News

Cathay forecasts up to $6.5b profit for H1 2026

Cathay forecasts up to $6.5b profit for H1 2026

Passenger and cargo volumes increased in June, although elevated fuel prices continued to weigh on operations.
5 minutes ago

Inflation holds at 2% in June

Higher utility and transport costs were partly offset by declines in basic food and durable goods prices.
6 minutes ago

Asset management AUM hits record $42.2t

Fund inflows, stronger IPO activity and tax reforms are supporting the sector’s recovery, KPMG said.
11 minutes ago

Hong Kong hiring shifts to judgement as AI levels applications

Employers are putting greater weight on communication and practical skills as AI makes applications harder to distinguish.
16 hours ago

Job seekers pressure employers on pay transparency

Nearly half of Hong Kong job seekers only apply for roles that disclose salary ranges.
1 day ago

Unemployment unchanged at 3.7% in April-June

Underemployment edged up 1.6% across the period.
1 day ago

Huanggang Port bill cleared, takes effect 31 July

The legal framework enables joint testing and drills ahead of the facility's launch.
1 day ago

CBRE launches $96m Sheung Wan redevelopment site sale

The site covers approximately 2,479 sq. ft.
1 day ago

HKT plans fourfold AI data centre link upgrade to 3.2Tbps

Hollow-core fibre is expected to cut latency by about 30%. 
1 day ago

SC Capital acquires townhouse compound in Chung Hom Kok, Hong Kong

The group plans to reposition it as a luxury residential development.
2 days ago

UOB Private Bank names Judy Chan as Hong Kong managing director

She will oversee client coverage and team leadership in the city.
2 days ago

Ride-hailing regulations set for August rollout

Licence applications expected to begin by end-November.
2 days ago

HK Express expands Mainland China network with new Wuxi route

Wuxi becomes the airline’s sixth mainland China destination.
2 days ago

Wang Fuk Court owners to receive two-year rental grant until end-2027

Eligible owners will receive $150,000 annually in rental support.
2 days ago

Baidu targets dual-primary Hong Kong listing in 2026

The conversion remains subject to market conditions and regulatory approvals.
3 days ago

Export volume rises 25.8% in May as Taiwan, Vietnam shipments jump

India was the only major market to post a decline, with shipments down 24.5%. 
5 days ago

Central and Admiralty power office rebound

Vacancies fell as prime district leasing drives wider commercial property market recovery.
6 days ago