News
HKB Greater Bay Area Enterprise Awards 2022 is now accepting nominations
HKB Greater Bay Area Enterprise Awards 2022 is now accepting nominations
Submission of entries is until 4 November 2022.
Cathay Pacific to avoid designated airspace zones in Taiwan: report
This comes at the back of China’s recent live-fire military drills.
CK Hutchison profit climbs 4% in H1 2022
Its profit stood at $19.08b.
ShopBack to expand footprint to Hong Kong on 8 August
Over 250 merchants in Hong Kong have onboarded ShopBack.
Finance ministry to issue 10-year RMB sovereign bonds
The bonds total RMB1b.
Consumption vouchers to be disbursed to 6.36 million people
They will receive the first instalment on 7 August.
Hong Kong receives fewer insurance-related complaints in H1
Complaints about conduct have the most significant number.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
Total restaurant receipts down 5.5% in Q2 22
A government spokesman said business improved visibly.
Property sales drop 49.8% YoY in July
There were only 4,997 units sold during the month.
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
Around 85% of SMEs cite similar, easier credit approval in Q2 2022
This is up from 75% in the first quarter.
HSBC to meet Hong Kong retail investors after spurning break up call
This comes a day after HSBC promised higher dividends.
HSBC profit after tax rose to $9.2b in H1
The board has approved an interim dividend of $0.09 per ordinary share for the period.
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result.
Cushman & Wakefield appoints new Hong Kong head of business development
She will be lead the research and marketing functions in Hong Kong.
Approved mortgage loans drop 5.9% MoM in June
The drop was likely due to the decrease in applications during the same month.
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