News
Swipe it! Credit card transactions up 3.4% in 1Q12
Swipe it! Credit card transactions up 3.4% in 1Q12
People continued to spend but at a slower pace compared to 2011 because of the unfavourable economic environment.
Gujarat seeks Hong Kong investments
A business delegation from the western Indian state of Gujarat examined bilateral business opportunities with Hong Kong.
More companies open in Hong Kong
Invest Hong Kong helps 209 companies either expand or set-up their businesses in Hong Kong in the first half of the year.
Renminbi-denominated government bonds to be issued this month
Several foreign central banks could subscribe to renminbi-denominated government bonds, said the Hong Kong government.
Hong Kong opens financial dispute resolution centre
Hong Kong takes another step to preclude massive investor losses from unregulated equities trading.
Hong Kong launches cross-border collateral management service today
Hong Kong boosts its position as a prime offshore renminbi liquidity center.
IPO investors score a victory
In a first for Hong Kong, investors burned in a bungled IPO can get some of their money back.
Hong Kong’s biggest IPO is in the works
China Everbright Bank will IPO in Hong Kong before the year ends.
Short selling now under more government scrutiny
The government now has the means to better monitor short selling.
HKEx to acquire London Metal Exchange; Maybank Kim Eng thinks it is bad news
There would be negative impact on HKEx’s balance sheet, says the analyst.
China boosts Hong Kong’s position as RMB center
China will issue sovereign renminbi bonds in Hong Kong with a total value of RMB23 billion.
Hong Kong targets Indian tourists
Hong Kong is investing HK$12.5 million to entice Indian tourists to visit the city.
AirAsia Philippines to serve Hong Kong
Budget carrier AirAsia Philippines will begin flying to Hong Kong from the Philippines on July 19.
Hong Kong dismisses Yam’s suggestion to review linked exchange rate system
There is no need for the government to change the linked exchange rate system that has served Hong Kong well over the years.
Election process for Hong Kong deputies starts
Those willing to become members of Hong Kong’s electoral council are required to register at the relevant office in Hong Kong between July 10 and 25.
Huadian Fuxin reduces IPO size
State-owned clean energy firm Huadian Fuxin Energy Corporation falls victim to the weak global economy.
Diageo mulling Hong Kong IPO
The British company that owns Johnnie Walker, Smirnoff and Baileys is considering an IPO in Hong Kong.
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