Hong Kong

Groups propose scripless securities market in Hong Kong

Groups propose scripless securities market in Hong Kong

Paperless option to become effective following necessary legislative changes and when the market is ready.

NAR starts trial production at Khar Yamaat Alluvial gold mines

Approximately 1,200 grams of raw alluvial gold recovered in Mongolia expected to generate cash flow.

Cathay Pacific to purchase six more Boeing 777-300ERs

HK$12.5bln deal to enhance operations on long-haul routes with high-efficiency aircrafts capable of reducing environmental impact.

MicroPort raises HK$1.5bln in Hong Kong IPO

Proceeds will be used to develop new products, acquire businesses and expand company’s production facilities.

HSBC to divest Asian wholesale banknotes business

UOB to acquire US$15mln operations that has 120 full-time employees located in major Northeast Asia cities.

Second quarter service activity output up 6.3%

Net output for construction sector up 16.3% behind surge in public-sector works.

Hong Kong's air pollution reaches record high

70% of Hong Kong respondents in an April Gallup survey showed dissatisaction with their air quality.

Cathay Pacific and Japan Airlines to expand code-share arrangements

Move to give passengers more flexibility and choice when travelling between Hong Kong and Japan.

NAR completes initial blasting of the Mongolia mine

Approximately 20,000 tonnes of iron ore in Oyut Ovoo readied for immediate trial production.

Minmetals Land and Vanke Beijing to acquire RMB336mln lot

280,000 sq. m. land in Xianghe to be developed modern eco-community to accelerate city’s urbanization.

Lippo Investments Management Hong Kong office opens

LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.

Banks fall short on customer loyalty in Hong Kong and Asia Pacific

Customers feel unappreciated, unrecognized and under rewarded by their banks.

Hong Kong GDP grows 5.9% to $413.5bln

China remains largest external factor income inflow source at 43.8% as GNP $17.6bln larger than GDP.

Dragonair launches new service to Shanghai's Hongqiao Airport

16 daily flights between Pudong and Hong Kong further strengthen trade and economic ties between cities.

HKRH’s subsidiary invests RMB18mln in China operations headquarters

Collaborates with World Gold Council to launch the “Only Gold” product series in China.

Crown hires Richard Marriott Immigration Quality and Compliance Manager

Company seeks to take advantage of Marriott's immigration compliance experience in Australia.

HKMC to launch premium loan guarantee scheme

Scheme will guarantee to banks of up to 70% combined loan-to-value threshold of the premium loan.