Staff Reporter

COSCO to acquire 35% stake in German terminal

Tollerort port terminal is located in the Port of Hamburg, Germany.

August inflation up by 1.6%

The inflation rate is at 1.2%.

Cathay Pacific reaffirms 10% SAF use by 2030

It highlights the importance of SAF as it works towards net-zero by 2050.

Cathay Pacific air traffic rockets by 278.4%

This is 95.3% lower than pre-pandemic levels in August 2019.

HK GDP increases by 7.6% in Q2 2021

This is an 8% increase from the first quarter of 2021.

Sunrise secures HKB award for Air Lab project

Since its launch, the pioneer Air Labs marked a milestone in the mass testing campaign in Hong Kong.

Credit card circulation decrease by 1.5% in Q2

Payment card usage increased by 18.8% QoQ in Q2 2021.

SVF transactions up by 0.8% in Q2

Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.

HK total retail sales to reach $360b in 2021: PwC

Retailers are embracing new consumer behaviour in the age of "bricks and clicks."

Residential transaction shows downward trend: Cushman & Wakefield

Home prices are expected to rise by a maximum of 3% in Q4.

Global Sources triumphant in two awards competition in Hong Kong and China

It is also the only company to win two different awards—one recognises a firm’s achievement at the project level and another, at the corporate level.

Bond Connect's southbound trading launch date set

Bond Connect will expand mutual access between Hong Kong and China markets.

PBoC, HKMA approve southbound trading under Bond Connect

The move aims to promote the development of the bond markets in Mainland China and Hong Kong.

Credit card new accounts volume up 26% in Q2

Credit cards recorded a year-on-year increase in outstanding balances, the first since Q4 2019.