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Country Garden widens loss to RMB48.9b in 1H23
Country Garden widens loss to RMB48.9b in 1H23
The property sector’s shrinkage has exerted mounting pressure on the developer’s operations.
Cathay Pacific rolls out changes in SEA leadership
The airline named four new country managers.
HKSTP and tech firm to launch R&D centre for HK’s new energy vehicles sector
The centre will create 600 research talents.
Hong Kong has issued US$22b in green bonds: report
Proceeds for the bonds have been allocated or earmarked for green projects.
Hong Kong’s mortgage loans drop 18.2% in July: HKMA
Applications also fell to 8,086.
Hong Kong’s shifting office trends embrace flexibility and collaboration
As the office leasing dynamics evolve in Hong Kong, ESG considerations also influence tenant choices, say Colliers experts.
CITIC Limited reports $4.4b profit in H1
An EPS of RMB1.10 has been announced.
Golden Wheel Plaza up for sale via public tender
The tender for the 25-storey building will end on 31 October at 12 noon.
HK, Bangladesh ink tax agreement
The pact sets out the allocation of taxation rights between the two jurisdictions.
HK establishes stock market task force
Carlson Tong will lead the group.
SEBA Bank obtains in-principle approval from Hong Kong
The approval allows the crypto bank to engage in regulated activities in the city.
Country Garden to issue 350.6 million shares to pay off loans
The property developer priced their shares at $0.77 apiece.
Hong Kong’s business scholars target top finance employers for work-life balance
Educators at business schools confirm that students’ career priorities have shifted.
KONNECT at 303 Jaffe Road up for sale via expression of interest
Current average rent in the building is around $40 per square foot.
HK, Vietnam ink immigration pact
Under the pact, the parties will cooperate on the verification and repatriation of illegal migrants.
Basket of properties in Pan Hoi Street and King’s Road up for auction
The reserve price for the basket of properties is $6.31b.
China Evergrande cuts losses to RMB39.2b in 1H23
The group has implemented several schemes to improve liquidity.
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