News
Wing Tai braces for up to $236.7m loss in H1
Wing Tai braces for up to $236.7m loss in H1
Impairment provisions and change in property values totalled over HK$1b.
Gov’t cracks down on suspected resale of hospital medicines
The case involves Lactulose, a medicine classified as a “non-poison”.
HKMA, Cyberport launch GenA.I. Sandbox for financial sector
This aims to boost AI adoption.
China Everbright Water’s H1 net profit down 8% to $581.15m
Direct and operating costs jumped 25%.
Nearly half of Hong Kong workers report mental strain, desire to leave
41% are planning to work from home to avoid workplace interactions.
Equinix invests $124m in sixth data centre in Hong Kong
It will offer 3,550 cabinets.
74% of HK employers open to hiring SEN youths
Over 76.5% of respondents have not previously hired SEN youths.
HKMA to hold tender for 2-year exchange fund notes
A total of $1.2b in two-year notes will be offered.
Govt launches new funding scheme to subsidise industrial site development
The scheme offers companies up to $45m in funding for three projects.
Gov’t to use North Lantau HKICC site for AsiaWorld-Expo expansion
Medical equipment, furniture, and consumables will be transferred to public hospitals.
Gov't boosts crackdown on frozen meat sales with operation "Pearl"
Sellers of frozen meat without permission will face fines of up to $50,000 and six months' imprisonment.
Health Bureau adds 16 drugs to Chronic Disease Pilot Scheme
The addition includes anti-hypertensive drugs.
Diffusion index climbs to 41.8 in July, indicating SME growth
The index, however, remained in contractionary territory.
Wheelock acquires Hop Lung Industrial Building for HK$728m
The developer plans to redevelop the building into a "high-quality industrial project."
HKMCI introduces flexible rental options for homeowners
This aims to help homeowners with their needs.
What expanding Hong Kong companies seek from advisory firms
Eight in 10 companies in the city plan to expand overseas in the next three years.
AirAsia launches new HK-Bali, Jakarta routes
The first flights will operate on 1 and 8 October.
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