News
HSBC Insurance appoints new chief for HK operations
HSBC Insurance appoints new chief for HK operations
Effective 25 November 2010, Robert Lang will be joining HSBC’s Executive Committee in Hong Kong.assuming the position of Managing Director for Insurance Businesses in the region.
October mortgage applications up 16%
Yet new loans approved dropped 2.2% to $30.8bln while an increase of $1.8bln was registered in approvals for primary market transactions.
China Gas and OOC to develop LPG market
Cooperation with OOC will enhance Shanghai Zhongyou Energy’s ability to integrate the LPG business aimed to enhance overall corporate value.
October exports soars 13.9% while imports up 14%
Hong Kong posted in this year’s first 10 months a visible trade deficit of $267.1bln, equivalent to 9.6% of the value of goods imports.
HK residents most concerned about personal and financial security issues
Yet almost half of Hong Kong people leave themselves vulnerable to cybercrime by not locking their mobile phones with a password or PIN.
Cathay Pacific adds Honolulu to its network
Latest code-share agreement with Japan Airlines to enable passengers easier travel to Hawaii.
Hullett House joins The Leading Hotels of the World
Five high-class restaurants including St. George with Michelin-star chef Philippe Orrico, Loong Toh Yuen, the Stables Grill, Mariner's Rest and The Parlour teamed up to cater for Hullett House's customers.
Hong Kong unveils tourist protection plans
The proposals include requiring Mainland travel agents organising tours and receiving travel agents in Hong Kong sign contracts clarifying the rights and responsibilities of each party.
Dragonair flights to Busan remain normal amidst tension in Korean peninsula
The carrier continues to monitor the situation in Korea, as passengers are advised to check the latest flight information on its website
Hang Seng China unveils HK$595.8mln Shanghai headquarters
Hang Seng Bank to continue exploring opportunities for growth on the Mainland and provide high-quality financial products and services to Mainland customers.
Shangri-La Hotels and Resorts opens Shangri-La Hotel Paris
The group’s first property in Europe blends Asian hospitality with French art de vivre starting 17 December.
Overall consumer prices up 2.6%
The rate of increase in October was mainly due to higher increases in private housing rentals and the prices of food.
Central government to issue RMB8bln sovereign bonds
The issuance is expected to further develop offshore renminbi business by enlarging the scale of the renminbi bond market in Hong Kong.
95% of Hong Kong’s private buildings now insured
New building management regulation requires all owners' corporations to procure and keep in force third-party insurance.
Hong Kong boosts UK business growth in China
HK's robust financial regulatory regime enhances its attractiveness as an international financial centre, especially as an offshore renminbi centre.
SME loan guarantee scheme to end
The scheme to cease effect this yearend, as the lending environment has improved.
HSBC inaugurates new Internet banking security device
The lender’s new security device offers added level of security and protection for online customers.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong
Hong Kong universities drive market shift: strategic acquisitions for student housing
Innovation at a Crossroads: Hong Kong's Needed Tech Transformation