Hong Kong

Hong Kong SMEs to invest in the next 6 months

Hong Kong SMEs to invest in the next 6 months

1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.

3 airlines to slash fuel surcharges

Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.

China Agri-Industries offering stocks and bonds worth HK$3.89bln

The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.

Brazilian companies plan Hong Kong Listing

Hong Kong Exchange 2-year plan includes attracting new international listings in metals, mining and energy industries.

HSBC enables RMB payment for Wealthsave Protection Plan

Product extended to corporate customers as option to settle premiums in RMB or HKD.

Hong Kong's goods export volume up 19.2%

Prices of total goods exports increased 4.1%, while prices of goods imports rose 6.8%.

Hong Kong unemployment stays at 4.6%

Figures show that companies remained active in recruitment that absorbs the concurrent increase in labour supply.

Mei Ah returns to profit at HK$52mln

Television arm's revenue increased to approximately HK$104.1mln, representing 68% of the Group’s turnover.

Hong Kong and Shanghai collaboration may foster mutual benefit

Top HK official optimistic that working out 'one country, two systems policy' will improve both cities.

Hong Kong legislation passes minimum wage bill

Fate of labor groups' HK$33 per hour floor proposal depends on Chief Executive Donald Tsang's decision.

Centron Telecom secures HK$335mln loan facility

Six lenders provide 3-yr term loan for company's H2 2010 expansion and to step up operations.

Hong Kong to showcase at MIPIM Asia 2010

Urban development and heritage conservation highlights city's capability to host Meetings, Incentive travel, Conventions and Exhibitions.

Mongolia Energy Corporation incurs loss at $317mln

Company was able to get unrealized fair value gain of HK$62.7mln and realized gain of HK$10.1mln.

Bauhaus profit up 2.3 percentage points to 10.5%

Plans to open retail stores in cities within two hours distance of Beijing, Shanghai and Guangzhou

Minmetals Land buys 396,000sqm residential land

The HK$410mln acquisition will raise the Company’s land bank to approximately 3.2mln sqm.

OOIL joins Hang Seng Corporate Sustainability Index

Inclusion among 30 constituents shows commitment to corporate sustainability and fulfillment in environmental and community responsibilities.

Government approves Cathay Pacific flights to Hongqiao airport

HKSAR government's clearance to allow airline to land in the Shanghai airport enhances accessibility between cities.