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Far East Consortium sees recovery after 48.5% profit rise
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
Telecom Digital annual profit climbs 68.6%
The telecom company recorded a profit of $135.2m in the year ended March 2021.
Security chief to move up as HK’s no. 2 official
This comes as reports of a cabinet reshuffling arise.
Grade A office market sees positive net absorption in May
This is the first time since July 2019, JLL said.
UK now in Hong Kong’s “very high-risk” list
Stricter requirements for travellers from UK will take effect on 28 June.
Hong Kong exports likely to grow 15% in 2021
The HKTDC reported export confidence rose for the 5th consecutive quarter.
Hong Kong imposes travel ban on Indonesia
Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.
Job vacancies in Hong Kong reach 39,000 in March
This is a 7% drop compared to the previous year.
Wealthy Hong Kongers to reach 831,000 by 2025
The global number of millionaires could go over 84 million in the next five years.
Inflation rate speeds up 1% in May
This is faster than 0.8% in April.
Emperor International suffers $767.4m loss
Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.
AXA, HKBN team up for comprehensive home protection plan
It bundles home insurance with fibre broadband service, network security and a smart home kit.
SFC strengthens policy after Archegos incident
It eyes stricter regulation over prime brokers, amongst others.
Hong Kong may ease entry for vaccinated persons
This does not apply to vaccinated persons from extremely or very high-risk places.
Ping An breaks through with AI-driven drug research
This is expected to speed up drug discovery which at present takes up to 15 years.
HKEX-listed Cafe de Coral plans China expansion
It is looking to penetrate residential areas in Tier 1 cities.
HSBC unveils new online trading platform for private bank clients in Asia
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
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