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Month: August 2024

Posted on 01/08/2024

Hongkong Land posts H1 underlying loss of US$7 million on non-cash provisions to China properties

PROPERTY developer Hongkong Land on Thursday (Aug 1) posted an underlying loss of US$7 million for the six months ended Jun 30, compared with an underlying net profit of US$422 million in the ...

Posted on 01/08/2024

Going for an IPO: which agents are publicly listed?

The PIE looks at the fortunes of student recruitment companies who have successfully floated on the stock market or are planning to do so.

Posted on 01/08/2024

Hong Kong senior officials vow to solidify city’s status as global financial hub amid opening-up efforts

With its strengths in banking, capital markets and asset management, Hong Kong provides an all-encompassing and high-quality financial platform for investors, financiers, asset managers, funds and ...

Posted on 01/08/2024

Hong Kong’s Largest Online Broker Launched Bitcoin Trading

Hong Kong's largest online brokerage Futu has launched retail Bitcoin trading on its platform. The move comes as the city aims to establish itself as a Bitcoin and crypto hub.

Posted on 01/08/2024

Hang Seng Bank’s profits up 1% to HK$11.3b in H1

Total capital returns to shareholders– including a HK$3b share buy-back– has risen 80%, to HK$7.6b, according to Hang Seng Bank. Hang Seng Bank’s CEO and executive director Diana Cesar expressed ...

Posted on 01/08/2024

Hong Kong June retail sales fall 9.7% y/y in ‘challenged’ sector

Hong Kong's June retail sales fell 9.7% from a year earlier, government data showed on Thursday, reflecting the changing consumption patterns of visitors and residents and the strong Hong Kong dollar.

Posted on 01/08/2024

Hong Kong retail sales fall 9.7% in June, marking fourth straight decline despite expanded travel scheme

Hong Kong’s retail sales in June declined 9.7 per cent from a year ago, the fourth consecutive monthly contraction amid a trend of residents heading across the border to spend and despite the expansion of a solo traveller scheme to boost inbound tourism.

Posted on 01/08/2024

Treasury sanctions Houthi weapons procurement networks in Hong Kong, Yemen

The U.S. Treasury Department on Wednesday sanctioned four companies and two individuals it said are part of Houthi weapons procurement networks in Hong Kong and Yemen.

Posted on 01/08/2024

Henry Steiner — the graphic designer behind ‘brand Hong Kong’

The creator of classic branding on living in the city — and how it inspired visuals for some of its top companies ...

Posted on 01/08/2024

{Block Trade}BOC HONG KONG: 2.77m shares, or HK$62.49m

Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such ...

Posted on 01/08/2024

BOC HONG KONG Keeps HKD Interest Rates Unchanged

BOC HONG KONG (02388.HK) announced that its Hong Kong Dollar prime rate and call deposit rate remain unchanged at 5.875% p.a. and 0.875% p.a. respectively. Related News HSI Closes ...

Posted on 01/08/2024

Hong Kong widens net to snare fraudsters as losses from online scams surge

Hong Kong will extend anti-fraud measures to internet banking and physical branch transactions amid a rise in online scams in the city.

Posted on 01/08/2024

John Lee hails Hong Kong-Vietnam ‘synergy’ after 30 deals signed covering business, aviation

Hong Kong’s leader has hailed the city’s “great synergy” with Vietnam as he announced the signing of 30 agreements covering business and aviation with its seventh largest trading partner, bringing the tally of deals in his three-nation trip to 55.

Posted on 01/08/2024

Hong Kong government slams Forbes magazine commentary that attacks city’s ‘risky’ economy

City authorities reject 'misleading' article which cites report by 'anti-China' Committee for Freedom in Hong Kong Foundation The Hong Kong government has hit back at a commentary published in a major ...

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