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Month: August 2023

Posted on 16/08/2023

Hong Kong-flagged boxship the first to break out of Odesa

The Joseph Schulte, a 10-year-old, 9,400 teu boxship, will be today’s most watched ship via multiple vessel tracking sites as it becomes the first ship to trial Ukraine’s recently announced ...

Posted on 16/08/2023

Hang Lung Teams Up With Green Startup And Ngo To Shape Circularity In Hong Kong

The first phase of its holistic resource utilization scheme has diverted nearly 140,000 kg of municipal waste from landfill, avoiding more than 510 ...

Posted on 16/08/2023

Shh! Hong Kong’s mahjong players and musicians could get fined for being too loud under noise proposal

The Environmental Protection Department has proposed to increase the fines for noise coming from shops, hawkers and premises, including sounds from musical instruments, animals, games and businesses.

Posted on 16/08/2023

Hong Kong exchange posts 31% rise in H1 profit despite IPO malaise

Hong Kong's stock exchange operator reported a "strong" first-half net profit of HK$6.31 billion ($807 million) on Wednesday, up 31 percent on the same period last year despite IPO activity being ...

Posted on 16/08/2023

Hong Kong stocks descend to 10-week low after JPMorgan, Barclays pare back China growth forecasts amid poor economic data

Hong Kong stocks tumbled to a 10-week low after JPMorgan and Barclays cut their China growth forecasts amid deepening economic woes and lack of effective stimulus. Tencent, JD.com and HKEX declined ...

Posted on 16/08/2023

Asia markets poised to fall as bank stocks retreat under pressure on Wall Street

Asia-Pacific markets are set to fall on Wednesday mirroring moves on Wall Street after a decline in U.S. banks. Shares of JPMorgan Chase and Wells Fargo dropped 2%, and Bank of America dropped 3%. The ...

Posted on 16/08/2023

Hong Kong residents are leaving at the highest rate since Covid

HONG Kong saw its biggest net outflow of residents since the beginning of the Covid pandemic, the latest sign that the city is far from regaining its mantle as a business hub and tourist destination.

Posted on 16/08/2023

DDB Group Hong Kong film says have fun with Hang Seng Bank credit card rewards upgrade

Hang Seng has recently strengthened its card proposition by introducing a major revamp to its credit card rewards programme. The newly launched +FUN Dollars programme seamlessly integrates Hang Seng ...

Posted on 16/08/2023

Oversold Hang Seng Called Lower Again On Wednesday

The Hong Kong stock market has finished lower in three straight sessions, retreating more than 650 points or 3.4 percent in that ...

Posted on 16/08/2023

Hong Kong will need more than talent schemes to ensure steady population growth, experts say

HKU demographics expert says significant improvement in living conditions needed on top of talent drive Authorities urged to make childcare facilities more affordable and accessible, and tackle long ...

Posted on 16/08/2023

Hong Kong holds activities to support National Ecology Day

The HKSAR government held various special activities in support of the National Ecology Day, including free admission to eco-facilities, free guided eco-tours, night safari, workshops, seminars and ...

Posted on 16/08/2023

Hong Kong’s MTR back on track with ambitious plan

Hong Kong's sole railway operator returns to profit in recurrent business and is now in position to restore high standards behind its enviable global reputation Further evidence that Hong Kong's ...

Posted on 16/08/2023

Childless Hong Kong couples double in 5 years as average births drop below 1 per family for first time

The number of childless couples in Hong Kong has reached an “alarming” level, the Family Planning Association has warned, with a survey finding that the proportion of respondents without offspring has ...

Posted on 16/08/2023

Hang Seng Bank’s profits up 79% in H1; HK$1.1 per share interim dividend declared

Operating profit rose 67% compared to a year earlier. Hang Seng Bank saw its profit attributable to shareholders rise 79% to HK$9.82b in H1, the bank revealed in its 2023 interim results.

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