Hong Kong

Chow Tai Fook offers 1.05 billion shares in Hong Kong

The luxury retailer aims to raise HK$22b in the initial public offering.

Chow Tai Fook offers 1.05 billion shares in Hong Kong

The luxury retailer aims to raise HK$22b in the initial public offering.

Food services sector total receipts amount to over $101b

But were operating expenses, goods sold and compensation of employees higher or lower in 2010?

Hoteliers must have been happy in 2010

This as total receipts amounted to over $29 billion last year.

Total receipts in retail trade reach $359.5b

Gross surplus increased to $32.6 billion in 2010.

Urban Renewal Authority awards Central Oasis project to AGC Design

Attainment of the highest score in an assessment has given AGC Design the project.

Kowloon City site set for revamping

The site's project area is 1,622 sqm. which the URA wants to redevelop to provide 180 units of 35 to 65 sqm.

Great Harvest first half profit down to US$1.3mn

Dip in performance prompted the group to pursue conservative growth principle and prudent business strategy to capture market opportunities.

China Rongsheng Heavy Industries delivers its first very large ore carrier

The company's first 380,000 DWT VLOC is equipped with self-built main engines in leading technology.

Warning: Another dip into recession looms

Better chances await Hong Kong IF the US avoids dipping back into recession, China stays on course for a soft landing, and the European debt crisis does not spillover globally.

October total exports and imports soar

Yet compared with the three-month period ending October with the preceding three months the value of total goods exports dropped 0.9%.

Lee & Man Paper first half profit down to HK$647mn

Credit tightening measures, softened domestic consumption and faltering export during the period dampened the demand for containerboard in China.

Kingsoft third quarter profit down 12% to RMB74.9mn

The company in undergoing successful product innovation and business transformation with new management team focusing on long-term strategies.

Cathay Pacific adds Sao Paolo and Rio de Janeiro to its network

The new services will offer the airline passengers ease and more choice when travelling to Brazil.

Developers to accelerate sales

Research shows credit costs are about to rise, so developers better raise cash soon.

HKMA grants license to Bank Morgan Stanley

Addition of the lender ups the restricted-licence banks in Hong Kong to 20.

What you need to know about HK banks’ EU exposure

Can HK banks dispel the risks from European banks’ fundings?

Hong Kong and Mainland extends currency-swap pact

The agreement and its expansion seen to allow more flexibility for the development of renminbi business in Hong Kong.