Staff Reporter
China Resources and Transportation Group posts $2.05b net profit in FY2024
China Resources and Transportation Group posts $2.05b net profit in FY2024
This was primarily driven by a $2.43b gain on debt restructuring.
Hong Kong attracts 66 strategic enterprises
About 60% of these enterprises have set up new operations in the region.
Health Bureau considers merging Hong Kong Island Hospital Services
Under one cluster, hospitals treating acute and complex illnesses would be retained.
Everbright Water to buy electricity from Everbright Greentech Services
Everbright Greentech must supply electricity 181 million kilo-watts per year.
Home prices may rise up to 5% amid strong first-hand sales demand
Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
Hong Kong direct investment stocks rise in 2023
Inward and outward DI rose by 6.2% and 3.8%, respectively.
Royal Caribbean to double HK homeport sailings in 2025
It is expected to bring 20,000 international visitors to Hong Kong.
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits.
Diffusion index down to 41.9 in November
Business receipts DI fell for business services, restaurants, and retail trade.
Gov't unveils roadmap for sustainability disclosure in Hong Kong
It mandates compliance with the ISSB standards for public entities by 2028.
Gov’t to subsidise procurement of 3,600 EVs
It will also provide at least 500 fast chargers throughout HK by the end of 2027.
Hong Kong construction output up 4.8% YoY in Q3
Public sector construction increased 29.8% to $30.4b nominally.
Philippines' Kho family sets up office in Hong Kong
This initiative aims to attract increased international capital inflows.
HKTDC revolutionises customer experience with Chatbot
The AI-powered service delivers intelligent support around the clock.
Inchcape Hong Kong Limited nabs wins at HKB Technology Excellence Awards 2024
Its “AI Quick Quote” Vehicle Body Repair Quotation Services addresses complex processes resulting in extended quotation turnaround times.
Hang Seng Index poised for recovery in 2025
It is seen to rebound to 23,200 points.
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