News
Wai Chi-sing reappointed as URA head
Wai Chi-sing reappointed as URA head
Wai will extend his term for three years starting 15 June.
Up for sale: Concord Square in Tsuen Wan
The property sale will be via public tender until 29 July at 12 noon.
Situation of SMEs remains stable as diffusion index rises to 48.6
Despite the increase, the index was still in a contractionary zone.
Development of 30 plots in Fanling and Yuen Long resumes
The lots have a total area of 1.12 hectares.
Chow Tai Fook Jewellery shines as profit grows 11% in 2022
Profit rose to HK$6.71b during the year ended March 2022.
Hong Kong’s total exports to China down by 6.8% YoY in Q1
This translates to a total of $125.5b worth of exports.
Business receipts of major service industries drop double digits in Q1
Food services had the biggest decline at 23.1% YoY.
HSBC pulls plug on Hong Kong-based trading startup Serai
The startup said it has been ‘difficult to build a commercially viable business’.
Lam OKs reappointment of Laura Cha as HKEX head
Cha was elected during a board meeting on 27 April.
MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings
The three-year syndicated loan was 2.25 times oversubscribed.
Dah Sing Bank reopens Ocean Walk Branch
The branch was closed earlier this week.
Hong Kong retains its crown as most expensive location in the world
Higher prices and stronger currency have allowed the city to continue its reign.
Cathay Pacific’s $7.8b bridge loan extended for 12 months
It is effective until 8 June 2023.
China’s finance ministry to issue RMB23b of sovereign bonds in HK
The bonds will be issued in four batches.
Premature to say if HK is facing a sixth wave: Lam
The city has been seeing an increase in positive cases since the beginning of June.
CLP Power, ESR partner to develop sustainable date centres, logistics project
This is in support of Hong Kong’s neutrality goals.
Hong Kong’s Dah Sing Bank temporarily closes Ocean Walk Branch
Staff members will be tested for COVID.
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