News

Dah Sing Banking Group’s profits down 1% to HK$1.09b in H1

Dah Sing Banking Group’s profits down 1% to HK$1.09b in H1

Property woes in Hong Kong and Mainland China doubled the bank’s credit impairment losses.

HK allows individuals with ‘amber code’ to participate in B2B conventions

Inbound persons from overseas or Taiwan are categorised with an amber code.

$50,000 fine awaits dining premises found violating health code rules

The warning was issued following the expiry of the 14-day adaptation period of the codes.

Consumer prices rise 1.9% MoM in July

The year-on-year rate of increase in consumer prices was also 1.9%.

Analyst stays optimistic on HKEX recovery in H2 22

Speedy listing pace of China ADRs will help in the recovery.

Sun Life Hong Kong launches Stellar (18-pay) with death benefit settlement option

Clients can choose between paying by instalments or paying in full.

Retail leasing momentum rises in July: JLL

This is as retailers grow more confident in the business environment.

Residential sales in July dampened by rate hikes

The average mortgage rate reached 2.5% by the end of the month.

Net effective rent of HK offices drop 0.1% MoM in July

Decline in rents was also observed across major office submarkets.

Industrial property leasing market remains subdued in July

Hong Kong suffered a spillover effect from lockdowns in Shanghai.

Website showcasing over 360 research and development outcomes launched

The website aims to promote reindustrialisation in HK, amongst others.

DBS Hong Kong names Betty Lam as managing director, head of HR

Lam had previous served in senior HR positions for HSBC, AIA, and PepsiCo.

DBS Hong Kong unveils fully-digital card loans

Customers can apply for a credit card via the DBS Card+ app.

HKEX posted net loss of $274m in Q2 22

The stock exchange experienced lower depository fees from e-IPOs.