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Hongkong and Shanghai Hotels swings to $23m H1 profit from $289m loss
Hongkong and Shanghai Hotels swings to $23m H1 profit from $289m loss
The Hotels division drove the recovery, with revenue up 10% to $3.1b.
4 hours ago
Restaurant receipts edge up 0.4% to $27.2b in Q2
Restaurant receipts edge up 0.4% to $27.2b in Q2
Total purchases also rose 2.5% to $8.8b during the period.
4 hours ago
Cathay H1 profit jumps 71% to $6.2b despite fuel cost surge
Cathay H1 profit jumps 71% to $6.2b despite fuel cost surge
Revenue rose 25.3% to $68.06b during the period.
7 hours ago
Hong Kong power imports test grid and tariff stability
"https://vimeo.com/1215683318"
Hong Kong power imports test grid and tariff stability
Long construction timelines and rising data-centre demand could complicate plans to raise zero-carbon electricity to 70% by 2035.
1 day ago
Hong Kong-Macao private-car quota rises by 400 to 1,400
Hong Kong-Macao private-car quota rises by 400 to 1,400
The three-year permit will take effect from 30 September.
1 day ago
HSBC profit jumps 23% to $15.3b
HSBC profit jumps 23% to $15.3b
The lender plans a $1b share buy-back before releasing its third-quarter results.
1 day ago
Retail sales extend gains with 4.6% rise in June
Retail sales extend gains with 4.6% rise in June
Online sales rose 11.6% to $3b, accounting for 9.4% of total retail spending.
1 day ago
Legal framework for refusing future life‑support takes effect
Legal framework for refusing future life‑support takes effect
Patients must meet statutory requirements before signing one.
1 day ago
Property sales slump 6.9% in July
Property sales slump 6.9% in July
Building unit sale and purchase agreements dropped to $51.7b.
1 day ago
Hong Kong life sales soar despite investor caution: Jefferies
Hong Kong life sales soar despite investor caution: Jefferies
Local sentiment remained positive as visitor traffic and insurance opportunities strengthened.
1 day ago
AECOM opens Asia headquarters in Cheung Sha Wan
AECOM opens Asia headquarters in Cheung Sha Wan
The office occupies about 126,000 gross square feet across four floors.
2 days ago
HSBC amongst first to trade new China Bond Futures on HKEX
HSBC amongst first to trade new China Bond Futures on HKEX
It is cash-settled, priced against a basket of onshore China Government Bonds.
2 days ago
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit
It is seen as the world's largest home-loan portfolio transaction.
3 days ago
Manulife Hong Kong and Macau names new chief distribution officer
Manulife Hong Kong and Macau names new chief distribution officer
Carrie Tong, previously chief operations officer, succeeds Ivan Chan.
6 days ago
Hong Kong grants 30-Day visa-free entry to Nicaragua, Solomon Islands
Hong Kong grants 30-Day visa-free entry to Nicaragua, Solomon Islands
Reciprocal pact lifts HKSAR passport access to 178 destinations.
6 days ago
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Exclusives
Zero-carbon power tests Hong Kong's grid
Certification and grid investment could create business opportunities.
6 days ago
Food & Beverage
Hong Kong diners seek more than good food
![Hong Kong diners seek more than good food]()
They want a story on the plate, not just protein and starch.
Transport & Logistics
Hong Kong widens cross-border driving scheme to boost visitor spending
![Hong Kong widens cross-border driving scheme to boost visitor spending]()
Economists say longer stays matter more than higher arrival numbers.
Hotels & Tourism
The Landmark reopens with wine, wellness, and wider appeal
![The Landmark reopens with wine, wellness, and wider appeal]()
Its 109 rooms and suites have been refurbished with lighter timber flooring.
Singapore, Hong Kong take rival paths to capture global gold trade
![Singapore, Hong Kong take rival paths to capture global gold trade]()
One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.
Commercial Property
HKIC told to set clearer property investment rules
![HKIC told to set clearer property investment rules]()
Core office vacancy could fall below 6% by 2030.
Southeast Asian buyers boost Hong Kong art market
![Southeast Asian buyers boost Hong Kong art market]()
Art fairs accounted for 35% of global dealer turnover in 2025.
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Commentary
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