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Chow Tai Fook offers 1.05 billion shares in Hong Kong
Chow Tai Fook offers 1.05 billion shares in Hong Kong
The luxury retailer aims to raise HK$22b in the initial public offering.
Urban Renewal Authority awards Central Oasis project to AGC Design
Attainment of the highest score in an assessment has given AGC Design the project.
Kowloon City site set for revamping
The site's project area is 1,622 sqm. which the URA wants to redevelop to provide 180 units of 35 to 65 sqm.
Great Harvest first half profit down to US$1.3mn
Dip in performance prompted the group to pursue conservative growth principle and prudent business strategy to capture market opportunities.
China Rongsheng Heavy Industries delivers its first very large ore carrier
The company's first 380,000 DWT VLOC is equipped with self-built main engines in leading technology.
Lee & Man Paper first half profit down to HK$647mn
Credit tightening measures, softened domestic consumption and faltering export during the period dampened the demand for containerboard in China.
Kingsoft third quarter profit down 12% to RMB74.9mn
The company in undergoing successful product innovation and business transformation with new management team focusing on long-term strategies.
Pteris Global's baggage handling system for Canadian airport off to a good start
Winnipeg James Armstrong Richardson International Airport one of the first in the country to streamline the baggage drop-off process.
Cathay Pacific adds Sao Paolo and Rio de Janeiro to its network
The new services will offer the airline passengers ease and more choice when travelling to Brazil.
HKMA grants license to Bank Morgan Stanley
Addition of the lender ups the restricted-licence banks in Hong Kong to 20.
Cathay Pacific expands code-share agreement with Japan Airlines
The move to add more Japan destinations.
Zhangzhou Mingfa Shopping Mall posts robust sales
The mall was able to attract renowned brands and promote local economic development.
Dream International resumes purchase order delivery for Brazilian customer
The customer will initially pay US$4mn to the Group in February 2012 as first installment of payment.
Sino Biopharmaceutical nine months profit up 31.8% to HK$451.36mn
The company believes the sales income of the pharmaceutical industry to increase with the slowing inflation and easing of policy restrictions.
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Government seizes almost $7m worth of smuggled goods
Two river trade vessels destined for Thailand and Kenya just got busted.
Shoreline stabilisation works to be made at Butterfly Beach
The Government made a proposal to construct an approximately 13-metre-wide and 90-metre-long rock revetment at the eastern end of Butterfly Beach, Tuen Mun, to protect beach facilities.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong