News
SEHK lists Telefield on Main Board
Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.
SEHK lists Telefield on Main Board
Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.
Registered companies up 28% in 2010
A record high of 139,530 local companies registered with the Companies Registry last year.
Renminbi trade in Hong Kong thrives rapidly
Cross-border trade payment from the China to Hong Kong amounted to RMB180bln while payments from Hong Kong to China reached RMB50bln.
Swire Pacific and Campbell Soup Company form JV in China
JV designed to accelerate growth of commercial soup market in the Mainland.
Hong Kong ranks first place in the Index of Economic Freedom
Hong Kong remains the world's most free economy for the 17th consecutive year, according to Heritage Foundation.
1,093 Operation Building Bright applications approved by Housing Society
The Housing Society and Urban Renewal Authority have approved applications for Operation Building Bright grants, from 643 and 450 target buildngs.
Bank of East Asia inaugurates i-Financial Centres
The Centres offer banking transactions via video call and stock trading functions and other services.
Asians more financially literate than Europeans and Americans
The survey reveals the more people are financially literate, the more they experience feelings of happiness while the less literate tend to have feelings of fear.
89% of Hong Kong residents to switch to digital TV
A survey last September found 61% of Hong Kong families or 1.4 million TV households now receive digital terrestrial television services.
Manufacturing sector seen to slow down in 2011
Manufacturing is likely to slow to a single digit as easy cyclical gains from the inventory cycle fade, UBS said.
Hong Kong exports to decelerate in 2011
Hong Kong export-to-GDP came in at around 20% in 2010 but UBS said this increase is temporary.
Hong Kong tourism showed strong rebound in 2010
Hong Kong welcomed 36.03 milliom arrivals in 2010, up 21.8% over 2009.
Hong Kong ranks 8th largest foreign currency holder
Hong Kong's official foreign currency reserve assets amounted to US$268.7 billion in December 2010.
HK issues 6 pre-sale consents
19 applications for pre-sale consent for uncompleted residential units and three applications for uncompleted commercial developments were being processed as of December.
Shangri-La to open new hotel Colombo, Sri Lanka
“Pearl of the Indian Ocean” is a testimony of the Sri Lanka’s economic boom since its president ended domestic conflict.
Hong Kong Resources Holdings sales up 29% to HK$537mln
Sales in Hong Kong and Macau markets up 56% during the said period, while sales in China increased 25%.
Economy strengthens with PMI at highest in 8 months
The private sector was fed by new orders which rose to an impressive 58.7 and headline PMI which jumped to 55.0.
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Commentary
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