News

Cathay Pacific traffic rises 25% in July

Cathay Pacific traffic rises 25% in July

Its operations were, however, affected by the travel ban in COVID-19 high-risk territories.

Hong Kong airport sees 15.5% more passengers in July

There were 111,000 passengers during the month.

Hong Kong exports rise 26.1% in June

Its total imports also went up 25.6% in the same month.

Hong Kong’s population slips 1.2% in mid-2021

There are now 7.39 million individuals in the city.

Swire Properties profit soars over 90% to $1.98b in H1

This is up from $1.02b in the same period last year.

Galaxy Entertainment sees $900m profit in H1 2021

This increased from the $2.9b loss seen in the same period last year.

Currenxie secures US$10m Series A funding

The Hong Kong-based firm was founded by Goldman Sachs alumni.

HKEX sees record 26% profit growth to $6.61m in H1

This is thanks to the buoyant IPO market and strong trading volumes amongst others.

China Youzan widens loss to US$31m in Q2

This dropped further from RMB97.8m (US$15.11m) in Q2 2020.

Techtronic Industries profit climbs over 57% to US$524m in H1

The group also recorded “exceptional” sales growth of 52%.

Hysan profit rebounds to $517m in H1 after 2020 loss

The Group recorded a $2.62b loss in the same period last year.

Businesses sustain optimism in July: C&SD

This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.

StanChart HK, Sintali-SGS partner to boost EDGE green building standard

The EDGE certification provides a path for buildings to achieve carbon neutrality.

SFC introduces new regimes in investor identification, transaction reporting

The new regimes are expected to be launched in H2 2022 and H1 2023.