Hong Kong
Mt. Nicholson Road site may be sold for HK$10.5 billion
The building site in the Peak district may be auctioned off by the government for approximately HK$10.5 billion ($1.35 billion) amidst demand for high-end properties in Hong Kong.
Mt. Nicholson Road site may be sold for HK$10.5 billion
The building site in the Peak district may be auctioned off by the government for approximately HK$10.5 billion ($1.35 billion) amidst demand for high-end properties in Hong Kong.
Asia Cassava Resources profit up 101% to $100mln
Sales volume of dried cassava chips soars 115% to 350,000 tonnes behind demand for ethanol fuel.
Minmetals Land and China partner buy $364.25mln plot
265,000 sq.m. land area acquired from auction in Hebei to be developed into a new-type Eco-community.
M800 strikes deal with Converged Solutions on call-centre solution
Extensive IP-based system empowers enterprises with cost-efficient versatile infrastructure to comprehensively reach multiple customer channels worldwide.
Dragonair resumes direct flight to Fukuoka
Japan's popularity to tourists prompted airline to operate direct non-stop service between Hong Kong and Fukuoka.
OP Financial jumps to profit at HK$473.07mln
Net asset value grows 67% behind HK$1.48bln return from Kaisun Energy and HK$323.82mln from China Investment.
Hong Kong developers to capitalise on Guangdong redevelopment
China province’s real estate investment surged 32.2% to HK$131.36bln amid the hosting of Asian Games.
Site construction in Sai Wan deferred
Disagreements put the construction to halt.
Offshore renminbi products take off
Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.
StanChart and HSBC to launch higher-yielding RMB products
Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.
Hong Kong SMEs to invest in the next 6 months
1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.
3 airlines to slash fuel surcharges
Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.
China Agri-Industries offering stocks and bonds worth HK$3.89bln
The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.
Brazilian companies plan Hong Kong Listing
Hong Kong Exchange 2-year plan includes attracting new international listings in metals, mining and energy industries.
HSBC enables RMB payment for Wealthsave Protection Plan
Product extended to corporate customers as option to settle premiums in RMB or HKD.
Hong Kong's goods export volume up 19.2%
Prices of total goods exports increased 4.1%, while prices of goods imports rose 6.8%.
Hong Kong unemployment stays at 4.6%
Figures show that companies remained active in recruitment that absorbs the concurrent increase in labour supply.
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Commentary
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