News
Wheelock acquires Hop Lung Industrial Building for HK$728m
The developer plans to redevelop the building into a "high-quality industrial project."
Wheelock acquires Hop Lung Industrial Building for HK$728m
The developer plans to redevelop the building into a "high-quality industrial project."
HKMCI introduces flexible rental options for homeowners
This aims to help homeowners with their needs.
What expanding Hong Kong companies seek from advisory firms
Eight in 10 companies in the city plan to expand overseas in the next three years.
AirAsia launches new HK-Bali, Jakarta routes
The first flights will operate on 1 and 8 October.
CLP Power partners with Creative Property to promote low-carbon living
The partnership will encourage a low-carbon lifestyle for residents.
PBOC and HKMA sign MOU on cross-boundary linkage of payment systems
They also exchanged views on financial co-operation between the Mainland and Hong Kong.
Cathay Pacific posts 15% lower profit; commits $100b to enhance services
The investment includes the purchase of 30 Airbus A330-900 aircraft.
Paris 2024 Olympics boosts Hong Kong's catering industry
Thanks to the free live streams, the catering industry surged 20%.
Manulife Asia’s profit quadruples, Hong Kong segment doubles core earnings
The group’s NBV margin improved by 3.4 percentage points.
Harbour Centre's loss narrows to $17m in H1 2024
The basic loss per share was at $0.01.
Majority of women want more breastfeeding areas in public places
81.9% suggested commercial and government premises improve breastfeeding facilities’ hygiene standards.
Foreign currency reserves hit US$419.3b in July
It rose from the US$416.3b record in June.
HK prohibits import of seafood products from 10 Japanese cities
This is in response to the Japanese government's discharge of nuclear-contaminated water.
HKMA preparing law amendments for proposed two-tier bankings system
The central bank has published results of its consultation and new parameters added.
Hong Kong logistics rents rise 3.3% in H1 2024
The prime net rent was $15.5m per sq. ft.
HKMA rules out new virtual banking licenses
Competition is keen in the market and enquiries have declined.
HK virtual banks' record 2.2 million depositors by end-2023
Hong Kong's eight licensed virtual banks experienced modest growth over the past three years.
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