News
Swire Properties posts $766m loss in 2024
Swire Properties posts $766m loss in 2024
This was mainly due to a larger fair value loss on investment properties
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.
AIA’s sees profit surge of 81.2% YoY in FY 2024
EPS stood at $0.62.
Manufacturing industrial production index up 1% YoY in Q4 2024
Increases in output volume were recorded mainly in the metal industry.
MSIG USA expands political risk insurance with Asia partnership
This combines MSIG USA’s underwriting expertise with regional market knowledge.
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.
PCPD clears Companies Registry of privacy violations over 100,000-person data breach
There was no evidence that the leaked personal data were accessed without authorisation or by accident.
Prince of Wales Hospital gains accreditation under China's int'l standards
This follows Pamela Youde Nethersole Eastern Hospital, the first accredited facility.
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