Noreen Jazul

Swire Properties will buy back shares worth $6b from the open market

It will commence its buyback programme on 6 December.

Cathay buys back 50% of preference shares it issued to the gov’t

It plans to buy back the remaining shares by the end of July 2024.

ESR applies to list logistics REIT on the Shanghai Stock Exchange

The REIT will handle three projects in Kunshan, Jiangsu Province.

Gov’t logs $172.9b deficit 

The figure covers the first seven months of the current financial year.

Hong Kong needs to act to keep its global maritime hub status afloat

As of 2023, Hong Kong maintains a 2.4% share of the world fleet in terms of vessel numbers.

Sustainable fuels not a silver bullet for shipping decarbonisation – experts

The shipping industry can only achieve a 2.8% emission reduction, even if it uses 54% of the world’s renewable energy.

6 in 10 transport and logistics players report environmental requirement gaps with clients

The environmental requirement gap between players and clients is 12%.

Mainland’s clampdown on IPOs likely to boost listings in Hong Kong

Amongst Chinese companies to be slated in the Hong Kong Stock Exchange is Alibaba’s logistics arm.

Navigating challenges and seizing opportunities in Hong Kong’s self-storage sector

Hong Kong’s self-storage business evolved in four distinct stages. It first emerged in the mid-1990s when the concept was introduced from the US. The second stage saw rapid expansion, driven by rising demand due to the decreasing size of Hong Kong homes.

Unemployment rate rises to 2.9%

There were 115,800 unemployed people from August to October.

HKEX cuts paper use, document requirements in revamped listing regime

Despite eliminating signatures, the streamlined listing process imposes new legal advice requirements for accountability and integrity in submissions.

HK halts import of poultry meat and products from certain US areas 

In 9M23, HK imported 21,740 tonnes of chilled and frozen poultry meat from the US.

HK’s deal volume drops 22.5% YoY in January-October 2023 period

The decline in deals was also observed across multiple APAC markets.