Hong Kong

Aeon Store HK revenue rises 15.5% to $4.9b

Aeon Store HK revenue rises 15.5% to $4.9b

This was attributed to sales growth, effective business plan, and government grants.

Business optimism in Hong Kong climbs to 16%

Only 9% of businesses expected a better situation over the coming three months in the preceding quarter.

Pave sees rising demand for overseas property investments

The firm helps buyers purchase cross-border and handles administration for clients.

Worst is over? Hong Kong's jobless rate drops from 7.2% peak

Despite an uneven recovery, the unemployment rate will likely enter a sustained decline, OCBC has said.

Inflation rate speeds up slightly to 0.5% in March

This is faster than the 0.3% recorded in the same month last year.

Hong Kong Customs cracks down on syndicate accused of $2.5b money laundering

Six persons were arrested in the operation named “Shadow Hunter II”.

Turbulent times ahead as SG-HK travel bubble delayed anew

The declaration of a travel corridor between the two cities has been delayed for the second time.

Here are 2021's hybrid work trends you need to know

The work-from-home setup is unlikely to be going away just yet.

Market Update: HSI up 0.47%, trades higher as developed markets rebound

The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in developed markets.

Jobless rate fell to 6.8% in March, as fourth wave receded

This represents an improvement from the record high of 7.2% between December 2020-February 2021.

Struggling Gen Zs need to be 're-energized': study

More than 50% of Generation Z workers in Hong Kong say they are struggling.

Two-year slump ends as commercial property investment recovers: report

The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.

HKBN interim profit falls 63% to $48.5m

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

Grade A office vacancy up slightly to 9.4% in March

Only Central saw its vacancy rate drop during last month.

Emperor International sells industrial building for $508m

The sale shall be by way of transfer of shares of the company.

Hong Kongers shopping more online during the pandemic: report

42% of the respondents shared the sentiment that e-commerce was helping them through the current crisis.

Market Update: HSI down 1.76% on virus resurgence fears

The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiments.