Utilities
Only 48% of Hong Kong consumers eye spending more on luxury next year
Only 48% of Hong Kong consumers eye spending more on luxury next year
Over 10% of consumers are cutting back on categories like handbags (9%) and travel experiences (4%).
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
China Everbright Water secures Jiangyin Lingang Plant
Total contract value amounts to $514m.
China Everbright Water’s H1 net profit down 8% to $581.15m
Direct and operating costs jumped 25%.
Libpet defines smart mobility with robotic wheelchairs and home control systems
Mobility tech for the physically challenged also offers convenience to the young and able-bodied.
Environmental Department adopts AI robot dog for air quality checks
The AI robot dog can identify pollution by sensing gas and tracking its source.
Govt raises parking fees
11 public car parks will be affected.
Hong Kong enforces waterworks amendment to curb overcharging
Failure to comply without a valid reason incurs a $10,000 fine.
Hong Kong authorities probe CLP Power for voltage dip incident
CLP Power Hong Kong was requested to submit a report regarding the incident.
Everbright Water advances further with Qingdao Zhangcun river project
The project has a concession period of 30 years.
3,000 retailers to sell designated bags for the MSW charging scheme
These retail points include supermarkets and pharmacies.
CLP Power addresses recent power outage in New Territories
Voltage dips and power interruptions have been reported.
Municipal solid waste disposal fees to start next year
The government will charge $365 per tonne for solid waste disposal.
Measure proposed to strengthen prosecution vs overcharging water bills
It proposes to mandate parties who charge water costs to keep receipt copies.
Government urged to aid Hong Kong convention and exhibition industry
45% of industry players are in danger of closing down.
SIIC Environment signs water treatment projects in Yangtze River Delta
The projects total 160,000 tonnes.
CNOOC bounces back after oil price plunged in Q1 2020
Stocks appreciated 34% in February 2021.
Commentary
Don’t let ESG gaps affect your asset’s value