News
Tender prices in HK construction market to grow 4.0% in 2023
The city's post-pandemic appetite for megaprojects might raise the prices for materials and labour.
HK economy grows 2.7% in Q1
Q1 ended the four consecutive quarters of GDP decline.
Gov't opens northbound travel to Guangdong for private vehicles
Approved applicants can now travel between the city and Guangdong starting 1 June.
Bank of China HK's net profit up 12.3% in Q1
Net income reached HK$15.23b.
What's in? SHOPLINE unveils 4 trends in HK's e-commerce market
The platform said online shopping is steadily growing as its merchants reached over 3.35 million customers in 2022.
Hong Kong banks reminded they may engage with virtual asset entities: central bank
There have been more comments from foreign firms on the difficulties of opening a bank account.
Mox Bank hit HK$170m operating income in 2022
The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
Hong Kong’s livi bank records HK$17m operating income
Its loan balance has surpassed HK$1.3b as of end 2022.
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.
Private flat supply to hit 107,000 in 3-4 years
The latest projection is 2,000 more than the previous estimate.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
Hong Kong Airlines clinches investment fund for restructuring
The restructuring will help the airline expedite its business recovery.
HKEX income went up 28% YoY in Q1
The profit attributable to shareholders grew to $3.4m in the first quarter of 2023.
Singaporean WealthTech firm Endowus sets foot in HK
This will be Hong Kong's first fee-only digital wealth management platform.
Exports value dips by 1.5% YoY to $367.2b in March
The pace of decline, however, has moderated.
Unemployment rate drops to 3.1%
There were 115,100 unemployed from January to March.
Read Here
Advertise
Sign Up
Commentary
Why Hong Kong's carried interest reform matters, and why it isn't a zero-sum play
Medical centre expansion in Hong Kong: How to choose the right location
The Claude ban is a crash course in digital resilience — and that’s good for Hong Kong bankers