News
Hong Kong’s Treasury chief: Asian markets are healthier
Hong Kong’s Treasury chief: Asian markets are healthier
For Prof Chan, market fluctuations in the US and Europe were caused by worries of recession and debt-settlement issues.
Asia Pacific second quarter office rental growth down to 0.4%
Industry players eye further slowdown amidst rising interest rates.
Tourist arrivals in Hong Kong surge 14.1% in 1H11
DBS says this is the highest half-yearly figure ever recorded.
Hong Kong’s GDP grows 5.1% in 2Q11
Standard Chartered blames the drag from net exports for the lower-than-expected growth.
We cannot prevent attacks: HKEx
CEO Charles Li said they can try to defend the websites when attacks come but they don’t know who the attackers are and how to prevent them from striking.
Hong Kong’s GDP may have grown 6.3% in 2Q11
With retail sales growth staying above 27% for three consecutive months.
HKExnews website is back online
Trading in HKEx’s securities and derivatives markets continued to operate normally during the interruption.
HKEx sets probe on website disruption
Disruption led to suspension of shares trading on Wednesday afternoon after the prevented public access to its interim results announcement.
Cathay Pacific adds 12 new Boeing aircrafts to fleet
The new airplanes amounting to HK$25.6bn at list price stressed the airline’s commitment to operate a modern and efficient fleet.
RMB15bn sovereign bonds to be issued Aug 17
RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional investors.
Hong Kong’s land sale will continue
Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.
Hong Kong forex reserves surged by US$1.6bn in July
The total foreign currency reserve assets at the end of the month amounted to US$279bn.
Currency peg with the US dollar stays put
Hong Kong does not intend to make changes even with US’ recent credit rating.
Knight Capital to close its Hong Kong office
The electronic trader will also lay off 6% of its global workforce.
Hang Seng Index adds 2 new indexes to its Corporate Sustainability Index series
Hang Seng Index also granted licence to Hang Seng Investment Management to launch new fund to track the Hang Seng Corporate Sustainability Index.
Hong Kong is the most expensive office location in Asia Pac
As office rents rose 3.9% qoq to US$122.03 per sq ft per year in 2Q11.
Hong Kong keen on China’s RMB20bn sovereign bond issue
The Mainland’s third bond issuance seen as support for Hong Kong's development as an offshore renminbi business centre.
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans