News

Cathay Pacific reaffirms 10% SAF use by 2030

It highlights the importance of SAF as it works towards net-zero by 2050.

Cathay Pacific air traffic rockets by 278.4%

This is 95.3% lower than pre-pandemic levels in August 2019.

HK GDP increases by 7.6% in Q2 2021

This is an 8% increase from the first quarter of 2021.

Credit card circulation decrease by 1.5% in Q2

Payment card usage increased by 18.8% QoQ in Q2 2021.

SVF transactions up by 0.8% in Q2

Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.

Residential transaction shows downward trend: Cushman & Wakefield

Home prices are expected to rise by a maximum of 3% in Q4.

Architects to remodel Hong Kong into a greener, more future-ready city

Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.

Bond Connect's southbound trading launch date set

Bond Connect will expand mutual access between Hong Kong and China markets.

PBoC, HKMA approve southbound trading under Bond Connect

The move aims to promote the development of the bond markets in Mainland China and Hong Kong.

Credit card new accounts volume up 26% in Q2

Credit cards recorded a year-on-year increase in outstanding balances, the first since Q4 2019.

HK world's freest economy: Fraser Institute

Hong Kong has gained the top rank since the report's inception in 1996, especially in the assessment areas of international free trade and regulation.

Gross national income up 10.1% in Q2

Meanwhile, Hong Kong's GDP increased by 7.3% in the same quarter.

HK ascension to RCEP welcomed by ASEAN economic ministers

HK has already established free trade agreements with 13 of the 15 RCEP participating economies.

HK manufacturing's production index edges up 5.6% YoY in Q2

Meanwhile, its corresponding producer price index also increased by 2.7%.