News
Insurance commissioner helps restore faith in sector
Insurance commissioner helps restore faith in sector
Industry seen to rebound by responding well to government's measures in regaining consumer confidence.
UC Rusal intends to acquire NORINCO sales subsidiary's stake
Company teamed up with NORINCO for increasing volume of high-tech aluminium production sales in China.
Yip’s Chemical launches revamped website
Further enhances corporate transparency by enhancing regularly updated content of new website.
AIA's $15bln HK IPO receives in-principle approval
AIG is selling assets to help repay $182.3bln government bailout.
Highways Department signs two $6.65bln bypass works contracts
Contracts awarded to China State Construction Engineering and Leighton Contractors for Central-Wan Chai Bypass project.
Cathay Pacific to purchase six more Boeing 777-300ERs
HK$12.5bln deal to enhance operations on long-haul routes with high-efficiency aircrafts capable of reducing environmental impact.
HSBC to divest Asian wholesale banknotes business
UOB to acquire US$15mln operations that has 120 full-time employees located in major Northeast Asia cities.
Hong Kong's air pollution reaches record high
70% of Hong Kong respondents in an April Gallup survey showed dissatisaction with their air quality.
Minmetals Land and Vanke Beijing to acquire RMB336mln lot
280,000 sq. m. land in Xianghe to be developed modern eco-community to accelerate city’s urbanization.
Lippo Investments Management Hong Kong office opens
LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.
Dragonair launches new service to Shanghai's Hongqiao Airport
16 daily flights between Pudong and Hong Kong further strengthen trade and economic ties between cities.
Hong Kong RTGS incorporates real-time features to SwiftNet
Move enhances lenders' interoperability by using uniform standard to process domestic and international payment.
Construction work gross value up 7% to $28bln
Residential projects have largest share with $6.4bln in second quarter but down 3.8% in nominal terms.
Combined Cathay Pacific and Dragonair August passengers up 9.7%
August cargo traffic not quite as strong as the previous month in terms of volume.
Vodafone divests China Mobile stake for $6.5bln
Sold 642.9 million shares for HK$79.20 after its value doubled and deemed minority holdings insignificant.
Hong Kong companies up to 1.5mln
Electronic incorporation and one-stop service for company incorporation and business registration to lessen registration time.
Ede Road lot up for auction
The 2,808 square metre lot at 3 & 5 Ede Road in Kowloon Tong will be auctioned for a minimum guaranteed bid of $1.053 billion.
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Commentary
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