News

Gov't stops Next Digital probe after liquidation process advances

The Financial Secretary said continuing the investigation was no longer needed after a review.

Former Standard Chartered bankers sentenced for $28.4m fraud

The two pleaded guilty to a combined four counts of conspiracy to defraud.

Hong Kong tops APAC real estate investments in Q2

Its growth rate dwarfed the APAC average of 38% YoY.

Manulife’s Asia business sees profit soar 28% in Q2 2026

Annualised premium equivalent volume advanced 21% to $1.50b.

Hongkong and Shanghai Hotels swings to $23m H1 profit from $289m loss

The Hotels division drove the recovery, with revenue up 10% to $3.1b.

Restaurant receipts edge up 0.4% to $27.2b in Q2

Total purchases also rose 2.5% to $8.8b during the period.

Cathay H1 profit jumps 71% to $6.2b despite fuel cost surge

Revenue rose 25.3% to $68.06b during the period.

Hong Kong power imports test grid and tariff stability

Long construction timelines and rising data-centre demand could complicate plans to raise zero-carbon electricity to 70% by 2035.

Hong Kong-Macao private-car quota rises by 400 to 1,400

The three-year permit will take effect from 30 September.

HSBC profit jumps 23% to $15.3b

The lender plans a $1b share buy-back before releasing its third-quarter results.

Retail sales extend gains with 4.6% rise in June

Online sales rose 11.6% to $3b, accounting for 9.4% of total retail spending.

Legal framework for refusing future life‑support takes effect

Patients must meet statutory requirements before signing one.

Property sales slump 6.9% in July

Building unit sale and purchase agreements dropped to $51.7b.

Hong Kong life sales soar despite investor caution: Jefferies

Local sentiment remained positive as visitor traffic and insurance opportunities strengthened.

AECOM opens Asia headquarters in Cheung Sha Wan

The office occupies about 126,000 gross square feet across four floors.

HSBC amongst first to trade new China Bond Futures on HKEX

It is cash-settled, priced against a basket of onshore China Government Bonds.