Hong Kong
OOCL, Evergreen, Simatech Shipping to launch new liner service
Five 2,700 TEU ships to travel on Southeast Asia-India-Middle East route in a 35-day voyage.
OOCL, Evergreen, Simatech Shipping to launch new liner service
Five 2,700 TEU ships to travel on Southeast Asia-India-Middle East route in a 35-day voyage.
China Wireless profit up 740.4% to HK$270mln
While operating profit and shipment for first half skyrocket, gross profit margin dropped 4.5 percentage points.
Cathay Pacific to reinstate more capacity as demand increases
Carrier to add 4% more overall passenger capacity to match 2008 pre-financial crisis levels.
Hong Kong’s largest solar power system gets commissioned
The largest solar power system in Hong Kong has been commissioned by HK Electric. Located on Lamma Island, the system is expected to generate 620,000 units of electricity annually.
Swire Pacific profit soars to $14bln
Group confident that investments in its core businesses during economic downturn instrumental weathering future economic uncertainties.
North Asia Strategic profit up 239% to $7mln
Hi-tech distribution & services division increased 167.7% and 19.8% respectively as Group continues to monitor risks.
Optiled and Astri to bring LED lighting to Hong Kong
Launch of jointly developed Super Star LED lamps features energy efficient lighting technology.
Hang Seng sees 30% yuan deposit growth
Lender has raised its loans-to-deposit ratio to 58% behind 1.77% first half net interest margin.
Hong Kong Resources issues $216mln convertible bonds
Move aims to strengthen capital base and accelerate retail businesses expansion in the Greater China region.
Cathay Pacific profit skyrockets to $6.8bln
51.1% increase in fuel prices, economic fluctuations and volcanic eruptions can pose threat to sustained growth.
Qool to distribute BlackBerry smartphones in Hong Kong
To work with RIM to provide product training, marketing support and point-of-sale materials.
Monetary Authority approves Octopus auditor's appointment
Deloitte Touche Tohmatsu to report whether any third parties had access to Octopus cardholders' personal data.
Finance professionals' optimism reflects positive market outlook
Only 23% of Hong Kong finance professionals consider company’s policy and values on ethical issues when changing jobs.
HSBC profit jumps 121% to US$11.1 billion
This record profit excludes tax and is in comparison with the US$6 billion pre-tax profit for the first half of 2009.
Ngong Ping Piazza in Lantau opens
Religious ambience with Buddhist character is the highlight of $77.5mln enhancement of the tourist destination.
Xinyi Glass profit up 1.85 times to $641.8mln
Group to strengthen operational management efficiency to tackle any challenges during prolonged global economic recovery.
Home prices to rise by 15% amidst shortages
City’s growing job market and increasing wealth help drive real estate demand while supply rises slowly.
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Transforming Hong Kong into a climate tech powerhouse