Economy
Redsun Services acquires 80% equity interest in property management companies
Redsun Services acquires 80% equity interest in property management companies
The acquisition by its wholly-owned subsidiary has a consideration of $87.8m (RMB73.54m).
Hong Kong exports rose 37% in first two months
Total imports also increased 27.2% in the same period.
Hong Kong's "very high net worth" population falls by 5.4%
The city is still amongst the top 10 territories with the wealthiest populations.
SMEs in Hong Kong stayed “cautious” in March
Diffusions index in March dropped slightly to 44%.
What opportunities Hong Kong can take in the Greater Bay Area
Aviation and basic research are amongst the areas of growth for the city.
Hong Kong economy may rebound 4.1% this year: OCBC
In its monthly report on Hong Kong, OCBC said the economy was showing signs of recovery.
Sotheby's to auction first-ever watch accompanied by NFT
The exclusive bidding will help to benefit children with critical illnesses through Make-A-Wish® UK.
Mainland China's economic growth seen to boost Hong Kong trade
The tension between China and the United States, however, may pose threats.
Export Index rises for the fourth consecutive quarter
Exporter sentiments also improve over economic recovery forecasts.
Hong Kong's BoP surplus widened to $233.5b in Q4 2020
Its gross external debt, however, rose by $506.6b.
New SME loan scheme takes effect on 29 March
The enhanced scheme will raise maximum loans and repayment period.
Small business confidence crashes to record low: survey
Only 21% of respondents expect their business to grow this year.
Inflation up 0.3% in February
The government has noted consumer prices are volatile around the Lunar New Year celebration.
Total employment slipped 4.7% in December
Approximately 2.68 million people were employed in December.
January exports up 44.6%
Price of total exports decreased 0.4%.
Hong Kong poised to recover
But it will take time, the HSBC Global Research says.
Hong Kong's national income falls to $2.8t in 2020
The city’s wealth dropped 5% in 2020, the Census and Statistics Department reported.
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