Hong Kong

LEE KEE first half profit up 157% HK$26mn

The company continues to fortify all areas of operation to ensure further development in the future amidst volatility in the global economy.

LEE KEE first half profit up 157% HK$26mn

The company continues to fortify all areas of operation to ensure further development in the future amidst volatility in the global economy.

Telefield first half profit down slightly to HK$27mn

Yet revenue climbed 21.8% to HK$598.4mn with new products in the pipeline to drive future growth.

SIM Technology posts HK$18.7mn loss

The company is committed to transitioning to high value Added ODM for future sustainable growth in second half.

Sinotrans first half profit up 14.6% to RMB438.2mn

The group seizes opportunities and expedites development to build a top-notch integrated logistics platform.

China SCE in the red with RMB103mn loss

But the group’s seven month contract sales income surged 116% to RMB3.22bn.

Tang Palace first half profit up 2.6% to RMB24mn

Strategic expansion of restaurant network boosted revenue by 35% to RMB369.3mn and drives future growth.

American Express and Groupon Hong Kong join forces

Collaboration between companies in Hong Kong enables new ways for consumers to take advantage of rewards points.

Salaries of Hong Kong CEOs grew 19% in 2010

The real estate sector paid Hong Kong executives the most, with total cash compensation amounting to RMB 7.3m.

“Stay calm”: Professor KC Chan

The Secretary for Financial Services & the Treasury said this amidst the European debt crisis and a seemingly looming recession in the US.

Scheme $6,000 forms now available for download

Registration forms can also be obtained from more than 1,100 branches of the 21 participating banks.

Tender for South Bay Road site to open 23 September

The private residential lot has a site area of 1,338 square metres.

Jobs galore: Total employment up by 15,200

The figure for May-July was a record high of 3.6 million.

Hong Kong’s private residential rents shoot to 14-year high

Private residential rents averaged HK$20.1/sqft in June, the highest recorded since September 1997.

The jobs are plenty but few are qualified: 93% of HK employers struggling to fill vacancies in finance

Although 30% of companies intend to increase their full-time staff in 2H11, finding skilled professionals remains a challenge.

Hong Kong’s real estate investment volumes drop 6.6% to US$ 2.4b

With retail investments accounting for 54% of all transactions.

Hong Kong becomes the lender for Chinese firms

This is amidst the central government’s attempt to lower the inflation rate.