News

Swire Pacific acquires fresh stake in Mainland China hospital

Swire Pacific acquires fresh stake in Mainland China hospital

The investment is a part of Swire Pacific's strategy to diversify its portfolio in the mainland.

Sansheng Holdings' profit rose 19-fold in 2020 as property sales surged

The company has attributed this to the 257% increase recorded in property revenue.

Total employment slipped 4.7% in December

Approximately 2.68 million people were employed in December.

Moody's affirms Mong Duong Finance's Ba3 rating

The firm has also revised Mong Duong Finance’s outlook to 'positive'.

Hong Kong tops bicycle sales in online selling platform Carousell

A total of 63,345 bicycle-related transactions were made in Hong Kong, Malaysia, and Singapore.

January exports up 44.6%

Price of total exports decreased 0.4%.

Sun Hung Kai profit rose 22% in 2020

It also marked the company’s transformation to an alternative investment platform from a securities house.

China Lilang posts $664m profit in 2020

Its 2020 performance, however, is down by more than 30% YOY.

Advertising budget cut expected amidst varying recovery in industries

Around 44% expect the decrease amidst likelihood of budget cuts in numerous sectors.

Hong Kong customs seized $20m worth of smuggled goods

Some Chinese delicacies found amongst the smuggled goods.

Azure Risk launches Hong Kong operations

The startup has appointed Anmol Sawlani to lead its team.

Hong Kong steps up as 4th leading financial centre in the world

The city’s rating, however, slips two points, the index shows.

Gov't reveals roadmap for electric vehicle adoption

It aims to achieve zero vehicular emissions before 2050.

Decline in Grade-A office rents persisted in February

It was the 21st consecutive month that the overall office rent saw a decrease, JLL said.

Wealth management may boost Hong Kong's family office hub push: survey

An almost unanimous number of respondents agree the wealth management connect will benefit their businesses.