Swire Properties says retail sales at some shopping centres are back at pre-pandemic levels, while Hysan Development reports rising tenant revenue However, the office market is lagging as high vacancy ...
‘No price war’: Hong Kong developers brush aside fears of a property crash
Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.
Hong Kong MTR Corp’s recurrent business rebounds with rail giant posting HK$2.4 billion in profits, despite net falling 11.7 per cent to HK$4.2 billion
CEO Jacob Kam says corporation is cautiously optimistic about its business outlook He says domestic and cross-boundary rail services have reached 90 per cent of the pre-pandemic levels Hong Kong's MTR ...
Congress should summon HSBC executives over support for Hong Kong repression
The House Select Committee on the Chinese Communist Party should ask HSBC executives to testify over their support for China's repression in Hong Kong.
Earnings for Hong Kong’s Cathay Pacific soar to HK$4.3 billion in first half of 2023, with share buy-back from government on horizon
Hong Kong’s Cathay Pacific Airways has reported a net profit of HK$4.26 billion (US$546 million) for the first half of 2023, its first in three years as the carrier shrugs off the impact of the ...
EDBI-Backed Wealth Management Startup Raises $35 Million To Expand In Hong Kong
Singapore-based wealth management startup Endowus – backed by the city-state’s global investor EDBI – announced Wednesday it raised $35 million in a funding round joined by new investors Citi Ventures ...
The world’s biggest law firm is splitting off its business in China
Dentons, the world’s biggest law firm by number of employees, is distancing itself from its business in China in response to intensifying regulation in the country.
Cathay Pacific posts $550 mln first-half profit, to repay Hong Kong government
Hong Kong's Cathay Pacific Airways reported on Wednesday a profit of HK$4.3 billion ($550.23 million) for the first half of 2023, its best interim results in more than a decade and a turnaround from ...
Cathay Pacific Posts $550 Million First-Half Profit, to Repay Hong Kong Government
HONG KONG (Reuters) - Hong Kong's Cathay Pacific Airways reported on Wednesday a profit of HK$4.3 billion ($550.23 million) for the first half of 2023, its best interim results in more than a decade ...
Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule to prevent employers from exploiting loophole
Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...
Hong Kong to offer perks for taxi drivers and shuttle buses to pick up tourists from Kai Tak Cruise Terminal
Royal Caribbean’s Spectrum of the Seas returned to Hong Kong on August 4 for first time since 18-month break forced by coronavirus crisis.
Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule exploited by employers
Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...
Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor
The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.
Hong Kong stocks fall to 2-week low as slumping Chinese exports point to further slowdown in growth
Hong Kong stocks dropped for a second day, driving the benchmark gauge to a two-week low, as China’s exports slumped by the most in three years, adding to the evidence of a worsening slowdown in ...