News
ESR’s PATMI rises 9% YoY to US$655m in FY22
ESR’s PATMI rises 9% YoY to US$655m in FY22
PATMI would have surged 24% YoY if not for the weakness of APAC currencies vs USD.
Amended listing rules to compel Chinese tech firms to list on HKEX: report
This amidst the global political conflict between the US and China.
Advanced gynaecological cancer treatment centre opened in Gleneagles Hospital
The centre has surgical technologies and robotic systems.
Business sentiment of HK exporters improve in Q123
The Hong Kong Export Index has risen by 9.3 points to 39.0.
Gov’t introduces changes to MTR fare mechanism
These changes include the lowering of the fare adjustment rate by 0.8 percentage points.
Office market posts positive net absorption in February
This is the first time after three consecutive months of negative absorption.
Hong Kong’s Fusion Bank launches business banking services for SMEs
Until 31 December, new customers may be exempt from account opening fees.
HKIA taps SITA for its net zero carbon goal
The IT provider will aid the airport in tracking and monitoring its carbon emissions.
Nos. 13-15 San On Street up for sale
The property comprises two buildings with a total gross floor area of 88,154 sq ft.
China central bank to supports HK's bid to becoming an international finance hub
The bank provided conducive factors through its policies.
UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA
The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.
How sluggish trade activity is affecting industrial leasing
Aggregate trade dropped 33.4% YoY in January.
New co-living rental complex to attract young professionals
The 6,500 square-metre key hotel is located in the heart of Tsim Sha Tsui.
CK Hutchison posts 10% profit growth in 2022
Its profit attributable to ordinary shareholders stood at HK$36.6b.
Home sales rise in February
There were 4,282 units sold during the month.
Retail leasing sentiment picks up in February
A notable transaction during the month was the ground floor of 14 Canton Road.
Grade-A office vacancy rate rises to 12.3% in February
The increase was partly due to the completion of S22 in Wong Chuk Hang.