Hong Kong

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Why Hong Kong needs a corporate wellness paradigm shift now

By mid-June of 2021, more than 2.4 billion COVID-19 vaccine doses had been administered to populations in 180 countries, according to data collected by Bloomberg. While that may be encouraging news on its face, a return to ‘business as usual’ remains a distant and uncertain prospect; though COVID transmission rates are down in some countries, they have skyrocketed in others, causing yet more rounds of lockdowns and bringing economic activity to a virtual halt.

Hong Kong may ease entry for vaccinated persons

This does not apply to vaccinated persons from extremely or very high-risk places.

Hong Kong to rank third in global IPO race

Hong Kong IPO is expected to perform strongly in the second half of the year.

Xinyi Glass secures $1b green loan

The loan from Hang Seng Bank will fund its green projects.

People’s Bank of China to issue RMB5b Bills

It will be issued through HKMA’s Central Moneymarkets Unit.

Cathay Pacific passenger traffic rises 30% in May

The airline carried some 24,000 passengers during the month.

HKMA launches new Regtech guide series for banks

This forms part of the HKMA’s Regtech roadmap.

Hong Kong ranks 7th most competitive economy in 2021

This is two places down from its 2020 ranking

Why R&D labs in Hong Kong are scarce

The demand for medical office buildings in Hong Kong is high, but hard to get.

HKTB eyes new scheme to boost vaccine drive

The Hong Kong Tourism Board will reward those who have taken their vaccine shots.

Growing exodus of junior bankers poses talent shortage for banks in Asia: report

Even raises of up to 30% has failed to stop junior investment bankers from leaving.

AstraZeneca HK, Lippo Healthcare partner for health innovation in GBA

The collaboration will address healthcare challenges in treating chronic diseases.

Industrial production climbs 2.6% in Q1

This is an improvement compared to the 6.1% year-on-year decrease recorded in Q4 2020.

Hong Kong raises Indonesia’s COVID-19 risk level

Indonesia will be identified as a “very high-risk” area, starting 21 June.

Morimatsu International eyes $2.48 per share price in global offering

The manufacturing firm will issue 250 million shares in its global offering.