More News

MTR Corp buys $179.8m worth of underground trains

The trains are for Hong Kong's West Island and South Island lines.

In the dark: HSBC plans launching “dark pool” platform

The new electronic trading platform will allow investors to trade a large amount of stock without revealing trading volume and identities.

Dimension Data and Hutchison Global Communications join forces in offering cloud services

The pact aims to help Hong Kong enterprises accelerate transition to cloud computing under “onecloud”.

Sino Harbour starts trading shares in the Main Board of SEHK

Share price increased 2.73% over initial offer as it closed at HK$1.13 per share.

China Everbright Bank needs more institutional buyers

The bank so far has gotten commitments for about one third of its Hong Kong share sale.

ICBC eyes more than $31b profit in 2011

This represents a 21 percent growth compared to 2010.

China Shenhua Energy’s commercial coal output up 28.6%

The output for the first half of 2011 was 140 million tones.

LPG prices to go down

Ceiling prices will range from $4.44 to $4.86 per litre in August.

China Guodian Corp unit mulls HK listing

Guodian Technology and Environment Group Co Ltd plans to raise 5 billion yuan.

Oriental Overseas Container Line faces disappointing year

The Orient Overseas (International) Ltd subsidiary suffered from difficult trading conditions in the first half of the year.

Eternite acquires Larry Jewelry in Hong Kong and Singapore

The move allowed the company to rapidly expand into retail jewelry business across Asia to drive growth.

ACE Life unveils ACE Select Top-Up Medical Plan

The plan guarantees renewal till age 100 at affordable premiums with guaranteed conversion right while offering more comprehensive medical coverage for individuals aged between zero and 65.

HK billionaire et al aids funding of UK low-cost housing

Developer Sammy Lee, businessman Peter Fung, and billionaire Cheng Yu-tung’s Chow Tai Fook Enterprises have acquired 61 percent of Pinnacle Regeneration Group, manager of 22,000 homes in the UK.

Invest Hong Kong assists in global expansion of Hunan enterprises

Invest Hong Kong today hosted a seminar in Changsha to encourage local enterprises in Hunan to "Go Global".

Dispute to delay IPO of People's Insurance Company of China

The rift with People's Daily involves shareholdings in China Huawen Investment Holdings.