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One culprit is CNOOC losses.

The department store operator is shelling out more than US$387 million for the deal.

The Monetary Base reached $1.0602tn while claims on the private sector amounted to $143.5bn.

Government believes Hong Kong has very good potential to develop into an offshore renminbi business centre.

Yet 59% of the survey respondents believe the number of women in top management positions will increase in the next 5 years.

The company’s revenue contributed from the PRC market in the amount of HK$99.5mn, representing 74.0% of the Group’s revenue for four months.

Hong Kong Resources Holdings Company Limited (“HKRH”) is pleased to announce that 3D-GOLD Jewellery has signed a cooperative agreement with the Bank of Beijing on 6 December 2011 to provide specialised value-added services to VIP customers. Under the arrangement, the Group can capitalise on the Bank’s platform to expand its corporate gift business and penetrate the upper end of the consumption market.

The order shows capacity to grow steadily as the company leverages its advantages of its leading products.

The first Emperor fund & money lending business will become new revenue drivers.

The company signs strategic collaboration deal with Longjiang Forest Industry Group to developa Papua New Guinea forest.

The company’s total LTE equipment orders from new 4G operator exceeds US$5mn.

The store becomes the largest GMS in Kowloon and the new territories.

The department to tap the growing internet & mobile gaming market.

The company collaborates with Guangdong Holdings to invest in and develop commercial property projects to further consolidate leading position in Guangzhou commercial property market.

The company taps large market potential in deepwater oil and gas equipment in the South China Sea.

The company benefits from enlarged contribution from manufacturing business as the company’s turnover rose by 16.2% to HK$2.6bn.