Hong Kong
ETFs forecast to be launched before the end of 2011
These exchange traded-funds will enable mainland investors to access stocks listed in Hong Kong.
ETFs forecast to be launched before the end of 2011
These exchange traded-funds will enable mainland investors to access stocks listed in Hong Kong.
Sany Heavy Industry to use IPO proceeds for overseas development
The construction equipment maker aims to raise $3.4b in its Hong Kong initial public offering.
Citic Bank International eyes over $234b cross-border yuan-denominated transactions in Hong Kong for 2011
This after its settlement of such transactions skyrocketed 366 percent to almost $4b in the first half.
Hang Seng Index set for drop by over 600 points
Investors are uninspired as the debt crisis in Europe continues to be a concern.
Retail industry records biggest rise in business receipts
Boost was from what was described as “vibrant” local consumption demand and tourist spending.
Hongguo to offer 500mn shares in IPO
40% of the net proceeds is aimed for expansion of its retail network.
Roy Tang to take on Hong Kong’s Director of Broadcasting post
Tang vowed to maintain the editorial independence of Radio Television Hong Kong.
Scheme $6,000 registration phase 2 opens
More than 850,000 registration forms have been received as at Sept. 8
Hong Kong’s second quarter service industries receipts surge
Yet business receipts in import and export trade fell 4.9% and financing (except banking) by 3.9%.
China WindPower defers spin-off of tower tube manufacturing unit
The postponement of spin-off and listing caused by changes in market conditions and market volatility.
Mark McCombe quits as Hang Seng Bank director
McCombe clarified he has no disagreement with the board in connection with his resignation which took 9 September 2011.
Mainland firms encouraged to use Hong Kong's creative and financial expertise
Mainland enterprises were encouraged to build up brands and access the world market through Hong Kong by promoting the city's advantages in the creative and financial industries.
HSBC Global Research promotes and adds Equity Research team members
David May is now based in Hong Kong as Head of Equity Research, Asia- Pacific. He will be responsible for developing and expanding the equity research franchise in Asia.
Holiday risk management arrangements in place for 12 September
There will be mandatory intra-day variation adjustment calls in the Hang Seng Index, Mini-Hang Seng Index, H-shares Index, and Mini H-shares Index futures markets on Monday.
“Hong Kong’s banks are well capitalized”: Nelson Man
He said there is no immediate need for Hong Kong’s banks to raise capital amidst the debt crisis in Europe.
Labour chief to HSBC: Minimise the impact of retrenchment
The Labour & Welfare Bureau has expressed its concern with HSBC following news that the bank will cut 3,000 jobs in Hong Kong.
Hong Kong’s second quarter port cargo throughput up 9%
The port of Hong Kong handled 6.4mn container units during the same period.
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