Hong Kong
October exports soars 13.9% while imports up 14%
October exports soars 13.9% while imports up 14%
Hong Kong posted in this year’s first 10 months a visible trade deficit of $267.1bln, equivalent to 9.6% of the value of goods imports.
Fitch upgrades Hong Kong's rating to AA+
Fitch's decision deemed as acknowledgement of Hong Kong's economic strength and its success in weathering international financial crisis.
Mingfa proposes issuance of HK$1.94bln convertible bonds and warrants to Warburg Pincus
Mingfa believes that collaboration with Warburg Pincus is a huge endorsement of its business vision to increase its for land acquisition and strengthens shareholder base.
OP Financial incurs loss of HK$137.05mln
The investment company still optimistic that the first half of the financial year was a period for sowing seeds aimed at future growth.
HK residents most concerned about personal and financial security issues
Yet almost half of Hong Kong people leave themselves vulnerable to cybercrime by not locking their mobile phones with a password or PIN.
Cathay Pacific adds Honolulu to its network
Latest code-share agreement with Japan Airlines to enable passengers easier travel to Hawaii.
Hullett House joins The Leading Hotels of the World
Five high-class restaurants including St. George with Michelin-star chef Philippe Orrico, Loong Toh Yuen, the Stables Grill, Mariner's Rest and The Parlour teamed up to cater for Hullett House's customers.
Hong Kong unveils tourist protection plans
The proposals include requiring Mainland travel agents organising tours and receiving travel agents in Hong Kong sign contracts clarifying the rights and responsibilities of each party.
Dragonair flights to Busan remain normal amidst tension in Korean peninsula
The carrier continues to monitor the situation in Korea, as passengers are advised to check the latest flight information on its website
Yardway proposes to set up JV to promote wastewater treatment
The JV with Beijing Capital (HK) aims to meet the market demand for urban and rural sewage treatment.
Comba secures TD Smart Antennas orders from China Mobile
3G buildout involves more than 100,000 TD-SCDMA base stations, and at least 200,000 sets of TD smart antennas in two categories supporting A-band and F-band.
Hang Seng China unveils HK$595.8mln Shanghai headquarters
Hang Seng Bank to continue exploring opportunities for growth on the Mainland and provide high-quality financial products and services to Mainland customers.
Shangri-La Hotels and Resorts opens Shangri-La Hotel Paris
The group’s first property in Europe blends Asian hospitality with French art de vivre starting 17 December.
Overall consumer prices up 2.6%
The rate of increase in October was mainly due to higher increases in private housing rentals and the prices of food.
Central government to issue RMB8bln sovereign bonds
The issuance is expected to further develop offshore renminbi business by enlarging the scale of the renminbi bond market in Hong Kong.
Jeju Air operates extra HK-Seoul flights in December
The airline will operate extra flights on Monday and Saturday during the period of 11 – 27 December 2010.
Z-Obee launches proposed Taiwan Depository Receipts listing
The company offers 80mln units of TDR at between NT$10 and NT$12 per unit to raise gross proceeds of up to NT$960mln.
Commentary
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