Hong Kong

Vax pass update to promote inoculation

More premises will be covered in the vaccine pass later this month.

HKMA records 0.4% increase in total deposits in December 2021

Local currency deposits, meanwhile, decreased by 0.8%.

RML in negative equity see increase to 21 cases in December 2021

The increase was attributed to bank staff housing loans.

Hong Kong retail sales up 8.1% to $353b in 2021

The retail sales value, however, was 27.3% below the 2018 level.

VP of CITIC Telecom appointed as CEO of CITIC Telecom CPC

Brook Wong’s appointment is set to take effect on 1 February.

AAHK extends relief package by 2 months

The body continued its support to the aviation industry amidst the pandemic.

New mortgage applications drop 15.7% MoM in December

Applications went down to 10,810 from 12,828 in November.

HK economy grows 6.4% in 2021

The growth reversed the declines of the previous two years.

88 Robinson Road completes sale by public auction

JLL served as the auctioneer for the property.

85% of family offices eye increased ESG investment in 2022: survey

Two-thirds of them are planning to increase allocations by more than 10%.

Hong Kong Business lauds exceptional enterprises at the High Flyers Awards 2021

A total of 10 winners were awarded in this year’s instalment of the annual awards programme.

HK Insurance Authority requires staff to be vaccinated

The regulator said it plans to implement this in mid-February.

HK clinches 6th spot in data centre global rankings

In the Asia-Pacific, Hong Kong ranked second.

Cathay expects consolidated loss of at least $5.6b for 2021

Passenger travel remained extremely subdued due to travel restrictions.