News

Wage rate to be tabled on November

Government to research on standard working hours that should balance the overall business environment and people's life quality.

Hong Kong top location in Asia for listings

International companies seeking a listing are after improved valuation in the currently buoyant Hong Kong market.

Government housing policy measures not enough – CBRE

The real-estate services firm said the measures pledged in Hong Kong Chief Executive’s Policy Statement are unlikely to provide an instant remedy to Hong Kong’s steadily escalating housing fever.

Hong Kong strikes technology deal with Alberta

Five-year agreement will enable both governments to explore feasibility of scientific and technological co-operation.

HKMA grants banking licence to Bank Julius Baer

The lender has maintained local representative office in 2006 before securing licence 13 October.

OOCL offers bi-weekly sailings for Far East - Europe services

The liner and other Grand Alliance members adjust their operations to comply with seasonal demand.

Minmetals Land contracted sales up 290% at HK$1.8bln

The groups average selling price during the first 9 months up 96% to HK$13,252 per sq.m.

Mongolian Mining's Hong Kong IPO 9.92 times subscribed

The company's offer price fixed at HK$7.02 per share

Survey reveals high bonus hopes for HK finance professionals

71% expect bonus increase in 2010 and 14% are counting on a 31-50% bonus raise.

Swire Properties to launch EAST Hotel in Beijing

EAST Hotels' 369 rooms and suites offer urban and park views overseeing INDIGO’s 17-hectare outdoor park.

HSBC unveils financial educational programme for children

Lender educates kids financial literacy through fun e-learning modules, money management guides and piggy bank competition.

ICBC executive faces bribery charges

HK Anti-Graft Agency claims Derick Chan Po-fui received total of HK$3.3mln from United Win major shareholder.

NTT Com to open Hong Kong premium data center

Tseung Kwan O Data Center to become company’s biggest data center outside of Japan.

Stock Exchange of Hong Kong lists Midas Holdings

Move to take advantage of company's enhanced corporate profile in China and Hong Kong.

Mongolian Mining earns $650mln in HK IPO

Sources say company's shares priced at HK$7.02 each and valued at 12.6 times estimated 2011 earnings.

Exchange Fund total assets surges by $43bln

Foreign currency assets grew $24.2bln behind gains on foreign currency investments.