Hong Kong home sales recovery expected to boost developers’ earnings

    Hong Kong home sales recovery expected to boost developers’ earnings

    Hong Kong property developers are expected to report stronger first-half earnings in the coming weeks, buoyed by a rebound in home sales and improving development margins, as investors look for clues on whether the sector’s recovery is sustainable. Bank of America Global Research expected Hong Kong developers and conglomerates to post average core net profit…

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    Some air passengers remain stranded at Hong Kong airport after Typhoon Noul

      Some air passengers remain stranded at Hong Kong airport after Typhoon Noul

      Some air passengers remained stranded at Hong Kong International Airport on Monday following Typhoon Noul’s departure from the city, with authorities expecting normal operations to resume by the morning. According to the airport website, as of 12.45pm, 12 departing flights initially scheduled for Sunday had been rescheduled to Monday, including three that were due to…

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