In Focus
GDP jumps 6.5%
GDP jumps 6.5%
Total exports rose 20.1% in real terms compared to last year while investment spending saw a 15.2% increase.
Hong Kong’s volume of goods exports up 23.1%
Volume of goods imports increased higher than volume of total goods exports by 5.3 percentage points.
HKEx profit up 3% to $2.26bln
Exchange to tap growing Renminbi-denominated products whilst it seeks to draw international listings.
Government to impose stricter property data law
Among required information are agreements for sale and purchase date, units being sold, and transacted amount.
Cathay Pacific to reinstate more capacity as demand increases
Carrier to add 4% more overall passenger capacity to match 2008 pre-financial crisis levels.
Hong Kong’s largest solar power system gets commissioned
The largest solar power system in Hong Kong has been commissioned by HK Electric. Located on Lamma Island, the system is expected to generate 620,000 units of electricity annually.
Cathay Pacific profit skyrockets to $6.8bln
51.1% increase in fuel prices, economic fluctuations and volcanic eruptions can pose threat to sustained growth.
Monetary Authority approves Octopus auditor's appointment
Deloitte Touche Tohmatsu to report whether any third parties had access to Octopus cardholders' personal data.
HSBC profit jumps 121% to US$11.1 billion
This record profit excludes tax and is in comparison with the US$6 billion pre-tax profit for the first half of 2009.
Number of registered companies reaches record high
A total of 815,762 live local companies are listed as at the end of June 2010.
Commentary
How commercial spaces must adapt to changing consumer expectations
AI, data centres, and the coming energy supercycle in Hong Kong
Reinsurance beyond borders: How Hong Kong can strengthen Asia’s risk-sharing architecture
Hong Kong hospitality insights: Robust investment, tourism expansion, and operational recovery
Hong Kong’s insurance boom is facing a financing test