Noreen Jazul
Residential sales volume to increase by 48% QoQ in Q2
Residential sales volume to increase by 48% QoQ in Q2
The market is being driven by buyers looking for upgrading options.
Property on pause? Experts say recovery for companies in the sector will be delayed
Moody's Investors Service sees a 4% decline in full-year earnings of 11 companies.
Wai Chi-sing reappointed as URA head
Wai will extend his term for three years starting 15 June.
Situation of SMEs remains stable as diffusion index rises to 48.6
Despite the increase, the index was still in a contractionary zone.
Development of 30 plots in Fanling and Yuen Long resumes
The lots have a total area of 1.12 hectares.
Business receipts of major service industries drop double digits in Q1
Food services had the biggest decline at 23.1% YoY.
After 25 years, has Hong Kong’s capital markets lost its sparkle?
Funds raised by IPOs in H122 are predicted to reach HK$17.1 b, a 92% decrease from 2021.
Hong Kong retains its crown as most expensive location in the world
Higher prices and stronger currency have allowed the city to continue its reign.
China’s finance ministry to issue RMB23b of sovereign bonds in HK
The bonds will be issued in four batches.
Premature to say if HK is facing a sixth wave: Lam
The city has been seeing an increase in positive cases since the beginning of June.
Overworked? Study finds that 72% of Hong Kong employees are unhappy
Employees in Hong Kong work an average of 41 hours each week.
Port cargo throughput sinks by 13.8% YoY in Q1
The decrease in both inward and outward port cargo drove the overall decline.
Gov't to roll out $769m relief for the public transport sector
The relief measures include fuel subsidy and reimbursement for losses.
HK retains operation restrictions on restaurants, bars
Chief Executive Lam said there will be no relaxation before the end of June.
University of Hong Kong, Sinopharm launch trial of Omicron-targeting vaccine
A total of 1,800 adult volunteers will be needed for the trial.
Swiss WorldCargo hops into Cathay Pacific and Lufthansa Cargo's business pact
The three will work together on handling shipments between HK and Europe.
Unemployment rate rises to 5.4% from February to April
The total number of unemployed people stands at 206,100.
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