Hong Kong
Hong Kong banks major players in China
Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.
Hong Kong banks major players in China
Hong Kong-based banks now hold over a third of all the profits and assets made by foreign banks in China.
ADB downgrades China’s GDP forecast
An update of ADB’s Asian Development Outlook 2012 lowers PRC’s 2012 forecast to 7.7% from the projected 8.5%.
Hong Kong’s monetary picture stays bleak
Total deposits in Hong Kong’s banking system inched forward by just 1% in August, said the Monetary Authority.
Mainlanders flooding Hong Kong this Golden Week
Mainlanders traveling in groups or singly are expected to increase by about 10% during China's National Day Golden Week holiday that began Sunday.
Hong Kong's first FTA with Europe now in effect
The first free trade agreement between Hong Kong and the European Free Trade Association member states of Iceland, Liechtenstein, Norway and Switzerland came into force yesterday.
Credit Suisse predicts Hong Kong recession in Q3
Credit Suisse Group AG predicts Hong Kong’s growth to fall to 1.4% this year from its previous forecast of 2% on weakening domestic demand.
August visitor arrivals climb 21%
Hong Kong saw a 21% year-on-year rise in visitors in August, reaching 4.9 million, said the Tourism Board.
HK$2 increase in hourly minimum wage coming
The government is to increase Hong Kong’s minimum wage by HK$2 to HK$30 per hour on Labour Day 2013.
Syndicated bank loans in freefall
Syndicated bank loans in Hong Kong plunged 41% in Q3 to HK$10.5 billion from the HK$17.7 billion in Q2.
5 ways to excel in offline marketing
Like many entrepreneurs in town, we all love doing business online as it gives much flexibility for us to handle things between home and business, while also able to reach out to a bigger customer segment when it can go globally through internet.
What you need to know about Hong Kong's banking history
The beginning of banks in Britain
Hong Kong holds on to its talent as financial services struggles
The employment market in Hong Kong financial services is less buoyant than it was 18 months ago; major banks have been making redundancies, and recruitment remains at comparatively low levels. Despite this, Hong Kong financial professionals show few signs of wanting to leave the city.
NWL to build more homes in Hong Kong
Property firm New World Development Company Ltd reported a net profit for fiscal 2012 that was 11% higher than a year ago but below market forecasts.
Mortgage loans jump 29%
More used homes transactions caused Hong Kong’s approved mortgage loans to rise 29% in August from July.
Carlson Tong in line as next SFC Chairman
Carlson Tong Ka-shing is to be appointed the next chairman of the Securities and Futures Commission.
High-end office rents remain soft
Premium office rents fell further in the third quarter with the average rate tumbling 23% from its peak level in 2008.
Taiwan encourages more business deals with Hong Kong
More business exchanges in services between Hong Kong and Taiwan will ultimately serve to boost the economies of both states.
Read Here
Advertise
Sign Up
