Hong Kong

Lippo Investments Management Hong Kong office opens

LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.

Lippo Investments Management Hong Kong office opens

LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.

Banks fall short on customer loyalty in Hong Kong and Asia Pacific

Customers feel unappreciated, unrecognized and under rewarded by their banks.

Hong Kong GDP grows 5.9% to $413.5bln

China remains largest external factor income inflow source at 43.8% as GNP $17.6bln larger than GDP.

Dragonair launches new service to Shanghai's Hongqiao Airport

16 daily flights between Pudong and Hong Kong further strengthen trade and economic ties between cities.

HKRH’s subsidiary invests RMB18mln in China operations headquarters

Collaborates with World Gold Council to launch the “Only Gold” product series in China.

Crown hires Richard Marriott Immigration Quality and Compliance Manager

Company seeks to take advantage of Marriott's immigration compliance experience in Australia.

HKMC to launch premium loan guarantee scheme

Scheme will guarantee to banks of up to 70% combined loan-to-value threshold of the premium loan.

Hong Kong RTGS incorporates real-time features to SwiftNet

Move enhances lenders' interoperability by using uniform standard to process domestic and international payment.

Asia-Pacific fund managers bullish on equities

Half of fund managers with overweight view on equities yet cautiously optimistic towards Greater China.

Construction work gross value up 7% to $28bln

Residential projects have largest share with $6.4bln in second quarter but down 3.8% in nominal terms.

Broadcasting Authority backs Asia Television shareholding changes

Agency reminds ATV to respect all statutory requirements and licensing conditions pertaining to management and control.

Second quarter service industries' receipts rise

Yet financing and banking industries recorded slight drops of 2.7% and 0.3% in business receipts.

Combined Cathay Pacific and Dragonair August passengers up 9.7%

August cargo traffic not quite as strong as the previous month in terms of volume.

NAR issues US$33 million convertible bonds

Estimated HK$243mln proceeds to be used for acquiring iron concession in Mongolia and facilitate future acquisitions.

Shanghai Pharma to raise $1.2bln via HK IPO

Company to offer 25% stake to fund acquisition of rivals and sales networks.

Vodafone divests China Mobile stake for $6.5bln

Sold 642.9 million shares for HK$79.20 after its value doubled and deemed minority holdings insignificant.

Hong Kong's finance industry faces talent shortage

91% of employers in Hong Kong’s finance industry report skills shortage in finance and accounting.