Hong Kong
Exchange Fund posts $46.3bn income during the first half
The fund rakes in $43.6bn net investment income amidst the asset markets’ volatility in the first half of the year.
Exchange Fund posts $46.3bn income during the first half
The fund rakes in $43.6bn net investment income amidst the asset markets’ volatility in the first half of the year.
LPG prices to go down
Ceiling prices will range from $4.44 to $4.86 per litre in August.
China Guodian Corp unit mulls HK listing
Guodian Technology and Environment Group Co Ltd plans to raise 5 billion yuan.
Oriental Overseas Container Line faces disappointing year
The Orient Overseas (International) Ltd subsidiary suffered from difficult trading conditions in the first half of the year.
iBond subscription amounts to HK$13b
This represents a 30 percent oversubscription.
Hong Kong smartphone users keen on news apps
A survey revealed that most apps are used to look for various information and entertainment from the Internet via mobile devices during commuting time.
Eternite acquires Larry Jewelry in Hong Kong and Singapore
The move allowed the company to rapidly expand into retail jewelry business across Asia to drive growth.
ACE Life unveils ACE Select Top-Up Medical Plan
The plan guarantees renewal till age 100 at affordable premiums with guaranteed conversion right while offering more comprehensive medical coverage for individuals aged between zero and 65.
Standard Chartered appoints Darcy Lai as Regional Head
Darcy will head Origination and Client Coverage and was most recently with Barclays Capital as Head of Investment Banking and Debt Capital Markets in Asia Pacific.
Hong Kong is the most popular city for international businesses: survey
Almost 70% of international companies surveyed are represented in Hong Kong.
HK billionaire et al aids funding of UK low-cost housing
Developer Sammy Lee, businessman Peter Fung, and billionaire Cheng Yu-tung’s Chow Tai Fook Enterprises have acquired 61 percent of Pinnacle Regeneration Group, manager of 22,000 homes in the UK.
June exports up 2.7% while imports rise 5.1%
Yet the volume of re-exports dipped 5.3%, while domestic exports volume fell by 10.3%.
Hong Kong’s June composite interest rate up 5 basis points
Upward adjustment of the weighted deposit rate was seen from the data from retail banks.
Invest Hong Kong assists in global expansion of Hunan enterprises
Invest Hong Kong today hosted a seminar in Changsha to encourage local enterprises in Hunan to "Go Global".
Hong Kong's 2nd quarter unemployment rate at 3.5%
Hong Kong's unemployment rate stood at 3.5% in the April-June period, same as that in March-May, according to the figures released by the Census & Statistics Department.
Happy Birthday: The Offshore RMB turns one
From a RMB90bn weakling at birth this monster baby now weighs in at a massive RMB549bn deposit base supporting an actively traded currency and money market.
Residential property sales plunged 58% in June
And the loan-to-value ratio of homes costing between HK$7m -10m has been limited to 60%.