News

Guangdong-Hong Kong TCFS open for applications

One of the categories features 37 specific themes in different technology areas.

Nongfu seeks $8.35b in 2020's second biggest F&B IPO

It attracted five cornerstone investors who will purchase a combined $2.48b of the offering.

Hong Kong buyers rush for UK properties after security law

A weaker pound GBP since 2014 encouraged Hong Kong buyers to invest in the UK.

Inflation down 2.3% in July

The government’s payment of public housing rentals dragged it down.

China vows to support Hong Kong as a financial hub

The CBIRC assures that Hong Kong’s standing will not weaken.

Jobless rate dipped to 6.1% in May-July

It eased in the information and communication, professional and business services sector.

Credit card receivables up 0.2% in Q2

The combined delinquent and rescheduled ratio rose slightly to 0.47%.

Government unveils enhanced measures for Distance Business Programme

The funding period for subscription-based IT solutions will be extended from six to 12 months.

Export volume down 6.2% in H1

Total exports continued to decline for the fourth-straight month in June.

Cathay Pacific records $9.87b loss for H1

The airlines’ passenger business does not expect to make a recovery for some time.

95% of new office lettings in June occurred outside Central area

International brands, such as IWG and MUJI, are increasingly flocking to new areas.

InvestHK floats fast-track fintech programme

Up to 90 firms could get funding and partnership opportunities with large corporates and investors.

Hong Kong crisis deals $59.68b blow to property tycoons

CK Asset, Wharf and Sun Hung Kai are some of the property firms that took a big hit.