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Cathay Pacific and major shareholders halt trading in Hong Kong
Cathay Pacific and major shareholders halt trading in Hong Kong
The airlines is poised to announce a new CEO at Cathay Dragon.
Mad dash for offshore accounts amidst security law
HSBC and Standard Chartered have seen high surges in enquiries.
Total cargo down 3.2% to 57.2m tonnes in Q1
But inward port cargo increased by 5.5% to 39 million tonnes.
HKMA, banking industry launch job programme
It offers 300 roles for students graduating in 2020 with a bachelor’s degree.
Property market proves resilient even as crises mount
Dozens of would-be buyers lined up to bid for 94 apartments in The Campton.
This biotech startup addresses a multibillion dollar problem in the fisheries sector
Spidfier offers a solution that could shorten the process of verifying fishes at a cheaper rate.
PMI improves to 43.9 in May but business outlook remains bleak
Firms are still worried about the long-term effects of the pandemic.
Tycoon Richard Li's telecom firm weighs $7.75b unit sale
The asset could attract interest from other telecom companies as well as private-equity funds.
Hong Kong falls to 36th place in global startup ecosystem rankings
But the city was noted for being a model of an open ang global ecosystem.
Retail sales down 36.1% in April
The plunge was led by sales of jewellery, watches and clocks, and valuable gifts.
108 startups graduate from HKSTP's incubation programmes
The ceremony gathered 78 incubation and 30 pre-incubation STEP start-up graduates.
Rich Chinese shun Hong Kong to seek asset safety elsewhere
Some are looking to move their offshore wealth base to Singapore and Switzerland.
SGX plunges to 17-year low as MSCI signs pact with HKEX
The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.
Housing prices slid 3% YoY in Q1
Residential prices are supported by solid housing demand.
Local finance firms lead in AI but regulations hinder growth
58% of financial firms in the city will utilise AI next year.
Cathay Pacific's merger hits roadblock from aviation regulator: report
This comes after some of its staff attended the anti-government protests in Hong Kong.
Inflation eases to 1.9% in April
This was partly attributed to a smaller climb in private house rents.
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