Hong Kong
Bullish year for HKEX expected with projected rise in average daily turnover
Bullish year for HKEX expected with projected rise in average daily turnover
Analysts project a significant market upturn, driving HKEX’s P/E multiple up by 18% and setting a target price of $490.
HK Express to launch direct flights to Cheongju and Daegu in June
The new routes will be launched on 5 and 6 June.
Court orders 3-year corporate ban on Anxin’s ex-financial controller
Yang has been banned from undertaking corporate roles for three years.
Gov’t enhances two funding schemes for SMEs
The changes will apply to funding requests received from 14 March.
Orient Overseas (International) Limited’s FY2024 profit surges 88.4% YoY
Earnings per share stood at $30.31 (US$3.90).
Hang Seng Bank becomes green partner of HKSTP
They will develop two programmes to promote sustainability in businesses.
Manufacturing industrial production index up 1% YoY in Q4 2024
Increases in output volume were recorded mainly in the metal industry.
Prudential makes leadership appointments in Hong Kong
A chief risk officer and general counsel were appointed.
TGG Enterprise, Bingo Group ink deal on content business collaboration
Lit Studios will assist Bingo in promoting its video content.
Gov’t to enhance measures against illegal parking
It will continue to conduct daily monitoring, surprise inspections, and regular meetings.
Hong Kong drives Asia's equity growth despite $1.3t market shortfall: report
The combined value of Hong Kong companies remains $1.3t lower than the 2020 level.
Prince of Wales Hospital gains accreditation under China's int'l standards
This follows Pamela Youde Nethersole Eastern Hospital, the first accredited facility.
Millennials and Gen Z drive 76% surge in Hong Kong's revolving credit
Millennials accounted for 40% of new revolving credit users, whilst Gen Z’s participation more than doubled (+127.8% YoY).
One in three professionals struggles with AI prompt writing
Employees say they need clearer guidance on AI-relevant skills (53%), better access to training programs (45%), and more financial/time support (35%).
Cathay Pacific’s passenger count jumps nearly 27% in 2024
Revenue surged 10.5% to $104.37b.
KoverNow, Aristo Watch partner for luxury timepieces coverage
The insurer also offers plans for jewellery and handbags.
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