Hong Kong

HCKG’s acquisition of another 10.21 per cent of Towngas China Company has no impact on either company's ratings.

CE Tsang is concerned on the impact of the US’ second round of quantitative easing on Asian economies.

China and the rest of Asia Pacific’s shipping demand was seen as primary driver of global shipping growth.

External trade contributes to Hong Kong’s GDP behind domestic demand and further expansion in intra-regional production activity in the Asian markets.

Revived customer demand to pre-crisis levels boost the company’s revenue to HK$914mln.

The acceleration in bank lending in Hong Kong has been especially noticeable, according to HSBC.

The highest export volume to Japan grew 22.9%, the highest, followed by Taiwan, 19%; and to China, 18.4%.

Financial Services & the Treasury Department issued tax assessments for the remaining 1,650 taxable cases, including $410mln in profits tax.

Statutory minimum wage will protect grassroots workers and ensure their pay is commensurate with hours worked.

Moody's has upgraded the government bond ratings of the Hong Kong Special Administrative Region to Aa1 from Aa2 and raised the foreign currency bank deposit ceiling to Aa1.

Shopping online for more than 3 hours this holiday season expected to pose security risks to companies.

The platform offers wide range of bonds and CDs with subscription amount as low as HK$50,000.

The company to use proceeds to expand its city gas projects using China’s 2.46tin cubic meters natural gas reserves.

Hong Kong residents receiving dividends from Japan will now pay at least 5% withholding tax for a company holding.

The company’s occupancy rate at reached 98%, with an annualised dividend yield of 6.2%.

Harvest Fund Management and Nikko Asset Management issue H-Shares Index funds in Shenzhen and Tokyo bourses respectively.