Hong Kong
Consultation respondents demand statutory regime on MPF products
The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.
Consultation respondents demand statutory regime on MPF products
The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.
Hong Kong's retail sales surge to 21% in two months
Thanks to Chinese tourists and maybe ‘Apple’?
Swire Pacific sells Festival Walk shopping center to Singapore firm
The HK$18.8b sale is the biggest ever for Swire Pacific.
Hengdeli Holdings chairman uses 500m shares as collateral
The luxury watch retailer said its chairman did it to obtain a $100 million loan from Swatch Group for private investment.
Wing Hing to acquire majority stake in South African gold miner
It plans to invest up to $581m for the stake acquisition.
Yuan deposits in Hong Kong up 0.9%
This is the lowest increase though since 2009.
BNP Paribas joins Federation of Share Registrars
European-based clients looking for a share registry solution in HK now have another option.
GDP forecast revised
Economists at HSBC raised it from 5.5 to 6.4 for 2011.
HK luxury properties bought mostly by Mainlanders
Mainland Chinese buyers accounted for 40% of firsthand purchases of luxury property in the city during the first half of the year.
Da Feng Port to raise up to HK$3b in IPO
The plan for the initial public offering in Hong Kong was confirmed by chairman Ni Xiangrong.
ING Bank to set up department in Greater China region
It aims to improve cross-border commercial banking services.
Weichai Power to issue yuan-denominated bonds
The total worth is $217.3m.
Hong Kong’s luxury residential price growth shoots to 28%
Prices grew strongly by 7.3% qoq in 2Q11.
MobileFOXX’s to provide enhanced mobile services for Bank CIMB Niaga
Platform enables the lender’s existing credit card customers to search and redeem special offers.
Kowloon East Grade A office rentals’ moderate growth seen
Rental growth is expected to slow down in the second half as the office supply market of the site becomes more competitive.
Hong Kong 3rd in foreign direct investment flows worldwide rankings
Hong Kong ranked highest in Asia in of foreign direct investment stock last year, enjoying a 30% share, or a little over US$1tn.
Threadneedle appoints June Wong as CEO Hong Kong
Ms. Wong will spearhead the institutional business in the region along with Jon Allen, Head of Institutional, South East Asia.
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