News

Cathay Pacific and Dragonair July passengers up 1.6% to 2.52mn

Yet the two airlines cargo and mail load dropped 11% to 140,050 tonnes.

20b yuan quota pledged for investors

The quota pledged by Vice Premier Li Keqiang aims to support Hong Kong companies investing in securities in China.

Second quarter credit card receivables up 3.9% to $87bn

Yet delinquent amount surged to $176mn at end of June from $162 million at end of March.

China Everbright International’s Germany photovoltaic power station starts operation

The group’s first overseas project to commence operation is also Europe’s largest amorphous silicon thin film photovoltaic power station.

Hong Kong needs more accountants and finance professionals

Yet 93% of Hong Kong employers surveyed cannot find skilled finance professionals in the current market.

Hong Kong’s Treasury chief: Asian markets are healthier

For Prof Chan, market fluctuations in the US and Europe were caused by worries of recession and debt-settlement issues.

Asia Pacific second quarter office rental growth down to 0.4%

Industry players eye further slowdown amidst rising interest rates.

Tourist arrivals in Hong Kong surge 14.1% in 1H11

DBS says this is the highest half-yearly figure ever recorded.

Hong Kong’s GDP grows 5.1% in 2Q11

Standard Chartered blames the drag from net exports for the lower-than-expected growth.

We cannot prevent attacks: HKEx

CEO Charles Li said they can try to defend the websites when attacks come but they don’t know who the attackers are and how to prevent them from striking.

Hong Kong’s GDP may have grown 6.3% in 2Q11

With retail sales growth staying above 27% for three consecutive months.

HKExnews website is back online

Trading in HKEx’s securities and derivatives markets continued to operate normally during the interruption.

HKEx sets probe on website disruption

Disruption led to suspension of shares trading on Wednesday afternoon after the prevented public access to its interim results announcement.

Cathay Pacific adds 12 new Boeing aircrafts to fleet

The new airplanes amounting to HK$25.6bn at list price stressed the airline’s commitment to operate a modern and efficient fleet.

RMB15bn sovereign bonds to be issued Aug 17

RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional investors.

Hong Kong’s land sale will continue

Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.