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Toy exports to decline as much as 25%

Toy exports to decline as much as 25%

The forecast is amidst drop in consumer confidence in the European Union and the United States.

China Everbright International’s 2 reusable water projects begin operation

The company achieves breakthrough in the supply of reusable water sector as projects reach daily water supply capacity of 47,000 m3 for industrial use.

CFA Institute launches Investment Career Guide for Asia Pacific

The publication provides an in-depth career and industry insights provided by CFA charterholders.

$100mn development fund open for applications

Fund seeks to enhance the standard of local professional services.

Gross insurance premiums surge 11% in 2010

General insurance business recorded 5.9% increase net premiums to $21.7bn.

China Rongsheng Heavy Industries strikes a shuttle tanker deal

The 75,000 DWT will be used in the energy projects of CNOOC.

Expired index futures contracts to be settled on 30 September

That is if they expired on 29 September and could not be settled due to market closure.

Safety standards for toys and children's products to be updated

The Government has proposed the adoption of the latest safety standards promulgated by the relevant standards institutions for toys and eight types of children's products designated under the Toys and Children's Products Safety Ordinance. Views from the trade and the public are being sought by the government.

Committee to spearhead R&D in Chinese medicines

The Innovation and Technology Commission today announced that the Government will form a new committee to spearhead and promote research and development and testing of Chinese medicines in Hong Kong.

Current climate for Hong Kong banks worse than in 2008, says Nomura

The 2008 global financial crisis was apparently better for Hong Kong banks.

Kingswood Property stops operations

This was due to a sudden fall in real estate transactions.

Financial Secretary accuses Chaoda Chairman of insider trading

Aside from Chaoda Modern Agriculture’s Kwok Ho, CFO Andy Chan and Fidelity Management’s George Stairs were also implicated.

IMAGI and A Motion Artistry enters into a broadcast agreement

“Smart Dodging” and “Happy Happy Bang Bang” TV Series will be Broadcast through Momo TV in Taiwan.

Travel Expert IPO shares 16.66 times subscribed

Offer Price Set at HK$0. 63 Per Share with expected net proceeds of HK$49.5mn.

Lands Department to sell 3 lots via public tender

Sale of Sha Tin lot and two others in Cheung Sha will start on October 28 and close November 25.

Google to invest over $100m for Hong Kong data center

The Internet search company plans to hire up to 20 personnel at data centers to be built in Hong Kong and Taiwan.