Start-up with balloon twist

“I want Elsa!” “Spiderman, please!” Excited children were yelling and pointing to their beloved cartoon characters shown on a catalogue at the booth of YM Balloon, a balloon twisting social enterprise, on a Sunday afternoon. At the booth, three young people in their 20s were busy in bending balloons into different shapes in order to…

Luxury home projects are scrambling for sales

Property developers are speeding up the marketing campaigns for luxury home projects with the US Federal Reserve slowing the pace of the interest rate hike. Ho Man Tin in Kowloon is one of the districts where developers are marketing their luxury flats with 2,261 units beginning on sale from this week. These new units are…

SHK reports a 9.9% rise for interim profit

Hong Kong’s largest property developer, Sun Hung Kai Properties Limited, reported a 9.9% increase for underlying interim profit and declared a 10.5% rise for its interim dividend amid the looming economic downturn. Chairman cum managing director Raymond Kwok said increasing the interim dividend was to indicate its confidence on full-year performance. “Barring unforeseen circumstances, it…