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CK Asset profit drops 26.2% on $503m revaluation loss
CK Asset profit drops 26.2% on $503m revaluation loss
Despite the sharp drop in headline profit, the Group's core earnings showed resilience.
Hong Kong total credit card receivables down 2.5% to $19.03b in Q2
This is slower than the 5.8% decline recorded in Q1 2025, official data showed.
Economy up 3.1% in Q2 2025
Unemployment rate also rose to 3.5%.
Cathay Group, DHL Express sign new sustainable aviation fuel deal
The partnership is expected to cut GHG emissions by about 7,190 tonnes.
Towngas Smart Energy lifts profit 2% in first half
The renewable energy segment saw a 5% rise in net profit to $172m.
Hong Kong promotes investment and trade with Australia
Secretary for Commerce & Economic Development meets key Australian business officials in Sydney.
Gov’t OKs licence for self-driving cars in Southern District
Trials started on 14 August.
CK Hutchison's profit fell 92%
Port revenue rose, but was dragged down by failed merger activity.
AXA Hong Kong and Macau unveil typhoon parametric cover for MOTOGO members
It also unveiled a travel insurance coverage of up to $38,220.21.
HK sees subdued real estate market in H1 despite strong APAC demand
CBRE raised its 2025 growth forecast to 10%–15%.
Sino Land wins bid for non-industrial land in Tuen Mun
It beat seven competitors for the lease of a 4,368-sqm. site area for 50 years.
Home prices down 7.8% in Q1: report
High borrowing cost weighed the market but could improve after interest rate cut.
Dah Sing Bank launch Payment Connect service in online platforms
The bank now offers instant cross-border remittance between the two markets.
Singapore and Hong Kong ink MoU on health product regulation
The agreement covers pharmaceuticals, medical devices, and traditional medicine.
Japan asset management company sells Matsushita IMP building
This is one of the largest transactions in the Osaka office building market.
China Evergrande Group to be delisted from Hong Kong exchange
Its share price last traded at HK$0.163 per share 18 months ago.
Chow Tai Fook, Far East Consortium finalise deal with Australian firm
The joint venture acquired Star Entertainment’s Brisbane assets.
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