Hong Kong
New emission caps for two Hong Kong power plants imposed
New emission caps for two Hong Kong power plants imposed
The new threshold applies to Hong Kong Electric and CLP Power Hong Kong.
Service industries pick up in Q1 but recovery remains “uneven”
Courier, warehousing and storage saw double-digit growth.
One in four HK shoppers could do away with bricks-and-mortar: survey
Changes in consumer behaviour as an impact of the pandemic may be here to stay.
FTX founder Sam Bankman-Fried named in first Bloomberg New Economy Catalyst
The list includes policymakers, visionaries and entrepreneurs from all over the world.
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
IMF affirms Hong Kong’s “resilient” financial system
But it flagged points of exposure to macro-financial risks.
Angelalign estimates $2.51b net proceeds in global offering
Its offer price ranges from $147-173 per share.
Treat yourself: Hong Kong’s wealthy buy more luxury items after COVID
Around 48% are inclined to buy more high-end goods after the pandemic.
Here’s five focus areas of HKMA’s Fintech 2025 strategy
The HKMA eyes fully digital banks, next-generation data infrastructure and more.
The Exchange, FRC strengthen financial reports oversight
This is to ensure the quality of financial reports of listed companies is upheld.
Residential property deals surge to 9-year high as economy rebounds
Transactions rose 20% to 21,709 in the second quarter.
HK-Georgia tax treaty to enter into force
The agreement will take affect on 1 July, after ratification procedures are completed.
Gov’t extends Cathay Pacific’s access to $7.8b loan facility
The drawdown period will be extended 12 months to 8 June 2022.
Business optimism dented as SMEs “stayed cautious” in May
The diffusion index declined to 44.3 in May from 47.1 in April.
Wealth Management Connect now in the “home stretch”: SFC
The scheme will allow cross-boundary investment in wealth products of banks in the Greater Bay Area.
More incentives await Hong Kongers as firms join vaccine campaign
Fully vaccinated residents get a chance to win up to $10,000 vouchers or small appliances.
Plaza Premium, DragonPass partner to bring premium travel services
Together, the companies will be offering access to over 1,700 airport lounges.
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