News

Hong Kong does not intend to make changes even with US’ recent credit rating.

The electronic trader will also lay off 6% of its global workforce.

Hang Seng Index also granted licence to Hang Seng Investment Management to launch new fund to track the Hang Seng Corporate Sustainability Index.

As office rents rose 3.9% qoq to US$122.03 per sq ft per year in 2Q11.

The Mainland’s third bond issuance seen as support for Hong Kong's development as an offshore renminbi business centre.

As new orders show resumption in growth.

And Hong Kong delivered delivered profits of US$3.1 billion, up 7%.

'MICE' arrivals up 10% to 725,779, 43% of which were arrivals from China.

Hong Kong became among the six flag administrations added this year to the Qualship 21 programme.

Investors are also starting to pay more attention to industrial premises as revitalisation of industrial buildings policy brings renewed demand for industrial premises.

The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.

Thanks to Chinese tourists and maybe ‘Apple’?

This is the lowest increase though since 2009.

Prices grew strongly by 7.3% qoq in 2Q11.

Rental growth is expected to slow down in the second half as the office supply market of the site becomes more competitive.

Hong Kong also eyes further development of the Tung Chung New Town, and implementing new development areas in the northern New Territories.