Hong Kong
Department of Health orders recall of Chinese product
ChuFengT’ouKu Wan has been found to be tainted with paracetamol.
Department of Health orders recall of Chinese product
ChuFengT’ouKu Wan has been found to be tainted with paracetamol.
Hong Kong stocks drop for the first time in 5 days
Stocks fell prior to release of a labor report that may show a slowdown in US employment.
What you need to know about Hong Kong’s seemingly bearish economy
Growth has been falling since September 2010 and inflation reached 7.9% in July - what’s next?
Henry Tang condemns protest at public forum
The Acting Chief Executive criticised the protesters for “abusing the rights of the forum participants and disrupting what would have been a fair and rational discussion”.
BlackBerry Bold 9900 available in Hong Kong on Sep 9
The new smartphone’s is equipped with new BlackBerry 7 operating system with a significantly faster, more fluid web browsing experience.
Singamas picked as constituent stock of Hang Seng Composite Index
The inclusion reflects the strong recognition of the Company from the investment community.
China Nickel Resources profit up 592% to CNY106mn
The group’s integrated development of mineral resources, nickel and special steel products enters into a new stage of development.
Development Bureau junks mall proposal
The Bureau said the proposed granting of consent to the developer of The Pulse to lease out shops was not worthy of consideration.
Chu Kong Shipping Development profit up 7.5% to HK$73mn
The company teams up with large shipping companies to optimize port business model.
ZTE profit down 12% to CNY769mn
Group posted revenue growth of 8.01% for carriers’ networks, 43.96% for terminal products and 42.29% for telecommunication software systems, services and other products.
Futong Technology down 24.5%to HK$30mn
Revenue from IT services provision up 162% as the company puts greater emphasis on IT Services, which paves the way for future growth.
Yip’s Chemical posts first half profit at HK$103mn
Despite profit drop, the group still optimistic to reach its annual turnover target of HK$20bn by 2015.
Herbert Smith appoints Mark Johnson as new head of Asia
As head of Asia, Johnson will chair the firm's Asia Executive Committee and take a lead role in the development and implementation of the firm's Asia strategy.
Insurance industry’s total gross premiums up 14%
Total gross premiums of the Hong Kong insurance industry amounted to $114.7 billion in the first half of 2011.
Government reports $2.2b deficit
Cited as the main reason are some major types of revenue mostly received towards the end of a financial year.
Lending spree: Loans and advances up 1.5% in July
Loans for use in Hong Kong rose by 0.7% compared to June 2011.
Yuan deposits in Hong Kong up 3.4% in July
Said deposits rose to RMB572.2b.
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