Hong Kong
ShopBack to expand footprint to Hong Kong on 8 August
Over 250 merchants in Hong Kong have onboarded ShopBack.
Finance ministry to issue 10-year RMB sovereign bonds
The bonds total RMB1b.
HK falls to 8th place in list of places with the highest ex-pat packages
In Asia, the city also had the lowest rate of growth in pay and benefits for expatriates.
Consumption vouchers to be disbursed to 6.36 million people
They will receive the first instalment on 7 August.
Hong Kong receives fewer insurance-related complaints in H1
Complaints about conduct have the most significant number.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Total restaurant receipts down 5.5% in Q2 22
A government spokesman said business improved visibly.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
Around 85% of SMEs cite similar, easier credit approval in Q2 2022
This is up from 75% in the first quarter.
HSBC to meet Hong Kong retail investors after spurning break up call
This comes a day after HSBC promised higher dividends.
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
HSBC profit after tax rose to $9.2b in H1
The board has approved an interim dividend of $0.09 per ordinary share for the period.
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result.
Cushman & Wakefield appoints new Hong Kong head of business development
She will be lead the research and marketing functions in Hong Kong.
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