News
Yardley Securities Limited fined $5m for suspicious fund transfers
Yardley Securities Limited fined $5m for suspicious fund transfers
The company was found guilty of breaching anti-money laundering regulations.
Cathay Pacific adopts digital passes for international travel
It will validate travellers’ compliance to health-related entry requirements.
L'Oreal survey reveals increasing consumer awareness on environmental issues
Around 70% claimed they are serious about such issues and are willing to act.
Hong Kong's national income falls to $2.8t in 2020
The city’s wealth dropped 5% in 2020, the Census and Statistics Department reported.
CSPC Pharmaceutical gains 38.9% profit
The company’s 2020 performance beats market expectations, the OCBC said.
Cathay Pacific introduces new payment option
Customers can book available seats on any flight with instant confirmation.
OSL DS goes live in first virtual asset trades in Hong Kong
The OSL platform allows users to trade digital assets, such as Bitcoin and Ethereum.
URA unveils redevelopment site Yue Man Square: YM²
It features Hong Kong’s first fully indoor air-conditioned Smart Public Transport Interchange.
Sino-Rich fined $7.2m for anti-money laundering breach
The SFC found $930m worth of questionable cash deposits and transfers made within two years.
SFC orders 15 brokers to freeze 32 accounts linked to 'ramp and dump' scam
The total frozen assets amounted to $860m.
Shimao Services records 100% revenue growth since listing
Its profit surged 88.4% to $864m (RMB724m) in 2020.
Gov't expands vaccination priority group to cover 30 and up
It will also cover students aged 16 and above studying outside of the country.
Tourist arrivals plunged 97% in February
Hong Kong logged 5,500 in February as the pandemic's impact persists.
Manufacturing industrial output slipped 6% in Q4 2020
The decrease were mainly attributed in the food, beverages, and tobacco industry.
Construction sector dips by 4.2%
Construction work at private sector sites recorded the highest drop in 2020.
Payoneer, Mastercard partner to offer digital solutions to SMBs
The service streamlines how SMBs use their earnings.
Swire Pacific records $3.9b loss as pandemic hits Cathay Pacific
The airline is expected to incur recurring loss in the first half of 2021.
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