News

CSPC Pharmaceutical gains 38.9% profit

CSPC Pharmaceutical gains 38.9% profit

The company’s 2020 performance beats market expectations, the OCBC said.

Cathay Pacific introduces new payment option

Customers can book available seats on any flight with instant confirmation.

OSL DS goes live in first virtual asset trades in Hong Kong

The OSL platform allows users to trade digital assets, such as Bitcoin and Ethereum.

URA unveils redevelopment site Yue Man Square: YM²

It features Hong Kong’s first fully indoor air-conditioned Smart Public Transport Interchange.

Sino-Rich fined $7.2m for anti-money laundering breach

The SFC found $930m worth of questionable cash deposits and transfers made within two years.

Shimao Services records 100% revenue growth since listing

Its profit surged 88.4% to $864m (RMB724m) in 2020.

Gov't expands vaccination priority group to cover 30 and up

It will also cover students aged 16 and above studying outside of the country.

Tourist arrivals plunged 97% in February

Hong Kong logged 5,500 in February as the pandemic's impact persists.

Manufacturing industrial output slipped 6% in Q4 2020

The decrease were mainly attributed in the food, beverages, and tobacco industry.

Construction sector dips by 4.2%

Construction work at private sector sites recorded the highest drop in 2020.

Payoneer, Mastercard partner to offer digital solutions to SMBs

The service streamlines how SMBs use their earnings.

Swire Pacific records $3.9b loss as pandemic hits Cathay Pacific

The airline is expected to incur recurring loss in the first half of 2021.

21.6% of HK exports to China for outward processing in 2020

Exports for outward processing decreased by 10% in 2020.

China Unicom posts RMB12.5b profit in 2020

The company also achieved successful 5G network 'co-build co-share'.

Government's telehealth push 'underwhelming': law firm

Mayer Brown wants a more assertive government approach.

Magic Holdings penalised for late disclosure of inside information

The company and five of its directors were fined a total of $4m.