News

Gold-backed currency ACUG trading launched

A million digital tokens worth an ounce of gold will be issued in the first launch.

Gold-backed currency ACUG trading launched

A million digital tokens worth an ounce of gold will be issued in the first launch.

HKMC, five banks sign MOU on infrastructure loans framework

The MOU will set out the principal terms for potential infrastructure loan cooperation.

New SME loan scheme takes effect on 29 March

The enhanced scheme will raise maximum loans and repayment period.

Inflation up 0.3% in February

The government has noted consumer prices are volatile around the Lunar New Year celebration.

Swire Pacific acquires fresh stake in Mainland China hospital

The investment is a part of Swire Pacific's strategy to diversify its portfolio in the mainland.

Sansheng Holdings' profit rose 19-fold in 2020 as property sales surged

The company has attributed this to the 257% increase recorded in property revenue.

Total employment slipped 4.7% in December

Approximately 2.68 million people were employed in December.

Moody's affirms Mong Duong Finance's Ba3 rating

The firm has also revised Mong Duong Finance’s outlook to 'positive'.

Hong Kong tops bicycle sales in online selling platform Carousell

A total of 63,345 bicycle-related transactions were made in Hong Kong, Malaysia, and Singapore.

January exports up 44.6%

Price of total exports decreased 0.4%.

Sun Hung Kai profit rose 22% in 2020

It also marked the company’s transformation to an alternative investment platform from a securities house.

China Lilang posts $664m profit in 2020

Its 2020 performance, however, is down by more than 30% YOY.

Advertising budget cut expected amidst varying recovery in industries

Around 44% expect the decrease amidst likelihood of budget cuts in numerous sectors.

Hong Kong customs seized $20m worth of smuggled goods

Some Chinese delicacies found amongst the smuggled goods.

Azure Risk launches Hong Kong operations

The startup has appointed Anmol Sawlani to lead its team.