Hong Kong

We’ll bear all costs: HSBC

The bank will rectify a design problem with the new HK$100 banknotes.

We’ll bear all costs: HSBC

The bank will rectify a design problem with the new HK$100 banknotes.

Residential projects transactions up over the weekend

The record 27 transactions were among the top 10 benchmark residential projects in the secondary property market in Hong Kong.

MTR Corp buys $179.8m worth of underground trains

The trains are for Hong Kong's West Island and South Island lines.

In the dark: HSBC plans launching “dark pool” platform

The new electronic trading platform will allow investors to trade a large amount of stock without revealing trading volume and identities.

Dimension Data and Hutchison Global Communications join forces in offering cloud services

The pact aims to help Hong Kong enterprises accelerate transition to cloud computing under “onecloud”.

Sino Harbour starts trading shares in the Main Board of SEHK

Share price increased 2.73% over initial offer as it closed at HK$1.13 per share.

HKMA shows new banknote designs

The notes are equipped with features for security and to aid the visually impaired to differentiate between the denominations.

Hong Kong businessmen look forward to an upbeat third quarter

More survey respondents in the real estate, financing and insurance sectors expect their employment situation to improve.

Hong Kong’s second quarter luxury residential prices up 3.8%

Luxury rents are estimated to soar further by 15% in the next 12 months.

It doesn't end with pork: Hong Kong’s inflation shoots to 35-month high

The country’s consumer price inflation rose to 5.6% yoy in June.

MTR Corp hires Jay Walder as CEO

Walder, chairman of New York’s Metropolitan Transportation Authority, will head Hong Kong’s urban rail operator come 2012.

China Everbright Bank needs more institutional buyers

The bank so far has gotten commitments for about one third of its Hong Kong share sale.

ICBC eyes more than $31b profit in 2011

This represents a 21 percent growth compared to 2010.

China Shenhua Energy’s commercial coal output up 28.6%

The output for the first half of 2011 was 140 million tones.

Hong Kong launches code for treasury markets

The code lays down minimum standards which institutions should follow in their treasury market activities.

Hong Kong consumer prices up 5.6% in June

Only the durable goods sector suffered a 3.7% drop in prices.