News

The Hang Seng Index (HSI) closed the week up by 323.41 points or 1.12% at 29,078.75 amidst gains in tech and healthcare shares due to fears over COVID-19 resurgence.

This is faster than the 0.3% recorded in the same month last year.

Six persons were arrested in the operation named “Shadow Hunter II”.

The work-from-home setup is unlikely to be going away just yet.

The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in developed markets.

This represents an improvement from the record high of 7.2% between December 2020-February 2021.

More than 50% of Generation Z workers in Hong Kong say they are struggling.

The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.

The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.

Only Central saw its vacancy rate drop during last month.

The sale shall be by way of transfer of shares of the company.

42% of the respondents shared the sentiment that e-commerce was helping them through the current crisis.

The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiments.

It surpassed its US$700m booking guidance for the quarter.

Mortgage applications in the area have risen 40% over the past year.

The company posted a net loss of $289.9m in 2019 but bounced back during the pandemic.