Hong Kong
OP Financial jumps to profit at HK$473.07mln
OP Financial jumps to profit at HK$473.07mln
Net asset value grows 67% behind HK$1.48bln return from Kaisun Energy and HK$323.82mln from China Investment.
Hong Kong developers to capitalise on Guangdong redevelopment
China province’s real estate investment surged 32.2% to HK$131.36bln amid the hosting of Asian Games.
Site construction in Sai Wan deferred
Disagreements put the construction to halt.
Offshore renminbi products take off
Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.
StanChart and HSBC to launch higher-yielding RMB products
Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.
Hong Kong SMEs to invest in the next 6 months
1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.
3 airlines to slash fuel surcharges
Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.
China Agri-Industries offering stocks and bonds worth HK$3.89bln
The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.
Brazilian companies plan Hong Kong Listing
Hong Kong Exchange 2-year plan includes attracting new international listings in metals, mining and energy industries.
HSBC enables RMB payment for Wealthsave Protection Plan
Product extended to corporate customers as option to settle premiums in RMB or HKD.
Hong Kong's goods export volume up 19.2%
Prices of total goods exports increased 4.1%, while prices of goods imports rose 6.8%.
Hong Kong unemployment stays at 4.6%
Figures show that companies remained active in recruitment that absorbs the concurrent increase in labour supply.
Mei Ah returns to profit at HK$52mln
Television arm's revenue increased to approximately HK$104.1mln, representing 68% of the Group’s turnover.
Hong Kong and Shanghai collaboration may foster mutual benefit
Top HK official optimistic that working out 'one country, two systems policy' will improve both cities.
Hong Kong legislation passes minimum wage bill
Fate of labor groups' HK$33 per hour floor proposal depends on Chief Executive Donald Tsang's decision.
Centron Telecom secures HK$335mln loan facility
Six lenders provide 3-yr term loan for company's H2 2010 expansion and to step up operations.
Hong Kong to showcase at MIPIM Asia 2010
Urban development and heritage conservation highlights city's capability to host Meetings, Incentive travel, Conventions and Exhibitions.
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