News

Singapore eases restrictions for Hong Kong travellers

Singapore eases restrictions for Hong Kong travellers

Travellers from Hong Kong can wait out their Stay Home Notices at their own residences.

Redsun Services acquires 80% equity interest in property management companies

The acquisition by its wholly-owned subsidiary has a consideration of $87.8m (RMB73.54m).

ESR secures $3.104b senior unsecured corporate term loan

It is the largest USD corporate loan for ESR to date.

Market Update: HSI up by 0.10% amidst gains for financial stocks

The Hang Seng Index (HSI) closed on Tuesday up by 29.58 points or 0.10% to 29,135.73. This was due in part to gains in financial stocks, as well as capital inflows from the Mainland.

Retail sector drove a 22.6% property investment rebound in Q1

Retail-related property transactions worth at least $100m grew by 15.4% year-on-year.

More than 40% of restaurants saw higher revenue in Q1

This represents a jump in growth from the 33% of restaurants that improved results in the the previous quarter.

Market Update: HSI up 0.47% amidst recoveries on industrial, healthcare firms

The Hang Seng Index (HSI) opened the trading week up by 136.44 points or 0.47% at 29,106.15, as industrial and healthcare firms rebounded amidst continued economic recovery.

HSI welcomes new real estate index

It will reflect stock movement of the 30 largest listed property management companies.

Hong Kong exports rose 37% in first two months

Total imports also increased 27.2% in the same period.

Citi to hire 300 new relationship managers for Hong Kong wealth arm

The bank has outlined bold plans to triple its client numbers and double assers under management by 2025.

Hong Kong imposes two-week ban on flights from Covid hot spots

Travellers from India, Pakistan, and the Philippines will be prohibited from entering the City.

Cathay Pacific's passenger traffic plunged 98%

Quarantine restrictions in Hong Kong reduced its capacity during the first quarter.

Scoot, Vistara, Cathay Pacific flights suspended

More flights from Manila, Singapore and Mumbai have been suspended to prevent the spread of COVID-19.

Industrial property rebounds with 809 transactions in Q1

The majority of the transactions in Q1 were worth up to $10m.

ESR snaps up Blackstone's $3.91b Milestone Portfolio

The portfolio contains 45 industrial real estate assets in Australia.