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Posted on 23/06/2023

Hong Kong’s Cathay Pacific Forecasts First-half Profit

Hong Kong flag carrier Cathay Pacific on Friday predicted a return to profitability in the first half of 2023 as it benefits from rising travel demand following the relaxation of strict Covid ...

Posted on 23/06/2023

Hong Kong stocks slump in worst sell-off since mid-March as central banks tighten policy, China outlook worsens

March, undoing the rally in the three preceding weeks. Concerns about global inflation and China’s economic slowdown are sapping risk appetite.

Posted on 23/06/2023

Hong Kong’s Cathay Pacific expects to deliver profit for first half of 2023, helped by ‘strong rebound’, one-off gain from reducing Air China stake

Our cash flow has continued to improve,' chief customer and commercial officer says Group will log one-off gain, estimated to be HK$1.9 billion, after reducing its stake in Air China from 18.13 per cent to 16.26 per cent Hong Kong's Cathay Pacific Airways ...

Posted on 23/06/2023

Hong Kong Bourse Due For Support On Friday

Ahead of Thursday's holiday for the Dragon Boat Festival, the Hong Kong stock market had finished lower in three straight sessions, ...

Posted on 23/06/2023

Focus on Hong Kong’s working conditions, not number of workers, to fix labour shortage

The government is going all out to deal with the shortage of workers in various sectors, but opposition from unions suggests the need for caution Rather that focusing on the number of available ...

Posted on 23/06/2023

Hong Kong’s busiest galloper just what the doctor ordered for Pierre Ng and his owners

Medic Elite, Hong Kong’s busiest galloper this season and Ryan Moore’s lowest-rated winner in the city, is set to make his 19th start this term in Sunday’s Spessartine Garnet Handicap (1,600m) at Sha ...

Posted on 22/06/2023

Hong Kong economy driven by local spending as exports remain weak, finance chief says, calling on residents to spend consumption vouchers in July

Financial Secretary Paul Chan attributes poor performance of exports to continuing challenges city faces on external front Chan calls on residents to 'spend more', noting latest instalment of ...

Posted on 22/06/2023

HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions

The collaboration attracts customers through versatile payment choices through a unified device. AsiaPay, a digital payment solutions provider in the Asia Pacific, has partnered with PayMe by HSBC in ...

Posted on 22/06/2023

Five HK banks, HKECIC team up to underwrite risk on domestic sales in China

The collaboration targets to boost insurance protection for Hong Kong exporters. The Hong Kong Export Credit Insurance Corporation (HKECIC) announced its collaboration with five banks to pilot scheme ...

Posted on 22/06/2023

Elevate Your Business with an Award-Winning Marketing Firm in Hong Kong

Introduction In the bustling business landscape of Hong Kong, staying ahead of the competition requires a strategic and effective approach to marketing. A key component of this strategy is Search ...

Posted on 22/06/2023

Hong Kong lawmakers pass bill ordering Jockey Club to pay HK$12bn in football betting tax to boost gov’t revenue

The Legislative Council has passed a bill ordering the Hong Kong Jockey Club to pay an extra HK$12 billion in tax on its football betting earnings over the next five years to swell government coffers, ...

Posted on 22/06/2023

How a Hong Kong wartime diary sparked an unlikely friendship that spanned decades and continents

The founder of a popular historical Hong Kong website explains how one woman’s WWII diaries led to the friendship of a lifetime.

Posted on 22/06/2023

Hong Kong developers offer huge discounts, cut prices to 2018 levels for new project launches to boost sales

Henderson has priced Henley Park in Kai Tak at an average of HK$21,088 (US$2,694) per square foot after discounts, which an agent says is 15 per cent below market price Developers and agencies are ...

Posted on 22/06/2023

Start-Up Express Finalists Make Their Pitches

(hktdc), has returned for its sixth edition. hong kong is rapidly growing following covid-19 and the hktdc will continue to incubate and support local start-ups and help them develop their businesses.

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