Hong Kong

HK Buildings Department received 3,741 complaints

HK Buildings Department received 3,741 complaints

In the past five years, the department issued 14 orders to prohibit changes in the use of buildings which constituted obvious or imminent danger to life and property or serious environmental nuisance.

Hang Seng Bank changes board composition

The board appoints Mark Seumas McCombe and Sarah Catherine Legg as Non-executive Directors of the Bank.

Swire Properties and HKR International ink RMB8 Billion loan facility

The raised capital will be used for Dazhongli project in Shanghai’s Jing’an district with a planned gross floor area of approximately 323,000 sqm.

Hong Kong's gross national product up 7.9%

The gross domestic product, estimated at $453.9 billion, recorded a 9.5% increase.

Yip’s Chemical to establish research and development centre in Shanghai

Phase 1 of the company’s Zhangjiang Hi-Tech Park operation to start in the second half of next year.

Manufacturing industries' production index up by 5.4%

Following a 2.2% y-o-y increase in the second quarter, according to the provisional results of a survey the Census & Statistics Department released today.

Airline passenger number up by 8.7%

Cathay Pacific and Dragonair carried a total of 2,181,995 passengers in November.

HK economy forecast 5% increase

Inflation will somewhat erode real income at least with respect to most local Hong Kong consumers.

2011 Hong Kong annual inflation forecast at 4%

Food price inflation may rise to 7% in 1Q11 should inflaton in China worsen.

Bank of China completes H share rights issue

The bank’s total valid acceptances and applications representing 397.4% of the total number of H rights shares available.

Vale starts trading shares on the HKSE

Round the clock operation on HKSE targeted to boost Vale’s expansion of its business presence in Asia.

Martin Wheatley to quit Securities and Futures Commission

Wheatley has been cited for his zealous efforts in building up Hong Kong's strong regulatory structure amid global financial crisis.

Hong Kong government maintains MTRC’s 76.8% shareholding

The government wants hands-on treatment on providing railway services and expanding transport infrastructure in Hong Kong.

Hong Kong Stock Exchange dominates global IPO markets

The HKEx has raised in the first 11 months of 2010 US$ 61.2 billion in 74 IPOs or 24% of the total global IPO value so far.

Foreign currency reserve assets down by US$1bln in November

Hong Kong is the world's ninth-largest holder of foreign currency with reserve assets amounting to US$266.1bln.

Yardway new shares subscription raises HK$62mln

The move attracts prestigious funds to become shareholders & Beijing Capital (Hong Kong) to increase equity stakes as it strengthens financial position and broadens shareholder base.

Samling appoints Goh York Pooi acting CFO

The previous General Manager (Finance) of the Group was named to replace the late Cheam Dow Toon.