Hong Kong
Hopefluent joins MSCI China Small Cap Index as a constituent
The company was able to handle approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou.
Hopefluent joins MSCI China Small Cap Index as a constituent
The company was able to handle approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou.
China Everbright and Macquarie’ infrastructure fund reaches US$729mn
Macquarie Everbright Greater China Infrastructure Fund will continue to raise capital throughout 2011 and 2012 from international and domestic investors.
Hong Kong government pushes for Mandatory Provident Fund hike
The government proposes increase the monthly minimum income level to $6,500 from November and the maximum level to $25,000 from June next year.
EPD makes 33 convictions in May
Thirty-three convictions were recorded last month for breaches of legislation enforced by the Environmental Protection Department.
Minibond investors to enjoy high level of recovery
PricewaterhouseCoopers, the Receivers of the Minibond collateral, announced the distribution of the underlying collateral for the Minibond series 10 to 12, 15 to 23 and 25 to 36 to nominal holders.
HK stocks close flat due to China's increased reserve requirement
Hong Kong shares closed flat after China's central bank raised the amount banks must keep in reserve.
Hong Kong's Exchange Fund foreign assets reach $272B in May
Hong Kong's Exchange Fund foreign assets amounted to 2.12 trillion HK dollars or about US$272 billion in May, up 6.8 billion HK dollars from the previous month.
LED lamps now covered by energy efficiency labelling scheme
The Electrical and Mechanical Services Department extended the voluntary Energy Efficiency Labelling Scheme to cover LED lamps.
Dragon Crown starts trading on the SEHK Main Board
Share price closes at HK$1.14 per share on the first day of listing, approximately 3.6% above the offer price.
Government to sell 8 sites in third quarter
The 8 sites are expected to produce about 6,000 units twice the number provided by the nine residential sites put up for sale in the second quarter.
Business receipts of couriers up 26.6%
The government said most of the major service industries recorded increases in business receipts in the first quarter.
HKMA issues measures on residential mortgage lending business
Signs of renewed exuberance on the market have become evident following high transaction prices recorded in recent government land sale auctions.
Hong Kong first quarter GNP up 7%
Total factor income inflow was estimated at $228.4bn, equivalent to 50.6% of GDP, up 13.9% over a year earlier.
First quarter construction works up 20.2%
Private residential building projects contributed the most to the growth of gross value of construction works at private-sector sites, which totalled $7.3bn.
Hong Kong’s fourth quarter industrial indices up
Industrial production for manufacturing industries as a whole increased 3.5% in the first quarter while producer price index surged 8.2% in the same period.
Prada upbeat on HK IPO despite global market turmoil
Prada SpA and its bankers said recent turmoil in world stock markets won't weaken their upcoming Hong Kong IPO.
Hung Hom restaurant slapped with suspension
The Director of Food and Environmental Hygiene has ordered a restaurant in Hung Hom to suspend business for 14 days. The restaurant operator, who repeatedly failed to store open food properly on the premises, was in breach of the Food Business Regulation.
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