Hong Kong

Hongkong Post taps online opportunities

Hongkong Post is working with online shopping and group-buying websites to provide a platform for merchandise delivery and counter collection, and cash-on-delivery services for them. Hongkong Post is also developing other new e-commerce-related business.

Hongkong Post taps online opportunities

Hongkong Post is working with online shopping and group-buying websites to provide a platform for merchandise delivery and counter collection, and cash-on-delivery services for them. Hongkong Post is also developing other new e-commerce-related business.

Mid-Autumn Festival gift sets made available

Hongkong Post announced that new 2011 Mid-Autumn Festival gift sets will be available under the Mainland-Hong Kong-Macau Gift Fulfilment Service until September 4.

SFAA to advance textbook assistance

Ninety per cent of eligible primary and secondary students, approximately 220,000, will receive advance payment of textbook assistance for the 2011/12 school year.

Customs seizes $4M worth of electronic goods in two smuggling crackdowns

Customs seized more than $4 million worth of electronic goods in a two-day crackdown on smuggling.

Customs arrests 12 for selling pirated textbooks

Customs seized 185 suspected pirated textbooks and arrested 12 people during a raid seven second-hand book shops.

Details set for $6,000 hand out scheme

The $6,000 handout scheme will commence on August 28, according to Secretary for Financial Services & the Treasury Prof KC Chan.

Hong Kong starts campaign to phase out incandescent light bulbs

Hong Kong proposes to progressively phase out incandescent light bulbs to conserve energy, reduce carbon emissions and alleviate the impact of climate change.

We cannot prevent attacks: HKEx

CEO Charles Li said they can try to defend the websites when attacks come but they don’t know who the attackers are and how to prevent them from striking.

Hong Kong stocks continue to dive amidst Europe debt woes

HSBC Holdings Plc, Europe’s largest bank by market value, fell 2.9%.

Hong Kong’s GDP may have grown 6.3% in 2Q11

With retail sales growth staying above 27% for three consecutive months.

China Environmental Technology and Beijing Capital (HK) form JV

The group’s technology and Beijing Capital’s resources the JV to further expand its magnetic water treatment business.

Sino-Life turnover up 17.5% to RMB36.2mn

The group’s new marble trading business has made considerable profit contribution.

TNT Express opens fashion logistics hub in Hong Kong

The company sees Hong Kong as a highly efficient logistics centre and a global hub for trade in garments and luxury goods.

China Rongsheng Heavy Industries seals US$220mn loan from Credit Agricole

The company expands capital channel overseas while fending off rising CNY exchange rate risk.

Pacific Andes Singapore units’ third quarter profits post gains

PARD profit up by 17% to HK$254.8mn while China Fisheries’ profit grew 5% to HK$291.7mn.

Sha Tin lot sold for $5.5 B

 A government lot in Sha Tin was sold for the opeing bid of $5.5 billion during the fourth land auction of the 2011-12 financial year.  

Anti-illegal worker operation at New Territories North makes 38 arrests

 A joint enforcement operation s mounted by the Immigration Department, the Police Force and the Labour Department resulted in 38 arrests in the New Territories North.