Hong Kong companies

Towngas profit up over 57% to $4.2b in H1

This was driven by the economic recovery in Mainland China.

Towngas profit up over 57% to $4.2b in H1

This was driven by the economic recovery in Mainland China.

Sun Hung Kai & Co. profit surges by 287% to $2.7b

This is thanks to significant gains in investment management amongst others.

Towngas profit climbs 34% to $778m

It saw a sharp increase in demand as the COVID-19 situation was taken under control in China.

Techtronic Industries profit climbs over 57% to US$524m in H1

The group also recorded “exceptional” sales growth of 52%.

SFC introduces new regimes in investor identification, transaction reporting

The new regimes are expected to be launched in H2 2022 and H1 2023.

Vitasoy sees up to 107% profit drop over reduced demand

It estimated its performance to range between $50m loss and $60m profit.

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.

ASM Pacific profit soars 261% to $1.2b in H1

The Group’s revenue also rose 41.5% to $1.2b over the same period.

New Century REIT suffers US$2.5m in H1

The company recorded a US$1.07m loss in the same period last year.

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.

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.

More Hong Kong businesses optimistic for Q3: Survey

Around 17% expect the situation to improve against 11% that expect otherwise.

HK-based US businesses to suffer in recent Biden admin advisory

Hong Kong asserted the National Security Law reinforced its position as a financial and business hub.

Johnson Electric’s sales climb 70% to US$877m in Q1

This is higher than US$517m in the same period last year.

Hong Kong sees over 56,000 new local firms in H1

The number of new local companies in the city is 11% higher than the last six months.