Staff Reporter
China Properties profit rebounds to $36.17m in 2021
China Properties profit rebounds to $36.17m in 2021
This followed a net loss of $92.5m in 2020.
New Century REIT suffers US$2.5m in H1
The company recorded a US$1.07m loss in the same period last year.
One in 4 Hong Kongers expect retirement: survey
And only 16% of whom are ready.
Exports grow 'strongly' by over 30% to $406.6b in June
The recent surge, however, may dampen recovery in some markets.
Hang Seng Indexes to capture growth in China’s consumption sector
The company launched two new indexes as it sees new growth in the sector.
HK’s wealth management business growth may attract China’s onshore investors
Onshore investors from China currently accounts for 10% of the asset and wealth management business in 2020.
Jobless rate likely to further drop next month
The unemployment rate has been declining for four consecutive months since March.
Hong Kong needs to 'drastically' increase land supply: FS
The housing issue exposes two major problems in the city – income and asset disparity.
Grade A Office vacancy rose to 9.5% in June: JLL
This compared to 9.4% in May as tenants relocated due to improvement in business sentiment.
Cathay Pacific completes end-to-end digital health pass trials
The trials involved two flights from Hong Kong to Singapore and vice versa.
HK hits back at US 'unfounded' national security law claims
The US has been critical of the law which, it deemed, had undermined Hong Kong’s autonomy.
Inflation rate picks up 0.7% in June
But at a slower pace compared to 1% in May.
Asset and wealth management business grows 21% to US$4.5t
The growth was attributed to the strong net fund inflows in 2020.
Hong Kong’s economy likely to grow 9.8% in Q2: MS
This is thanks to a low base year and growing external demand.
Citi rolls out real time liquidity sharing solution in APAC
Treasury teams can mobilize liquidity and fund intraday payments in real-time.
Over 750,000 ransomware attacks HK firms monthly
Ransomwares like Revil and TrickBot were the usual suspect.
Swire Properties, Jing’an partner to revitalise Shanghai district
The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.
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