News

Companies Registry produces $141m surplus

107,416 new companies were incorporated during the year as technology shortened the process of starting a business.

Companies Registry produces $141m surplus

107,416 new companies were incorporated during the year as technology shortened the process of starting a business.

Electrical & Mechanical Services Trading Fund reports $4bln revenue

The trading fund expects its business to remain steady as its post return on revenue at 11.8%.

Survey shows climate change top concern in Hong Kong

Yet only 15% in HK said they understand a lot about climate change compared to 36% global average.

Dragonair eyes to recruit 300 more flight attendants

The third recruitment day this year to cope with the increasing passenger volume and flight frequency.

Bank of Communications to launch HK private banking

The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.

Short-haul and long-haul flight surcharges up 8% and 3%

New rates enable carriers to partially recover operational costs due to fluctuations in aviation fuel prices.

HSBC introduces new Private Banking leadership teams

The lender announced replacements of heads of North Asia, South East Asia, and EMEA regions.

Mild housing measures help clear policy overhang

Fundamental price drivers like too much market liquidity and low interest rates will remain unchanged even with the new housing measures put in place by the HK government, the Deutsche Bank AG/Hong Kong said Thursday.

China Mobile third quarter profit flat at 29.65bln yuan

China has low mobile penetration compared to developed economies that stifles growth of its telecommunication companies.

Automated Systems strikes deal with China Southern Airlines

Collaboration aims to develop world-class enterprise content management solution.

Hong Kong unemployment rate steady at 4.2%

The underemployed grew by 500 to 71,000 despite increase in total employment by 8,000 people.

Overseas companies operating in HK up 2.6%

Twenty percent of the companies said they may expand their businesses in Hong Kong.

Evergreen mulls raising $140mln in HK IPO

The company joins the slew of IPOs in Hong Kong.

Wage rate to be tabled on November

Government to research on standard working hours that should balance the overall business environment and people's life quality.

Hong Kong top location in Asia for listings

International companies seeking a listing are after improved valuation in the currently buoyant Hong Kong market.

Government housing policy measures not enough – CBRE

The real-estate services firm said the measures pledged in Hong Kong Chief Executive’s Policy Statement are unlikely to provide an instant remedy to Hong Kong’s steadily escalating housing fever.

Hong Kong strikes technology deal with Alberta

Five-year agreement will enable both governments to explore feasibility of scientific and technological co-operation.