News
Lee & Man Chemicals net profit slips 28.3%
Lee & Man Chemicals net profit slips 28.3%
Disruptions in China’s manufacturing industry affected profits.
Hong Kong's ultra wealthy population breaches 5,000
The ultra wealthy population is expected to grow by another thousand by 2025.
38% of Hong Kong firms saw salary freeze in 2020
More than one in four firms offered no increases last year.
Social benefits seen among homeowners: study
Home ownership ratio in Hong Kong fell to 51.2% in late 2020, much lower than the 60% mark.
Australian firms may bank on Hong Kong's growth in GBA: government
The Greater Bay Area’s economy is seen to reach over US$4.7t by 2030.
Wing Tai, Champion REIT enter JV to buy London office
The acquisition of the office building at 66 Shoe Lane costs $2.76b or £255.
Cathay Pacific delivers Fosun Pharma/BioNTech vaccines to Hong Kong
This marks the first batch of 1m COVID-19 vaccines, developed by Fosun Pharma and BioNTech, delivered by the airline.
Alibaba Health, Longfor Group, Haidilao Int'l to join Hang Seng Index
This comes after the company concluded the review of the Hang Seng Family Indexes for 4Q 2020.
Hongkongers struggle to upskill amidst pandemic: survey
Meanwhile, 12% of local workers fear losing their jobs.
Land supply shortage to persist up to three years: JLL
The 2021 New Land Sale Programme shows difficulties in generating new supply.
ASM Pacific Technology Limited profits surged last quarter
The company's revenue growth was driven by digital transformation amidst the pandemic.
Hong Kong records $25.2b trade deficit in January
The country’s value of total export and increased both increased YoY.
Coherent brings clear-cut strategies to boost the insurance industry
How the insurtech startup helps insurers part ways with legacy technology.
JobsDB to hold virtual career fair in March
The fair will run from 1–5 March 2021.
EPD rolls out Reverse Vending Machine pilot scheme
Citizens will receive a $0.1 rebate for each beverage container returned.
Link takes up 50% interest in Shanghai Qibao Vanke Plaza for $3.3b
The acquisition is the first retail property investment of the Hong Kong-based REIT firm.
Hong Kong's 2021 budget to bolster aviation, tourism: Cathay Pacific
Air Travel Bubbles will allow Hong Kong to open its borders for international travels.
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