Hong Kong

HKEX sees record 26% profit growth to $6.61m in H1

HKEX sees record 26% profit growth to $6.61m in H1

This is thanks to the buoyant IPO market and strong trading volumes amongst others.

China Youzan widens loss to US$31m in Q2

This dropped further from RMB97.8m (US$15.11m) in Q2 2020.

Techtronic Industries profit climbs over 57% to US$524m in H1

The group also recorded “exceptional” sales growth of 52%.

Hysan profit rebounds to $517m in H1 after 2020 loss

The Group recorded a $2.62b loss in the same period last year.

Businesses sustain optimism in July: C&SD

This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.

StanChart HK, Sintali-SGS partner to boost EDGE green building standard

The EDGE certification provides a path for buildings to achieve carbon neutrality.

SFC introduces new regimes in investor identification, transaction reporting

The new regimes are expected to be launched in H2 2022 and H1 2023.

E-voucher registration closes on 14 August

The scheme grants $5,000 worth of vouchers for use in retail, F&B establishments, and transport amongst others.

Hong Kong’s recovery likely to remain moderate, gradual in H2

The strict COVID-19 measures are expected to dampen the city’s economic growth.

Hysan, IWG partner to operate flexible workplaces in GBA

The joint venture will operate all 32 existing locations under IWG across the Greater Bay Area.

What you need to know when going to Hong Kong

The government recently imposed stricter measures for overseas arrivals.

New China law counters international law sanctions

The measure, backed by Hong Kong, stands against “unilateral coercive” sanctions by the international community.

Valentino Beauty opens 1st boutique in Hong Kong

It is located in Harbour City, Tsim Sha Tsui.

Telecom PCCW narrows loss to $315m in H1

This improved from a $584m loss in the same period in 2020.

Vitasoy sees up to 107% profit drop over reduced demand

It estimated its performance to range between $50m loss and $60m profit.

Hong Kong opposes new US memo hitting security law

The government said the US’ move is “baseless and purely politically oriented.”