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Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan
Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan
After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.
SJM Holdings’ loss attributable to owners rose to HK$1.47b in H1
It reported a HK$1.4b loss in the same period last year.
HK Electric interim profit rises to $880m
The company recorded $811m over the same period in 2020.
HK lists Macau as 'at-risk' places for COVID
Residents who stayed in Macau in the last 14 days will be ineligible to return to Hong Kong.
Property sales up 6.1% in July
Total consideration for the sales amounted to $94b.
HKTB begins Free Tours Lucky Draw for vaccinated residents
Some 10,000 eligible residents may win a free tour.
CLP Holdings earnings fell 23.2% YoY in H1
Its earnings reached HK$4,615m from HK$6,010m.
Hong Kong to further tighten border control measures
This will take effect on 9 August.
Li Auto estimates $14.7b net proceeds in global offering
The bulk of the proceeds will be used to fund R&D initiatives.
Hang Seng Bank profit drops 4% to $8.76b in H1
The bank linked this to macroeconomic conditions that put pressure on its net interest margin.
Applications for overseas studies open
Scholars and fellows could receive up to $300,000 per year.
No 'undue stress' despite concern over China’s oversight of private sector
China’s oversight of the private sector in the past weeks has raised concerns and panic.
Total loans rise 4% in June: HKMA
This was partially due to IPOs during the month.
Mortgage applications dip 3.6% in June
But loans approved increased 3%.
4 in 5 will likely top up their $5,000 vouchers
The majority of whom will likely use their credit cards to top up.
International Housewares net profit rose 68.9% YoY
It also reached a “historical high” revenue of HK$2.7b.
More SMEs find credit approval eased in Q2: Survey
Some 72% of SMEs perceived banks’ credit approval stance as easier.
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