Hong Kong
Cheung Kong Infrastructure eyes $437m share sale
The infrastructure investment vehicle of Hong Kong tycoon Li Ka-shing agreed to sell 84.5 million new shares at a 7 percent discount.
Cheung Kong Infrastructure eyes $437m share sale
The infrastructure investment vehicle of Hong Kong tycoon Li Ka-shing agreed to sell 84.5 million new shares at a 7 percent discount.
Bankruptcy petitions down by more than 15%
Total number of bankruptcy petitions was 4,086 for the first six months of 2011.
Sino Harbour Property lists on Main Board of HKSE
The property developer offers 300,000,000 new shares at the range of HK$1.10 to HK$1.68 per share.
China Print Power shares in IPO 100 times over-subscribed
About HK$27.2mn of the proceeds will be used for the expansion of the Groups’ production capacity including construction of new workshops.
Hong Kong’s parking rate is Asia’s highest
Hong Kong’s rental yield of car parking spaces tops 4% per annum, relatively higher than the other sectors such as residential and office properties.
Hong Kong's June foreign assets up $14.8bn
Exchange Fund bills and notes issued reached $1.05tn while claims on the private sector in Hong Kong amounted to $114.6bn.
Memoriki enters into subscription agreement for convertible redeemable preference shares
The AV Concept-associated company aims to capture huge market potential in social media marketing and social game publishing.
Metrojet names Tan Siah-Joo as Corporate Development Director
Tan has over worked in the commercial aviation industry for 30 years, including his term in Singapore Airlines.
US dietary supplement found to be plasticiser-tainted
The CFS found a sample of Doctor's Choice - Evening Primrose Oil to contain plasticisers, di(2-ethylhexyl) phthalate (DEHP) and di-butyl phthalate (DBP).
HSBC appoints Joseph Jacobelli as global co-head of Cleantech and head of utilities
Based in Hong Kong, he reports to Chris Georgs, Head of Equity Research, Asia Pacific.
China Everbright Bank postpones HK listing once more
Market sources cited market volatility as the culprit.
Cosco Shipping to spend $12m for protection against piracy
Armed guards and other measures will be put in place in the Gulf of Aden and the Indian Ocean.
Longfor Properties achieves 45.7 percent of year sales target
Contracted sales totalled $2.8 billion in the first half of 2011.
Guangzhou Huanya Cosmetics plans to list in HK in September
The Chinese cosmetics company is eyeing a Hong Kong listing hearing next month.
Group assesses Mandatory Provident Fund withdrawal options
The authority will take note of Hong Kong’s practical operating situation, overseas experience in implementing different withdrawal options and stakeholders’ views.
Air China passenger traffic up 9.4% in June
For the whole month, the carrier bought 268,000 tonnes of jet fuel a surge of 35% compared to last year.
Hong Kong adults asked to consume high-iodine foods
Consumers are advised to consume a variety of high-iodine foods in light of the findings of a risk assessment study released by the Centre for Food Safety. Examples of high-iodine foods are seaweed, seafood, egg and egg products, milk and milk products.
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