Economy
Mainland beats Hong Kong in largest holder of foreign currency reserves
Hong Kong ranked ninth as its currency reserve assets amounted to US$273.2 billion at the end of January 2011.
Mainland beats Hong Kong in largest holder of foreign currency reserves
Hong Kong ranked ninth as its currency reserve assets amounted to US$273.2 billion at the end of January 2011.
Hong Kong PMI jumps to 55.2 in January 2011
The current reading is an improvement from the 55.0 posted in December 2010.
$41.8bln surplus recorded in December 2010
The surplus in December was mainly due to the receipt of $33.8 billion in investment income on fiscal reserves.
HK December Exchange Fund assets down $45.7bn
Decline in foreign currency assets was due to a decrease in unsettled purchases of securities, behind valuation gains on foreign currency investments...
Hong Kong negative equity mortgages drop to 118 cases
December aggregate value of residential mortgage loans in negative equity down by $50 million from value in September.
Hong Kong’s December overall consumer prices up 3.1%
The underlying consumer price inflation averaged at 1.7% for 2010, as expected by government forecasts.
Salaries in HK seen to increase by 3.8%
A survey reveals employees in pharmaceutical & healthcare industry will see the biggest pay increases among all industries.
HK labor market conditions improve at year-end
Solid economic growth in line with ever-expanding opportunities for Hong Kong service exports upon China's increasing globalization would further...
HK total goods exports up 9.8% in November
The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.
Capital-works spending to reach $49.6bln
Capital-works spending is seen to provide 62,500 job opportunities, including 6,600 for professional and technical staff, and 55,900 for workers.
Hong Kong ranks first place in the Index of Economic Freedom
Hong Kong remains the world's most free economy for the 17th consecutive year, according to Heritage Foundation.
Hong Kong ranks 8th largest foreign currency holder
Hong Kong's official foreign currency reserve assets amounted to US$268.7 billion in December 2010.
HK earns $17.2 bln surplus from taxes
Expenditure for the eight-month period amounted to $195.7 billion with revenue of $212.9 billion.
HK and China forge better financial ties
Both parties to further develop the renminbi bond market in Hong Kong and to help Chinese enterprises issue bonds in Hong Kong.
Consumer prices jump 2.9% in November
The increase in consumer prices passed the corresponding 2.6% increase in October, according to Census & Statistics Department figures released...
Hong Kong GDP for 2011 seen at 5.2%
Hong Kong GDP forecast for next year is expected to exceed the consensus of 4.6%.
32% of HK exports to China for outward processing
$377.7bln of Hong Kong's total exports to China were for outward processing, an increase of 26% in the first nine months this year.
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