Economy
Second quarter service activity output up 6.3%
Second quarter service activity output up 6.3%
Net output for construction sector up 16.3% behind surge in public-sector works.
Hong Kong's air pollution reaches record high
70% of Hong Kong respondents in an April Gallup survey showed dissatisaction with their air quality.
Hong Kong GDP grows 5.9% to $413.5bln
China remains largest external factor income inflow source at 43.8% as GNP $17.6bln larger than GDP.
Second quarter service industries' receipts rise
Yet financing and banking industries recorded slight drops of 2.7% and 0.3% in business receipts.
Foreign currency reserve assets up to US261.4bln
Hong Kong's total foreign currency reserve assets are about 56% of HK dollar M3.
Hong Kong companies up to 1.5mln
Electronic incorporation and one-stop service for company incorporation and business registration to lessen registration time.
Employers hold firm grip over salary negotiations
77% of Asia Pacific finance professionals surveyed believe employers control salary negotiation.
Hong Kong ranks sixth in global forex market
Average daily net turnover of foreign exchange transactions jumped 31.3% to US$237.6bln.
Hong Kong's insurance industry premiums up 14.5%
Net premiums rose 11.8% to $11.7bln while overall underwriting profit stood at $1.3bln.
Exchange Fund total assets up by $4.2bln
July total deposits rose 1.8%, with 1.1% and 2.5% rise in HK dollar and foreign-currency deposits.
Hong Kong: A liquidity boom underpins a credit revival
Excess liquidity and very low interest rates will likely prevail given the potential for more capital flows into Hong Kong, according to Macquarie...
Renminbi appreciation may reduce HK dollar demand
The European debt problems and Mainland's policy tightening might cause some slowdowns in HK economic growth.
Hong Kong's jobless rate falls to 4.3%
But unemployment rate of 20 to 24 age group rose by one percentage point to 12.1%.
GDP jumps 6.5%
Total exports rose 20.1% in real terms compared to last year while investment spending saw a 15.2% increase.
Hong Kong’s volume of goods exports up 23.1%
Volume of goods imports increased higher than volume of total goods exports by 5.3 percentage points.
Finance professionals' optimism reflects positive market outlook
Only 23% of Hong Kong finance professionals consider company’s policy and values on ethical issues when changing jobs.
Exports and imports soar to 26.7% and 31% in June
But government said the level of uncertainty in the external trading environment remains high due to the measures implemented by some European...
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