News

CR Beer cheers as profit soars 106% to US$660.7m

CR Beer cheers as profit soars 106% to US$660.7m

This rose from RMB2.07b, approximately US$318.7m, in the first half of 2020.

FRC kicks off Next Digital Limited probe

The investigation was initiated amidst questions on Next Digital’s financial statements and audits.

What China’s cybersecurity crackdown means for HK’s stock market?

It is expected to drive companies to list in Hong Kong, if it means they can be exempted from the review.

Hong Kong’s ZA Bank launch new credit card repayment feature

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.

AIA Group profit rose 5% to US$3.2b in H1 2021

Its value of new business rose 22% to US$1.8b in the same period.

HK tightens border control anew amidst Delta variant threats

This followed findings on the higher transmissibility of the virus.

SFC vets 120 listing applications in Q2

This comes as the commission imposes stricter review on applications.

Towngas profit climbs 34% to $778m

It saw a sharp increase in demand as the COVID-19 situation was taken under control in China.

Cathay, OpenRice offer one mile for every $4 cash payment

The First 50,000 members of Asia Miles and Marco Polo Club can get up to 200 extra miles.

Hong Kong tightens rules on travellers from 16 territories

This comes after COVID-19 resurged in other countries.

LeoGroup enters merger to form US$4.3b global wealth advisor

The Leo Wealth merger also involved The Capital Company and BFT Financial Group.

New round of ‘Staycation Delights’ kicks off

The HKTB has started collecting receipts worth at least $800, to redeem hotel discounts.  

Cargo throughput slips 2.9% in July: COSCO

This was driven by port congestion at some terminals.

Tianjin sees at least 75% growth in profit for H1 2021

It is due to the rise in revenue from the increase in container throughput and bulk cargo volume.

SFC, ICAC busts five people for suspicious money lending

The arrested individuals included a former and a current senior executive.