calls for vigilance on online investment scams
In a simulation of the stock scam, the SFC lured 24,000 potential investors.
Hong Kong adopts risk list in Return2HK scheme
Residents from medium or high-risk areas will undergo quarantine.
Hong Kong office vacancy inches up to 9.5% in April
The Grade-A office market saw a net withdrawal of 99,400 sq. ft.
Hong Kong still struggles in some areas of corporate governance: report
The country lags on whistleblowing and anti-graft enforcement stops at its borders.
Reinsurance company Peak Re ends 2020 with soaring $676.12m net profit
This marks the eight consecutive years of stable growth for the company.
JD logistics to raise up to $26.4b in global offering
It is eyeing an offer price worth $39.36-$43.36 each.
Hong Kong Disneyland suffers $2.66b loss amidst COVID
Its revenue also dropped by 76% to $1.4b in 2020.
Hong Kong expands list of high-risk COVID hot spots
Argentina, Italy, Japan, and four other countries are now considered high-risk.
HKMC records $362m loss in 2020
This was a drop from the $317m profit in 2019.
Hong Kong exports rose 32% in the first quarter
Import volumes also increased 24.4% during the first three months of the year.
Furniture company Man Wah profit up 17.5% to $1.9b in 2021
The group saw a strong boost in sales from its China markets.
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