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Citic Securities eyes $1.7b in Hong Kong share offering
Citic Securities eyes $1.7b in Hong Kong share offering
It would be the biggest since that of Prada. This is despite the deal being reportedly priced at the bottom of a revised range.
ACE Life Hong Kong conducts debut career presentation seminar
Insightful insurance industry analysis and sharing from renowned speakers help job seekers identify options for career development.
Xinyi Glass releases initial results of scrip dividend scheme
The value of the scrip shares elected by nine major shareholders amounted to HK$210mn.
August mortgage loans down 27%
But the number of new applications surge by 5% to 9,682.
Buildings Dept. approves 27 building plans in August
In addition, the department released 8 occupation permits on Hong Kong Island, 5 in Kowloon and 12 in the New Territories.
August visitor arrivals soars 17.7%
Visitors from China and Southeast Asia made largest contribution to total 4,065,761 foreign tourists.
China Everbright International’s Dangshan Biomass Power Generation Project begins operation
The Project is expected to process 300,000 tonnes of biomass annually and generate 200mn kWh of green electricity.
AV Concept steps up promotion of SOUL by Ludacris® to new markets
The company brings new line of quality personal audio products to China and South Korea markets.
Financial Secretary holds meeting with Federal Reserve Board Chairman
Mr John Tsang also met with Moody's and Standard & Poor's in the US to discuss Hong Kong's economic and financial fundamentals.
XCMG Construction Machinery aborts Hong Kong share sale
This as underwriters backed out of commitments to buy any unsold stock.
Monetary Authority suspends 2 traders
So Yiu-wing and Ng Chun-mi has been found to have intentionally circumvented Fubon Bank’s internal procedures to cover their mistakes in April 2007.
ACE Life transfers Asia Pacific office to Hong Kong
The company to tap the benefits it will receive in relocating regional office to one of Asia’s leading financial services hub.
Business leaders in the region meet in Hong Kong on global economic recovery
Outcomes of the discussions by CEO’s of companies in 7 countries will form a basis for business views being brought to the G20 Summit in November.
Yuan falls 0.9% in Hong Kong
The currency traded in the city at record discount to the onshore exchange rate.
LPG prices to go down in October
Prices will drop 11 to 12 cents a litre.
ACE Life Hong Kong launches ‘Y-5’ campaign and other enhanced services
The insurer introduced special premium promotion for the first 3 years for designated plans while enhancing its underwriting and claims services.
PwC Hong Kong boosts asset management team
Developments in Asia’s fund management industry and offshore CNY market to fuel growth.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong