Hong Kong

Gayety to list on GEM Board of HKEX

Gayety to list on GEM Board of HKEX

Targets to raise up to HK$80mn as it places 80mn shares at between HK$0.60 and HK$1.00 per share.

Hong Kong retail sales up 27.8% to $33.1bn

Residents’ improving income and vibrant inbound tourism are expected to further boost retail business.

NEC and Lenovo launch JV

NEC Lenovo Japan to deliver enhanced innovations, support and customer services as strategic alliance delivers synergy, scale and global reach.

Market volatility no effect on Hong Kong capital markets’ strength

More overseas companies seen to list in Hong Kong in the second half as new IPOs may reach up to HK$380bn in value in 2011.

HK to establish Economic, Trade and Cultural Office in Taiwan

Hong Kong plans to establish an Economic, Trade and Cultural Office in Taiwan within the year to further promote long-term cooperation and exchanges.

Town Planning Board to deter "destroy first, build later" activities

The Town Planning Board announced approaches to deter "destroy first, build later" activities.

Singapore's Firma eyes Hong Kong medical market

Firma Medical Aesthetics Group opened its first clinic in Hong Kong in a 5,200 square space on Duddell Street in Central.

Food waste recycling efforts get funding

Housing estates are encouraged to partner with NGOs for education and promotion programmes to raise residents' awareness of food waste reduction and engage their active participation in food waste recycling.

Banks up salaries to retain staff

Salary bills have jumped by up to 25% to keep employees from joining competitors.

Singapore’s Ascendas eyes REIT listing in HK

It would be the second yuan-denominated IPO outside the mainland.

Hypermarket operator targets $1bln in HK IPO

Sun Art Retail Group also plans to add 51 new hypermarkets in the mainland within the next two years.

China Development Bank plans second yuan-denominated bond issue in HK

Market sources say this could happen as early as this quarter.

Patient Satisfaction Survey report endorsed by HA

The Hospital Authoritydiscussed and endorsed the first HA-wide Patient Satisfaction Survey report.

Organic watermelon festival held at Tuen Mun Farmers' Market

A Local Organic Watermelon Festival has been held at Tuen Mun Farmers' Market.

China Rongsheng Heavy Industries inks 3 European shipbuilding deals

The US$400mn deals raised amount of the Group’s new orders in the 1H2011 to more than US$1.3bn.

China and Hong Kong to closley cooperate in hydrographics

The China Maritime Safety Administration and the Hong Kong Marine Department held a friendly meeting in Guangzhou on June 21 and 22 to forge close co-operation in hydrographic matters between the two sides.

HAD to adopt new initiatives in building management

The Home Affairs Department is adopting a multi-pronged approach in its efforts to enhance building management and raise public awareness of building management and safety.