News
Chinese businesses targeting Hong Kong and Taiwan expansion
Expansion of cross-border RMB trade settlement and improved China-Taiwan relationship have resulted to huge opportunities and challenges.
Chinese businesses targeting Hong Kong and Taiwan expansion
Expansion of cross-border RMB trade settlement and improved China-Taiwan relationship have resulted to huge opportunities and challenges.
Mobile phone operators move to prevent 'bill shock'
65% of 535 complaints received by government are billing disputes with bill shocks as key contributor.
Cathay Pacific and Dragonair combined passenger volume up 19.5%
Airline to cater growing demand to and from Hong Kong on both long-haul and regional routes.
CLP promotes low-carbon living among youth
Ten shortlisted teams of secondary students presented their achievements of promoting low carbon living for CLP’s “Young Power Award”.
ICBC to pay $10.8bln to take Hong Kong unit private
Move can bring more flexibility to tap its resources as the business continues to develop.
OOCL, Evergreen, Simatech Shipping to launch new liner service
Five 2,700 TEU ships to travel on Southeast Asia-India-Middle East route in a 35-day voyage.
China Wireless profit up 740.4% to HK$270mln
While operating profit and shipment for first half skyrocket, gross profit margin dropped 4.5 percentage points.
Swire Pacific profit soars to $14bln
Group confident that investments in its core businesses during economic downturn instrumental weathering future economic uncertainties.
Hang Seng sees 30% yuan deposit growth
Lender has raised its loans-to-deposit ratio to 58% behind 1.77% first half net interest margin.
Hong Kong Resources issues $216mln convertible bonds
Move aims to strengthen capital base and accelerate retail businesses expansion in the Greater China region.
Finance professionals' optimism reflects positive market outlook
Only 23% of Hong Kong finance professionals consider company’s policy and values on ethical issues when changing jobs.
Home prices to rise by 15% amidst shortages
City’s growing job market and increasing wealth help drive real estate demand while supply rises slowly.
Wynn Macau posts $714.4 million net revenues in the second quarter
Compared to only $410.4 million in the second quarter of 2009, Wynn Macau's net revenues jumped with the opening of Encore driving growth in the VIP segment.
Commissioner Woo urges Octopus to improve privacy protection
The company should not collect and disclose excessive personal data, said Privacy Commissioner for Personal Data Roderick Woo.
Tolls at Western Harbour Crossing rise
Western Harbour Tunnel Company Limited is adjusting the level of its tolls as it faces increased operating costs and needs to raise sufficient cash flow to repay debts.
ASM Pacific to snap Siemens AG's assembly systems business
ASM, a semiconductor assembly and packaging equipment supplier, aims to explore opportunities in the SMT equipment business.
Exports and imports soar to 26.7% and 31% in June
But government said the level of uncertainty in the external trading environment remains high due to the measures implemented by some European economies.
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Commentary
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