Hong Kong
HK dollar deposits decrease by 0.5% in April
HK dollar deposits decrease by 0.5% in April
Total deposits with authorised institutions decreased by 0.3% in April.
Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021
The bank also donated millions to support flood relief efforts.
HKPC launches Green Hall
This will help Hong Kong achieve its carbon neutrality goal before 2050.
Citi Hong Kong makes two senior appointments in Institutional Client Group
The new appointments will be effective immediately.
Net-zero targets uncover HK’s need to increase retrofitting rate: JLL
The city’s real estate sector accounts for 60% of its carbon emissions.
Gov’t relaxes flight ban mechanisms starting 1 June
The adjustments will ease travellers’ journey whilst guarding imported cases.
Hong Kong sees exports rise 1.1% in April
Total exports of goods stood at $389b.
Around 9 in 10 households had internet access in 2021
Smartphones were the top device used to access the internet.
Hong Kong ranks 2nd in the world in play-to-earn gaming adoption
At least two in five Hong Kongers have used play-to-earn platforms.
How can SMEs benefit from HKPC's new digital portal
The portal will offer digital solutions and awareness.
Around 1 in 10 Hong Kongers show PTSD symptoms one year after COVID
Unemployment and time spent watching pandemic news were linked to the symptoms.
Bill strengthening Hong Kong’s cybersecurity underway
This comes amidst threats of cyberattacks on China.
Investors shouldn’t be overly alarmed amidst HKD peg resilience: Bank of Singapore
Risk of Hong Kong Dollar de-pegging is very low.
Real estate investment in HK to reach HK$70b in 2022: report
This is an improvement compared to its 2019 and 2020 levels.
Hong Kong’s property investment growth steadies in H1
Investment activity picked up in Q2 after a slow Q1.
Hong Kong fintech krip launches deals, offers platform for credit card users
Users can access over 6,000 deals from 3,000 merchants.
Cathay Pacific now Asia’s first airline to pivot 10% SAF use by 2030
It sets its sights to buy over 350 million gallons of sustainable aviation fuels.
Commentary
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