Hong Kong

The rift with People's Daily involves shareholdings in China Huawen Investment Holdings.

Homes are now less affordable for the general public after a rally in property prices.

Three firms are interested to renew their franchises for another decade.

Despite 2.4% increase in passenger volume, the two airlines’ cargo and mail volume down 9.1%.

New Litz PCB to help manufacturers scale up production of wireless power chargers for homes and business.

The move eyed to further expand “Pleasant Goat and Big Big Wolf” branded business and to broaden revenue sources.

The company will consider M&A opportunities that lead to a more diverse range of products to offer customers in a difficult business environment.

The current Deputy Finance Director of Swire Pacific Limited will succeed James Edward Hughes-Hallett who will quit his post on Nov. 18.

Effective today, Ms Wan succeeds Mr Ilex Lam, who joined the Company as CEO in 2007.

China’s biggest chipmaker saw the biggest decline in months in Hong Kong after David Wang failed to win reappointment and eventually quit.

An electricity substation in Tseung Kwan O and a research complex and student hostel in North Point are among the transactions which had about $752.06mn total land premium.

77,991 new local companies were registered during the first half of this year, an increase of 8.53% from 71,861 in the second half of last year.

The Customs and Excise Department, the Intellectual Property Department and the copyright industry have been jointly organising various publicity and educational events to promote respect for IPRs in the community and especially among the youth, so as to inculcate a culture of IPRs protection when they are young. One of the educational events is the Youth Ambassador Against Internet Piracy Scheme, which was initiated by the C&ED in 2006 in collaboration with the copyright industry. Some 200 000 members of 11 youth uniformed groups have so far joined the scheme, which is aimed at promoting a sense of respect for copyright works among young people. In the past five years, different promotional activities have been organised under the scheme to raise the awareness of, and to motivate the youth ambassadors to support, IPRs protection. The IPD, together with the C&ED, the copyright industry and different organisations in the community have also organised different anti-piracy activities to promote public respect for IPRs. The Youth Ambassador Competition on Business Software Proposal is one of these activities.

Tsang said the government will consider various subsidised housing schemes to address one of Hong Kong’s crucial social issue.

To meet capital requirements, the bank is reportedly eyeing to issue up to $3b worth of H shares.

Retail investors are given six days to reconsider bids on the $1.1b IPO.