Staff Reporter

BOC HK, BOC Life launch green savings insurance plan

It offers up to a 3% annualised guaranteed rate of return at policy maturity.

Export and import volumes fall in June as prices soar in Hong Kong

Export volume dropped by 12.5% YoY whilst imports decreased by 6.9% YoY.

Population dips 1.6% in H1 2022 amidst persistent low fertility rates

The plunge in birth rate in the last two years was attributed to the COVID-19 pandemic.

Gov't launches new round of Fintech training, subsidy scheme

Subsidy for each approved project increased to $150,000.

Foreign domestic helpers entering HK to undergo a ‘3+4’ quarantine starting August 12

Under the model, workers will be quarantined for three nights in designated hotels.

Cathay Pacific narrows loss to $5b in H1

Progressive adjustments to COVID restrictions in Hong Kong aided the airlines.

Deal-making for commercial real estate down 50% in Q2 22

The market’s transaction volume reached $18b (US$2.3b).

HKEX lists first A-share structured products

The derivative warrants are based on the MSCI China A 50 Connect Index.

Business sentiment of SMEs ‘eases’ in July

The current diffusion index dropped to 43.4 during the month.

CLP Holdings records HK$4.9b loss in H1 2022

It saw a HK$3.9b loss in operating earnings.

App for easier compliance of Mandatory Window Inspection Scheme launched

Through the app, owners can find qualified persons to conduct window inspections.

HK cuts hotel quarantine period down to 3 days

This will be followed by a 4-day medical surveillance. 

Savills Hong Kong, Inspace XR partner for interactive 3D model use in real estate

The technology will be used for 17 Kai Cheung Road and 46 Sassoon Road projects.

Foreign currency reserves down to US$441.7b in July

This is over US$5m lower from the preceding month.