News
Chow Tai Fook reports 20.4% drop in revenue amidst demand decline
Chow Tai Fook reports 20.4% drop in revenue amidst demand decline
Macroeconomic externalities and high gold price volatility drove down the demand.
Hong Kong lenders chase after small-ticket loans, maintain tight standards
They’ve embedded services in digital wallets to increase to get more customers.
Hong Kong accounts for 45% of second-hand toy sales in Asia
It is the second highest earner from secondhand item sales in the region.
HK sees decline in white-collar job vacancies in 2024
Only 55% of employers forecast a pay rise for employees in 2025.
Cathay Pacific to invest $100b in HKIA in next seven years
The investment includes orders for more than 100 new aircraft.
Exports value eases to 3.5% YoY in October
In September, exports value rose 4.7% YoY.
Hongkongers' monthly savings rise to $9,800
This represented a 10% increase from last year.
Hang Seng Bank, CityUHK launch tech innovation programme
It will focus on three key areas.
Residency scheme drives demand for luxury housing, boosts capital flow
Hong Kong’s expanded investment scheme sparks demand for premium properties.
Gov’t revokes license of employment agency Saiko Hong
The license was revoked after the company was convicted of overcharging commission.
Hong Kong central bank welcomes complete migration to Credit Data Smart
Banks and lenders now operate under a multiple credit reference agencies model.
HK’s Lung King Heen is amongst La Liste’s World's Best Restaurants
Hong Kong shares the first place with other establishments in seven countries.
New World to be removed from Hang Seng Index
The number of members on the benchmark will increase to 83 from 82.
HKIE eBook details HK's contribution to UN’s sustainability goals
The eBook showcases 40 engineering projects corresponding to 17 UNSDGs.
EPD, Sinopec Corp ink hydrogen energy deal
The scope covers technical exchanges and experiences shared in the hydrogen energy industry.
HA to enforce enhanced estate management measures
It will begin on 1 December.
Hong Kong’s ZA Bank offers crypto trading services to retail users
Global crypto market capitalization has surged 90% to over US$2.3t.
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