Hong Kong
HSBC bags two trophies at the HKB Greater Bay Area Enterprise Awards
HSBC bags two trophies at the HKB Greater Bay Area Enterprise Awards
The bank leverages its cross-border capabilities to better serve customers and SMEs in the Greater Bay Area
Hang Seng Bank Limited bags an award in the Payments Banking category at the HKB Greater Bay Area Enterprise Awards
Their single integrated banking helps their customers enjoy a simple and faster USD remittance service in a cost effective way.
Boarding rules tightened for 7 places
The new restrictions will be placed under the Prevention & Control of Disease Regulation.
What are the social distancing measures in effect in the next 2 weeks?
The government tightened the social measures due to rising coronavirus cases.
Cathay Pacific to further cut passenger flights until end-March
This is due to the Hong Kong government’s tightened restrictions due to the pandemic.
Growth expected for retail, industrial leasing in 2022: CBRE
But the potential spread of the highly transmissible Omicron variant poses uncertainty to the market.
HK bans inbound flights from 8 countries
The flight suspension mechanism will start on 8 January.
StanChart’s HK workforce operates in split teams anew
The new arrangement came after the implementation of stricter measures in HK.
Hong Kong to expand vaccine bubble coverage on 24 February
This will include restaurants and recreational facilities, among others.
Property sales dip 6.8% YoY in December
Total agreements recorded for the month were only at 7,076.
HKEX appoints Kerry Rooks as new Chief People Officer
She will begin her duty on 10 January.
DBS Hong Kong, Haier Group sign $3.11b ESG-linked loan
The group will commit to reducing its energy consumption per business unit.
Retail sales jump 7.1% YoY to $30.7b in November 2021
This is due to the positive consumer sentiment and the economic recovery.
Hong Kong 2022 IPO funds to reach up to $400b: PwC
This could place Hong Kong amongst the top 3 IPO markets globally.
Deposits inch up by 0.6% in November 2021
Total loans and advances “remained virtually unchanged.”
‘Spend-to-Redeem Local Tours’ registration postponed: HKTB
Spending receipts issued since 10 December will remain eligible.
Happy holidays, one and all!
Hong Kong Business will be back on 3 January 2022.
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