News

Xiaomi beats market expectations as profit gains 12.8%

Xiaomi beats market expectations as profit gains 12.8%

The company’s smartphone and IoT products revenue grew by 24% and 8%, respectively.

Razer posts record high revenue of US$1.2b in 2020

This was driven by higher demands and market share gains for hardware business.

Cushman & Wakefield emerges as top investment broker in Mainland China

This is the third consecutive year that Cushman & Wakefield topped the category.

CBRE appointed as sole agent for industrial property portfolio sale

Industrial assets are highly sought by investors amidst the sector's strong performance.

Henderson Land underlying profit climbs 1.8% to $14.8b

It has nine developmental projects in urban areas planned for sale this year.

Bilibili offers shares at $808

It projects a $20.2b proceeds from the global offering. 

Offices need to be designed with 'head space' in mind

A change in people’s daily habits is causing a shift in what’s important to have in an office space.

Realord Group gains $892m profit in 2020 after suffering 2019 loss

It has recorded a net gain in its property segments upon revaluation of the Qiankeng property.

GEO Securities Limited fined $6.3m for selling unlisted bonds

The company also failed to disclose its commission for the bond sales.

Export Index rises for the fourth consecutive quarter

Exporter sentiments also improve over economic recovery forecasts.

Hong Kong's BoP surplus widened to $233.5b in Q4 2020

Its gross external debt, however, rose by $506.6b.

Electronics market demand drives up Kingboard Holdings profit

The company’s 2020 profit is 37% higher year-on-year.

Former Long Success officials disqualified over profit guarantee breach

This will be in effect for three years, starting 11 March 2021.

Gold-backed currency ACUG trading launched

A million digital tokens worth an ounce of gold will be issued in the first launch.

HKMC, five banks sign MOU on infrastructure loans framework

The MOU will set out the principal terms for potential infrastructure loan cooperation.

New SME loan scheme takes effect on 29 March

The enhanced scheme will raise maximum loans and repayment period.

Inflation up 0.3% in February

The government has noted consumer prices are volatile around the Lunar New Year celebration.