Hong Kong
Hong Kong’s population slips 1.2% in mid-2021
There are now 7.39 million individuals in the city.
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
Galaxy Entertainment sees $900m profit in H1 2021
This increased from the $2.9b loss seen in the same period last year.
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Cathay Pacific logs $7.6b loss in H1 amidst COVID-19
The loss is lower than the S$9.9b loss recorded in the first half of 2020.
Currenxie secures US$10m Series A funding
The Hong Kong-based firm was founded by Goldman Sachs alumni.
HKEX sees record 26% profit growth to $6.61m in H1
This is thanks to the buoyant IPO market and strong trading volumes amongst others.
China Youzan widens loss to US$31m in Q2
This dropped further from RMB97.8m (US$15.11m) in Q2 2020.
Techtronic Industries profit climbs over 57% to US$524m in H1
The group also recorded “exceptional” sales growth of 52%.
Hysan profit rebounds to $517m in H1 after 2020 loss
The Group recorded a $2.62b loss in the same period last year.
HKB is now accepting nominations for Made in Hong Kong & Designed in Hong Kong Awards 2021
Firms can submit their entries until 29 October 2021.
Businesses sustain optimism in July: C&SD
This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.
StanChart HK, Sintali-SGS partner to boost EDGE green building standard
The EDGE certification provides a path for buildings to achieve carbon neutrality.
SFC introduces new regimes in investor identification, transaction reporting
The new regimes are expected to be launched in H2 2022 and H1 2023.
E-voucher registration closes on 14 August
The scheme grants $5,000 worth of vouchers for use in retail, F&B establishments, and transport amongst others.
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