Hong Kong
Rebranding gives fresh impetus to leading insurer
Rebranding gives fresh impetus to leading insurer
The brand is combining the adoption of a new logo and name with service quality enhancements to reinforce its status as an industry leader.
Exchange fund yielded $79bln in 2010
The Exchange Fund investment return was 3.6%, according to Monetary Authority Chief Executive Norman Chan.
HSBC Global Asset Management relocates Simona Paravani to Hong Kong
Parvani’s global investment experience eyed to strengthen the bank’s investment team in Asia Pacific region.
IFC issues 150mn renminbi bond in Hong Kong
The five-year bond aimed to support clean technology project in China.
Cathay Pacific appeals European Commission’s antitrust decision
Appeal follows another one filed by the airline in the Seoul High Court challenging a similar decision by the Korean Fair Trade Commission.
Property investors seen to focus on office and retail sectors
Prospective capital of office and retail sectors expected to grow 14% and 17% respectively during 2011.
Fortune REIT profit up 20.7% to HK$597mn
Occupancy and rental rates for the 11 properties climbed to record high 98.7%.
China Everbright International inks HK$378.67mn biomass power generation project
The project in Laiyang, Shandong is part of the company’s goal of actively expands business presence in alternative energy business.
Hong Kong goods imports up 14.8% in December 2010
The value of Hong Kong's total goods exports rose 12.5% y-o-y in December.
Sino-Life sets up Hung Hom, Kowloon office
The group continues to advance funeral service practices and open a new chapter for the industry.
Hong Kong negative equity mortgages drop to 118 cases
December aggregate value of residential mortgage loans in negative equity down by $50 million from value in September.
HSBC unveils first insurance course for university students
The course gives unique opportunity for executives to share their knowledge, experience and insights on the industry with the next generation of insurance and finance leaders.
Mortgage loans approved down 23% in December 2010
New mortgage loans drawn down during December rose by 11.3% to $31 billion compared with November.
91% of HK businessmen see a bleak 2011
Respondents with positive expectations fell from 28 per cent to 26 per cent.
Hong Kong’s December overall consumer prices up 3.1%
The underlying consumer price inflation averaged at 1.7% for 2010, as expected by government forecasts.
Cathay Pacific names Ivan Chu director and COO
Chu's appointment is part the airlines senior management move after CEO Tony Tyler will resign on 31 March.
Pacific Andes profit up 7.4% to HK$1.09bn
The fishing company achieved sustained organic growth momentum across all operations while capturing expansion opportunities.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong
Hong Kong universities drive market shift: strategic acquisitions for student housing
Innovation at a Crossroads: Hong Kong's Needed Tech Transformation