Hong Kong
May Exchange Fund up $43.4bn
Hong Kong’s monetary base at the end of May down 0.5% to $1.05tn behind a decrease in Certificates of Indebtedness.
May Exchange Fund up $43.4bn
Hong Kong’s monetary base at the end of May down 0.5% to $1.05tn behind a decrease in Certificates of Indebtedness.
Comba Telecom inks pacts for base station antennas in Latin America
A major OEM customer picked Comba antennas to its wireless network project as it upgrade and enhance its existing networks and build new networks.
Sha Tin residential site up for auction
At least 970 flats must be built on the 23,056 m² site.
Renminbi deposits up 7.5%
Deposits grew to RMB548.8 billion.
China Gas 2010 profit up 40.2% TO HK$827.4mn
The group sees more growth opportunities behind China’s implementation of its Twelfth Five-Year Plan which put emphasis on the clean energy sector.
Sustainable Forest 2010 profit up 24.9% to HK$341.5mn
Group’s revenue from continuing operations surged 229% behind its 20 fold increase in sales of its forestry and timber products business.
Neo-Neon posts 2010 profit of HK$116mn
Group reported a HK$1.7bn turnover, an increase of 53.9% behind expanded production capacity.
Fairwood profit up 32.8% to HK$123.8mn
The fast food operator was able to provide more variety and better value products to our customers, which sustained its growth.
Metrojet names Wyn Li as Marketing and Client Relations Director
The company considers Li’s 20 years of marketing and sales experience in the aviation and hospitality industry an asset to its sustained business growth in Asia.
K. Wah International secures HK$1.47bn syndicated loan
Part of the loan to be used for refinancing, while the remaining will serve as general working capital to boost its financial efficiency.
IDT International still in the red with HK$49.6mn loss
Yet the company’s turnover increased 16% to HK$1.62bn while oys gross profit climbed 8% to HK$532.7mn.
China Print Power eyes listing on SEHK Main Board
The group is offering 39,000,000 shares at the range of HK$1.36 to HK$1.56 per share via its management team with an average of over 20 years industry experience.
Employees Retraining Board to increase training places to 130,000
The Government has also launched a manpower study to be completed by the end of 2011.
Hong Kong’s office market makes rapid rebound in Q1 2011
CB Richard Ellis says the country’s prime office rates climbed by 40% at the end of Q1 2011.
Hong Kong International Airport 2010 profit up 42%
The airport had 51.5 million passenger trips, 4.2 million tonnes of cargo volume and 316,000 flight movements last year.
Hong Kong’s IPO sees best interim performance in 10 years
An expected total fund raised of HK$400bn by 2011 end as companies use Hong Kong listing to tap China market.
TAC supports proposal to fit reversing goods vehicles with video devices
The TAC discussed the Government's proposed measures to enhance the safety of reversing goods vehicles.
Read Here
Advertise
Sign Up
Commentary
LandsD 'area model' idea makes sense for the San Tin Technopole
Hong Kong’s tertiary education policy shift ignites co-living growth
Transforming Hong Kong into a climate tech powerhouse