Hong Kong

Hong Kong to add $1bln to support SMEs

Hong Kong to add $1bln to support SMEs

Ties with the Mainland and Taiwan are also strengthened to further bolster small enterprises.

HSBC Global Asset Management appoints Joanna Munro CEO Asia Pacific

The lender banks on Munro's 24-year investment and management experience in grabbing opportunities in the region.

Perception Digital appoints Hong Ming Tao Executive Director

The group tasked Tao to spearhead business development for Android-based mobile devices.

Minmetals Land contracted sales up 290% at HK$1.8bln

The groups average selling price during the first 9 months up 96% to HK$13,252 per sq.m.

Kowloon Tong lot sale earns $1.6bln

The private residential lot has a site area of 2,808 square metres was sold to Panayork Limited.

Mongolian Mining's Hong Kong IPO 9.92 times subscribed

The company's offer price fixed at HK$7.02 per share

Survey reveals high bonus hopes for HK finance professionals

71% expect bonus increase in 2010 and 14% are counting on a 31-50% bonus raise.

HK backs recommendations on regulating Mainland inbound group tours

Suggestions aims to step up crack down on illegal tour guides and unlicensed travel agents.

Survey shows positive outlook for professionalism of financial planners

More than 90% of participating CFPCM professionals say that they have attained required professional competency.

Swire Properties to launch EAST Hotel in Beijing

EAST Hotels' 369 rooms and suites offer urban and park views overseeing INDIGO’s 17-hectare outdoor park.

HSBC unveils financial educational programme for children

Lender educates kids financial literacy through fun e-learning modules, money management guides and piggy bank competition.

Hong Kong's ROE lowest at 7.9%

China and Hong Kong were the only markets where ROE fell in 2009, according to HSBC.

Risk of a double-dip recession remains remote

This is because the huge imported monetary stimulus will continue to boost mainland growth, according to HSBC.

ICBC executive faces bribery charges

HK Anti-Graft Agency claims Derick Chan Po-fui received total of HK$3.3mln from United Win major shareholder.

NTT Com to open Hong Kong premium data center

Tseung Kwan O Data Center to become company’s biggest data center outside of Japan.

September home sales down 41% following government curbs

Home transactions value last month down 26.7% than in September 2009, while volume was 15% lower.

Stock Exchange of Hong Kong lists Midas Holdings

Move to take advantage of company's enhanced corporate profile in China and Hong Kong.