Hong Kong
GEO Securities Limited fined $6.3m for selling unlisted bonds
GEO Securities Limited fined $6.3m for selling unlisted bonds
The company also failed to disclose its commission for the bond sales.
Export Index rises for the fourth consecutive quarter
Exporter sentiments also improve over economic recovery forecasts.
Hong Kong's BoP surplus widened to $233.5b in Q4 2020
Its gross external debt, however, rose by $506.6b.
Electronics market demand drives up Kingboard Holdings profit
The company’s 2020 profit is 37% higher year-on-year.
Former Long Success officials disqualified over profit guarantee breach
This will be in effect for three years, starting 11 March 2021.
Gold-backed currency ACUG trading launched
A million digital tokens worth an ounce of gold will be issued in the first launch.
HKMC, five banks sign MOU on infrastructure loans framework
The MOU will set out the principal terms for potential infrastructure loan cooperation.
New SME loan scheme takes effect on 29 March
The enhanced scheme will raise maximum loans and repayment period.
Small business confidence crashes to record low: survey
Only 21% of respondents expect their business to grow this year.
Inflation up 0.3% in February
The government has noted consumer prices are volatile around the Lunar New Year celebration.
High unemployment may persist if local infections resurge
The OCBC Treasure Research sees jobless rate to stand between 7%-8% in the first half of the year.
Swire Pacific acquires fresh stake in Mainland China hospital
The investment is a part of Swire Pacific's strategy to diversify its portfolio in the mainland.
Sansheng Holdings' profit rose 19-fold in 2020 as property sales surged
The company has attributed this to the 257% increase recorded in property revenue.
Total employment slipped 4.7% in December
Approximately 2.68 million people were employed in December.
Hong Kong tops bicycle sales in online selling platform Carousell
A total of 63,345 bicycle-related transactions were made in Hong Kong, Malaysia, and Singapore.
Workforce puts importance on upskilling, work-life balance: study
This comes as Hong Kong faces ‘new normal’ and uncertainty in 2021.
Nominations are now open for HKB National Business Awards 2021
Entries will be accepted until 25 June 2021.
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