Hong Kong
Optiled and Astri to bring LED lighting to Hong Kong
Launch of jointly developed Super Star LED lamps features energy efficient lighting technology.
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.
Chu Kong Shipping to acquire 75% equity interest in Civet Logistics
Optimises the Pearl River transport system to become a diverse transport service provider.
HKEx announces forfeiture of unclaimed interim dividend
Unclaimed interim dividend for 2004 of $0.43 per share will be forfeited and will revert to the company pursuant to Hong Kong Exchanges and Clearing Limited's Articles of Association.
Wynn Macau posts $714.4 million net revenues in the second quarter
Compared to only $410.4 million in the second quarter of 2009, Wynn Macau's net revenues jumped with the opening of Encore driving growth in the VIP segment.
Commissioner Woo urges Octopus to improve privacy protection
The company should not collect and disclose excessive personal data, said Privacy Commissioner for Personal Data Roderick Woo.
Tolls at Western Harbour Crossing rise
Western Harbour Tunnel Company Limited is adjusting the level of its tolls as it faces increased operating costs and needs to raise sufficient cash flow to repay debts.
ASM Pacific to snap Siemens AG's assembly systems business
ASM, a semiconductor assembly and packaging equipment supplier, aims to explore opportunities in the SMT equipment business.
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Commentary
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