News
Hang Seng Index underperforms against world peers: Analyst
Hang Seng Index underperforms against world peers: Analyst
This was partially attributed to the absence of cyclicals in the index.
Swire Pacific sets net zero carbon emissions target by 2050
The company wants to reduce by 50% its greenhouse gas emissions by 2030.
China Gas profit climbs 14% to $10.48b
This was driven by the gradual recovery of China’s economy.
HK port congestion likely to drive up freight rates
Container spot rates are at a new all-time high at the end of the second quarter.
SUGA net profit surges 186.1% to $79.3m amidst COVID
The group’s electronic products segment recorded a 24.3% increase to $1.69b.
Hongkongers optimistic about BaaS: study
42% said that their organisation have been deploying banking-as-a-service (BaaS) in the last 12 months.
Hong Kong bans travel from UK anew
UK will be identified as an “extremely high-risk” area, starting 1 July.
AEON profit climbs 28.8% to $97m in Q1
This is despite a 14.4% drop in revenue.
Xinyi secures $1b green loan from DBS Bank
The 3-year loan will be invested in green production.
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
Telecom Digital annual profit climbs 68.6%
The telecom company recorded a profit of $135.2m in the year ended March 2021.
Security chief to move up as HK’s no. 2 official
This comes as reports of a cabinet reshuffling arise.
Grade A office market sees positive net absorption in May
This is the first time since July 2019, JLL said.
UK now in Hong Kong’s “very high-risk” list
Stricter requirements for travellers from UK will take effect on 28 June.
Hong Kong exports likely to grow 15% in 2021
The HKTDC reported export confidence rose for the 5th consecutive quarter.
Hong Kong imposes travel ban on Indonesia
Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.
Job vacancies in Hong Kong reach 39,000 in March
This is a 7% drop compared to the previous year.
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