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Hong Kong unemployment rate down to 3.2%

Yet underemployment rate climbed to 1.5% during November-January period. The unemployment rate fell from 3.3% in October-December to 3.2% in November-January, the Census & Statistics Department announced. Read ››

80% of Hong Kong CFOs upbeat about economy

45% of the finance leaders planning to hire permanent accounting, finance and banking staff cited increasing workloads as their reason, while 40% said business growth or expansion. Read ››

Enhanced Investment Products lists 3 new XIE shares

Product suite eyed be the first swap-based synthetic ETF platform managed by a local Hong Kong manager. Read ››

Sinopec to IPO in Hong Kong

China’s leading oil company awakens to the advantages of going international. Read ››

China Everbright International 2011 profit up 30% to HK$801.441mn

Results achieved new heights by capturing opportunities presented by national environmental protection policy under 12th five-year plan. Read ››

Swire Properties Announces New Brickell CitiCentre Project in Miami

The Company plans to begin construction by the second quarter of 2012. Read ››

Hong Kong has the highest level of globalization for the second time

Hong Kong 's top place in The Globalization Index is seen to continue through 2015. Read ››

January Exchange Fund foreign assets soars by $45.7bn

Hong Kong’s claims on the private sector reached $184.4bn. The foreign assets of the Exchange Fund increased by $45.7 billion to $2.2237 trillion in January, the Monetary Authority announced Tuesday. Read ››

Air China January passenger capacity up 6.6%

Yet cargo capacity fell by 6.8% and Revenue Freighter Tonne Kilometres down 25.9%. Read ››

Cathay Pacific starts offering new economy class experience

The new service provides ease featuring a quieter, more spacious cabin with between 26 and 34 seats per aircraft. Read ››

Dah Chong Hong join forces with Brasil Foods S.A.

Tie-up aimed to further develop DCH's food business. Dah Chong Hong Holdings Limited (DCH) announced the conclusion of a joint venture agreement with the world’s leading poultry exporter, Brasil Foods S.A. Read ››

Hong Kong Airlines unveils world’s first all-business class A330-200

Launching coupled with roadshows in Hong Kong, Shanghai and Beijing. Read ››

Bank of East Asia profit up 3%

Net profit for FY11 was HK$4.36b. Kim Eng noted: FY11 net profit was HK$4.36b, up 3% yoy. Read ››

Sino Harbour Property profit up 17.3% to $13.03mn

Through delivery of a gross floor area of approximately 43,600 sq m. Read ››

Combined Cathay Pacific January passengers up 12%

Yet combined tonnes of cargo and mail was carried by the two airlines dropped 19.5% last month. Read ››

Hongkong Jet adds 5 cabin aircraft to its fleet

The company has been able to bring aircraft into operation after signing the respective aircraft management agreements. Read ››

CapitaMalls Asia profit up 8.1% to HK$2.8mn

2012 will be inflection point for CapitaMalls Asia with more than 50.0% of its malls in China operational. Read ››

Hong Kong to set up insurance protection fund

The bill is planned to be introduced into LegCo in the 2012-13 legislative session for setting up the fund in 2013-14. Read ››

HKMA December approved new mortgage loans down 12.8%

Number of new applications in the month also fell 14.6% to 6,039. Read ››

Hong Kong government urges prudent investment

Investors advided to consider interest rate and underlining fundamentals of the world economy in making their decisions. Read ››

China Everbright International vows to respond to global economic crisis

The company promises no layoffs, no pay cuts, increase in R&D investment and more job opportunities. Read ››

Mourant Ozannes opens Hong Kong office

The law firm affirms its Hong Kong team members bring a wealth of knowledge and experience in their respective fields. Read ››

Volume of domestic exports down 37.6%

Total exports volume fell 3.6% in November. A report by the Information Services Department said, “Comparing last November with November 2010, the prices of goods re-exports increased 7.7%, while that of domestic exports increased 6%. Read ››

Hong Kong invites Vietnam to its trade fairs

In 2011, 54 Vietnamese exhibitors joined Hong Kong fairs while the number of Vietnamese trade buyers reached nearly 2,200. Read ››

Hong Kong and Britain tie up to promote renminbi

The semi-annual forum will focus on finding synergies by enhancing linkages between Hong Kong and London. Read ››

Tsang announces economic growth strategies

Infrastructure investment boost, more diversified business environment promotion, attraction of a wider variety of foreign firms to Hong Kong and enhancement of Hong Kong's accessibility are among the strategies presented. Read ››

Cathay Pacific and Dragonair December total number of passengers up 8%

Yet the two airlines carried 142,122 tonnes of cargo and mail in the same month, down 11.9%. Read ››

China Everbright International gets support from the National Development and Reform Commission

Changzhou Equipment Manufacturing project has obtained approval for a subsidy of CNY9.7mn from the 2012 Strategic Emerging Industries Fund. Read ››

Tseung Kwan O site awarded to Fortune Precision

It’s on a 50-year land grant at a premium of $1.86 billion. Read ››

Cathay Pacific Airways and HAECO join forces

The two companies sign on airframe inventory technical management. Hong Kong Aircraft Engineering Company Limited (“HAECO”) has entered into a memorandum of understanding with Cathay Pacific Airways Limited (“CX”) in relation to the management of the CX group’s airframe rotable components. Read ››

Mortgage Corp posts $1.26bn profit

The company has maintained the credit ratings of AAA by Standard & Poor’s and Aa1 by Moody’s. Read ››

HKRH posts 97% fourth quarter sales growth

Sales of HKRH’s franchisees to their end customers up by 90%. Read ››

ADB and six other grants financial backing to China Everbright International

Support aimed to develop its waste-to-energy projects. China Everbright International Limited (“Everbright International”), is pleased to announce that on 11 January 2012, the Group has reached an agreement with the Asian Development Bank (“ADB”) and six other banks. Read ››

Hong Kong and Shanghai improve ties

Hong Kong will back the establishment of the joint venture company of the Stock Exchange of Hong Kong, Shanghai & Shenzhen. Read ››

HKMA grants licence to China Minsheng Bank

China’s ninth largest bank is the 153rd licensed bank in Hong Kong. Read ››

China includes Sino Oil and Gas’ project in 12th Five-Year Plan

The company’s Sanjiao coal bed methane project is dubbed as a core project in the plan. Read ››

Only for the brave: the Mainland’s still a tough market

The Chinese mainland has its problems but still offers business opportunities for Hong Kong businesses that can afford the uncertainties and risk. Read ››

Hang Seng loses a fifth of its value; prospects bleak

After losing a fifth of its value in 2011, the Hang Seng Index staggered into 2012 facing the stark reality of even more crippling losses. Read ››

Kai Shi China lists on the Main Board of HKEx

The company plans to raise up to HK$180mn by international placing and Hong Kong IPO of 150mn shares. Read ››

Dragonair backs air services arrangement between Hong Kong and Taiwan

The ASA seen to provide better opportunities in strengthening Hong Kong’s position as an aviation hub. Read ››