Hong Kong
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
Around 85% of SMEs cite similar, easier credit approval in Q2 2022
This is up from 75% in the first quarter.
HSBC to meet Hong Kong retail investors after spurning break up call
This comes a day after HSBC promised higher dividends.
GDP dips 1.4% YoY in Q2: advance estimates
The decline was due to the weak performance in external trade.
HSBC profit after tax rose to $9.2b in H1
The board has approved an interim dividend of $0.09 per ordinary share for the period.
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result.
Cushman & Wakefield appoints new Hong Kong head of business development
She will be lead the research and marketing functions in Hong Kong.
Approved mortgage loans drop 5.9% MoM in June
The drop was likely due to the decrease in applications during the same month.
Hong Kong ‘s ZA Bank offers up to 5% Bloom Coins reward for card spend
They can use the coins to redeem NFTs, e-vouchers, amongst others.
Hong Kong Business welcomes nominations for the Made in Hong Kong Awards and Designed in Hong Kong Awards 2022
Deadline for entries will be on 28 October 2022.
JLL Hong Kong, Kai Shing Mgmt tenants can now pay via WeChat Pay HK app
Users simply need to input their e-Bill number to pay their management fees.
HK’s funds industry needs to assess climate-related risks ahead of new deadlines:PwC
New SFC guidelines will enter into force on 20 August.
Dah Sing Bank temporarily closes Central, Ocean Walk Branches
Both branches will reopen on Saturday.
Positive experience boosts Hong Kong’s retirement mastery index score
The city’s score went up from 4.8 to 61.1 in the Sun Life Retirement Mastery Index.
Enhanced digital relationships amongst key drivers for better performance, says SHINEWING (HK) CPA Limited partner
Andy Wong mentioned that businesses that can navigate through the pandemic have great capabilities in technology adoption.
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