News
Public Financial returns to profit with $2.6m net gain in H1
Public Financial returns to profit with $2.6m net gain in H1
The recovery was led by higher net interest income which rose to $530.5m, a 13% increase from $470.7m in 2024.
Leoch International Technology issues profit warning
Profit attributable to shareholders will likely decrease 60% to 80% year-on-year.
Hong Kong office performance declines sharply in Q2
Rental dropped by 7% year on year and is expected to continue.
Company registrations hit record 1.49 million
A total 1.49 million local and 15,509 non-local company registrations were recorded in Hong Kong.
Works on Oyster Bay Station project suspended
The BD and EMSD assured the upheavals did not affect the supporting structure and operational safety of the railway tracks.
Gov’t fines Asiasec Properties’ ex-secretary $1m for insider dealing
It stemmed from insider information regarding the sale of Dan Form's controlling stake.
HSBC names Airport Authority HK chairman as new board member
Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.
Unemployment rate stays at 3.5% in April-June
Underemployment rate is also unchanged at 1.4% within the period.
Joint study reveals most firms miss Scope 3 emission baseline and mature transition plans
More than half do not report Scope 3 emissions.
Housing Bureau, NAMI ink MoU on construction technologies
The collaboration includes developments on intellectual property management, patent protection, and technology licensing and commercialisation.
Gov’t to resume Kowloon City land urban renewal
A total of 1,009 property interests will be resumed.
Hongkongers redefine health as living independently with purpose
When asked about their top aspirations for later life, 47% prioritised physical and mental well-being.
Exports and imports rise in May 2025
Vietnam led import volume growth, whilst Taiwan led export volume growth.
Taxis to install journey recording systems
And, allow electronic fare payment.
Hang Seng Bank launches fraud protection across 21 branches
Strengthening client safety through former banking sector specialists.
Synagistics and China Post Hong Kong jointly established digital commerce system
Strengthen logistics and business support in Southeast Asia.
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Commentary
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