Hong Kong
Five industrial buildings in Sai Kung worth $950m for sale
Five industrial buildings in Sai Kung worth $950m for sale
The total site area is 129,526 sq ft whilst the gross floor area is approximately 383,579 sq ft.
Hong Kong fines WeChat Pay HK for legal breaches
WeChat Pay Hong Kong self-reported the case.
Cathay to buy back warrants from gov't for $1.5b
The group expects to repurchase the warrants for at least HK$1.5b.
JLL postpones public auction for Kwun Tong office building
A new date will be announced at a later time.
New World Development warns of $19b to $20b loss for FY 2024
The group cited asset impairments, losses, and higher interest rates for the decline.
Retail sales value drops 11.3% YoY in July
Retail sales volume also dropped 13.3% YoY.
SFC and HKEX modify listing rules for specialist tech firms and De-SPAC transactions
The modification will apply until 31 August 2027.
Mortgage loans up 1.5% MoM in July
Mortgage loans approved in July total $24.8b.
Hong Kong reappoints RTHK chairman of the board
Five incumbent members of the board were also reappointed.
HSBC Singapore names James Coyle as independent non-exec director
Coyle had previously served on the boards of HSBC UK and HSBC Trust.
Higher deposits, wealth buoy BOCHK to 17.9% profit rise in H1
Interim dividend for the period is HK$0.57 per share.
Gov't seeks feedback for Kai Tak, East Kowloon mass transit systems
Since the 2023 Policy Address, the gov't has been laying the groundwork for the projects.
HK Express to resume direct flights to Hiroshima, Japan
It will commence on 1 November 2024.
More roles remain unfilled as Singapore grapples with tech talent crunch: report
Employers also expressed budgeting and ROI concerns when hiring tech talent.
Prime rents slip 0.8% YoY in Q2 2024 amidst increased supply
On a quarterly basis, rents declined 0.5%.
HKMA launches sandbox to accelerate tokenisation adoption
The sandbox will facilitate interbank settlement using experimental tokenised money.
Pay raises remain flat as Hong Kong employers prioritise workforce stability
The average pay rise will remain at 4%.
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