News

URA $12b bonds oversubscribed two times

The proceeds will fund its capital on urban renewal projects.

HK Express launches new route to Phu Quoc Island, Vietnam

The new flight route will commence on 6 December. 

Henderson Land profit falls 47% YoY to $3.17b in H1 2024

The company attributed the decline to fair value loss incurred during the period.

TVB narrows net loss by 65% in H1 2024

The company reduced its net loss by $264m.

Greater Bay Airlines to launch scheduled flights to Yonago, Japan

The scheduled flights will operate three times a week.

Hong Kong insurance complaints drop 10.6% in 2023

H1 2024 also recorded an 11.9% reduction in complaints.

Grade A office vacancy rates up 13.7% in July

Rents across the market recorded slight declines.

Gov’t approves 12 building plans in June

The approved plans are for residential, commercial, and industrial developments.

Futu bags $1.2b net income in Q2 2024

Earnings per share stood at 1.08 Hong Kong cents.

Hong Kong warns consumers on toilet roll brands that may clog drains

Four toilet paper brands were found to have a high tendency to clog drainpipes.

SAP's new AI centre to boost productivity by 20% amongst 300 million users

Earlier this year it also announced full integration of AI into its cloud portfolios.