Staff Reporter
Telecom PCCW narrows loss to $315m in H1
Telecom PCCW narrows loss to $315m in H1
This improved from a $584m loss in the same period in 2020.
Vitasoy sees up to 107% profit drop over reduced demand
It estimated its performance to range between $50m loss and $60m profit.
Hong Kong opposes new US memo hitting security law
The government said the US’ move is “baseless and purely politically oriented.”
Hong Kong property investments soar 95% in H1
Investment volume in APAC commercial properties reach US$83.5b in the same period.
‘More aggressive’ Hong Kong investors expect a return of 11.4%
This is a new high, according to Schroders Global Investor Study.
Gov’t extends $377m funding for hard-hit tourism sector
The new round of funding will benefit travel agents and their staff.
CK Asset profit rises $8.35b in H1
This is up from $6.36b in the same period last year.
HKT profit steadies at $1.9b in H1
The telecom firm's total revenue grew 7% to $15.64b over the same period.
Deloitte, HGC Group to provide cyber protection to HK companies
The partnership will offer prediction and prevention, detection, protection, and response to HK companies against cyber risks.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
How SG firms can tap GBA opportunities via Hong Kong
Chief Executive Carrie Lam said the city is an “ideal gateway” for businesses.
CK Infrastructure profit climbs 5% to $3.01b in H1
This was mainly due to the increase in corporate tax in the UK.
6 in 10 HK firms willing to pay higher rent for green buildings
Those leasing green buildings pay a rental premium of 1% to 7%.
Business receipts up nearly 10% ending eight quarters of decline
This is thanks to the contained epidemic situation, as well as Hong Kong’s economic recovery.
Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan
After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.
SJM Holdings’ loss attributable to owners rose to HK$1.47b in H1
It reported a HK$1.4b loss in the same period last year.
HK Electric interim profit rises to $880m
The company recorded $811m over the same period in 2020.
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