News
11 million travelers expected for Easter and Ching Ming Festival
11 million travelers expected for Easter and Ching Ming Festival
Peak traffic days are predicted to be 29 March and 1 April.
Hong Kong pins hopes on policy shift to hit 2.5% GDP target
Private residential property prices declined by 5.4% in 4Q23.
Tencent growth trajectory slowed down by low online gaming sales
The group's revenue is expected to grow by 10% in 2024.
1 in 3 businesses prioritise emerging technologies: survey
Hong Kong ranked second globally as most optimistic about budget growth at 49%.
Gov’t assures better business environment under new national security ordinance
The public consultation on the law received 98.6% positive responses.
Hong Kong maintains fourth place in global finance index
The Government attributes the current ranking to the “one country, two systems” principle.
Best Mart 360 earns $694.3m gross profit for 9 months ended 2023
The company had changed its financial year end from 31 March to 31 December.
CR Construction’s revenue declined 15% in FY2023
The company’s net profit also decreased 1.0% in FY2023.
AEC Group and CRREM partner to fast-track net-zero transition in Asia Pacific real estate
The two forged a partnership to champion the Net Zero Real Estate Pioneers initiative in Asia Pacific.
New public rental housing income and asset limits set after economic review
Current economic outlook and past practices in income limit reviews were amongst the factors considered in the adjustments.
Kaisa Prosperity gross profit climbs 2.2% YoY in FY23
Total GFA under management amounted to 102.3 million sq.m.
Hang Seng Indexes makes changes to industry classification system
Four new sub sectors have been established, for a total of 105 subsectors.
Standard Chartered HK’s priority banking clients doubled in 2023
Overseas spending from priority clients have increased 2.5 times last year, SCHK said.
Henderson Land Development’s profit rises to $9.26b in 2023
The proposed final dividend will be distributed to shareholders on 21 June 2024.
Wing Tai posts $812.4m net loss in FY2023
Dividend per share for the period was $0.08.
Hong Kong’s Buildings Department approves 20 building plans in January
The department has also issued 20 occupation permits across different locations.
Henderson Investment suffers $72m loss in 2023
It was mainly attributed to lower sales at APITA at Taikoo Shing.
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