News

Inflation may still “reaccelerate”: OCBC

The bank maintained its inflation forecast at 1.6% to 1.8% in 2021.

Inflation may still “reaccelerate”: OCBC

The bank maintained its inflation forecast at 1.6% to 1.8% in 2021.

SG-HK air travel bubble to start (again) on 26 May

The proposed bubble has seen multiple delays since it was first supposed to go ahead in November last year.

Aeon Store HK revenue rises 15.5% to $4.9b

This was attributed to sales growth, effective business plan, and government grants.

Business optimism in Hong Kong climbs to 16%

Only 9% of businesses expected a better situation over the coming three months in the preceding quarter.

Pave sees rising demand for overseas property investments

The firm helps buyers purchase cross-border and handles administration for clients.

Market Update: HSI ends week up 1.12% on tech, healthcare gains

The Hang Seng Index (HSI) closed the week up by 323.41 points or 1.12% at 29,078.75 amidst gains in tech and healthcare shares due to fears over COVID-19 resurgence.

Inflation rate speeds up slightly to 0.5% in March

This is faster than the 0.3% recorded in the same month last year.

Hong Kong Customs cracks down on syndicate accused of $2.5b money laundering

Six persons were arrested in the operation named “Shadow Hunter II”.

Here are 2021's hybrid work trends you need to know

The work-from-home setup is unlikely to be going away just yet.

Market Update: HSI up 0.47%, trades higher as developed markets rebound

The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in developed markets.

Jobless rate fell to 6.8% in March, as fourth wave receded

This represents an improvement from the record high of 7.2% between December 2020-February 2021.

Struggling Gen Zs need to be 're-energized': study

More than 50% of Generation Z workers in Hong Kong say they are struggling.

Two-year slump ends as commercial property investment recovers: report

The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.

HKBN interim profit falls 63% to $48.5m

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

Grade A office vacancy up slightly to 9.4% in March

Only Central saw its vacancy rate drop during last month.

Emperor International sells industrial building for $508m

The sale shall be by way of transfer of shares of the company.

Hong Kongers shopping more online during the pandemic: report

42% of the respondents shared the sentiment that e-commerce was helping them through the current crisis.