Swire Pacific Secures Vienna Listing for HK$4.7 Billion Exchangeable Bonds
Swire Pacific Sets August Board Meeting to Approve Interim Results and Dividends
董事局會議召開日期
UBS Group raises Cathay Pacific (0293.HK) target price to HK$16.90, citing resilient earnings.
UBS Group published a research report expecting Cathay Pacific Airways (0293.HK) to announce its first-half 2026 results in August. Despite significantly higher fuel costs, the airline’s earnings are expected to remain resilient, supported by strong passenger traffic trends driven by inelastic travel demand and robust cargo performance. Additionally, following Air China’s (0753.HK) completion of its A-share issuance on June 9, 2026, Cathay Pacific’s equity stake in Air China was diluted from 15.09% to 12.85%, resulting in a one-time, non-operating gain of HK$1.4 billion to be recognized in the first half of 2026. In terms of net profit, the
Cold Chain Logistics Market Outlook 2026-2031: USD 515.79 Billion Opportunity; North America Accounted for 33.62% of Global Revenue in 2025, Says Mordor Intelligence
Central and Western District: The overall rateable value of office buildings has declined for six consecutive years, cumulatively falling by 34%, with premium-grade office space down 10% year-on-year.
Ms. Yang Mingyi, Senior Associate Director of Research at Centaline Property, noted that based on rateable value data from 37 prime and Grade A benchmark office buildings, the overall office rental values continued to decline in 2025, falling by 8% year-on-year with an accelerating pace—the steepest drop since 2020. Office rental values have now declined for six consecutive years since their 2019 peak, cumulatively dropping by 34.2%. The decline in 2025 was primarily driven by prime-grade offices, which saw a 10.1% year-on-year decrease due to rising vacancy rates amid increased supply. Grade A offices, supported by demand from mainland Chinese tenants, experienced a smaller decline than prime offices but still posted a 4% year-on-year drop for the second consecutive year.