News
Hang Seng launches Innovative Drug Select 50 Index
Hang Seng launches Innovative Drug Select 50 Index
Jiangsu Hengrui Medicine tops the list with a 10.7% weighting.
Hang Seng launches Stock Connect Biotech 50 Index
Jiangsu Hengrui Medicine tops the list with a 10.19% weighting.
Hong Kong adults more financially literate but show weak money behaviour
Younger adults are more likely to overspend and end up in debt.
Exports down 22.9% in January
Double-digit declines were recorded in the USA, Japan, the Mainland and Taiwan.
ITC earmarks $2m per R&D project to curb COVID-19
It will fund R&D trials related to detection, diagnosis or surveillance of the virus.
Link REIT bags $948.04m sustainable loan from DBS
Proceeds will be used for general corporate funding purposes.
Cathay Pacific slashes passenger capacity by 96%
Skeleton flights to operate in April and May due to demand-drop and travel restrictions.
Hong Kong, Singapore, Osaka hailed world's costliest cities for expats
Asian cities continue to have the most expensive groceries.
HKSTP floats new round of financial subsidies
It is capped at $75,000 for each company, benefitting 400 incubatees.
Hong Kong lags Singapore as freest economy in the world
Free economies are said to enjoy incomes more than double the global average.
Hong Kong to adopt bankruptcy system
The system would give companies a window to restructure their debt.
Jobless rate expanded to 3.7% in February
It was dragged down by the construction, retail, accommodation and food services sectors.
Cathay Pacific's passenger count crashed 54.1% in February
Average Lunar Year numbers of 90,000 dropped to only 20,000 this year.
Cathay Pacific resumes US and London flights
It reinstated three flights between Hong Kong and London Heathrow in 17-21 March.
SMC Electric delays proposed listing, share offer
Application monies will be refunded 16 March 2020.
HKMA cuts base rate to 0.86%
It had already slashed the rate to 1.5% earlier this month.
Hang Seng Bank to reopen nine branches
Three in Hong Kong Island, three in Kowloon, and three in New Territories.
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