Hong Kong

Residential units sales dropped 26% in 2010

11,790 sale and purchase agreements for all building units were received for registration in December.

Residential units sales dropped 26% in 2010

11,790 sale and purchase agreements for all building units were received for registration in December.

Hang Seng to achieve international environmental certification at all street-level branches

90 per cent of the bank’s office premises are ISO 1400 showing its commitment to protect the environment.

2010 Hong Kong IPO fund-raising size achieves HK$445bn record

SMEs lead in 2011 as they want to take the opportunity to secure investment funds from a HK listing to expand their business.

Transport complaints jump 20% in 3Q 2010

The Transport Complaint Unit received 4,927 complaints and suggestions from July 1 to September last year.

Mayer Brown JSM promotes four lawyers to consultants in Hong Kong

The appointments are effective as of 1 January this year.

Exchange fund foreign assets up $111.8 bln in November

The Exchange Fund's foreign assets grew to reach $2.3914 trillion.

HK earns $17.2 bln surplus from taxes

Expenditure for the eight-month period amounted to $195.7 billion with revenue of $212.9 billion.

Merry Christmas and Happy Holidays

Santa is taking a break in Australia and the elves are off to the provinces for the Holiday break so come back in the new year starting Janaury 3.

HK and China forge better financial ties

Both parties to further develop the renminbi bond market in Hong Kong and to help Chinese enterprises issue bonds in Hong Kong.

HK expects 10.95mln holiday tourists

The busiest day at Lo Wu will be Dec 27 when 189,000 passengers.

ShangPharma appoints J.P. Morgan as depository bank

ShangPharma issued 5.8 million ADSs at $15 per ADS.

Consumer prices jump 2.9% in November

The increase in consumer prices passed the corresponding 2.6% increase in October, according to Census & Statistics Department figures released today.

Hong Kong GDP for 2011 seen at 5.2%

Hong Kong GDP forecast for next year is expected to exceed the consensus of 4.6%.

32% of HK exports to China for outward processing

$377.7bln of Hong Kong's total exports to China were for outward processing, an increase of 26% in the first nine months this year.

Leaders should beef up integrity and communication skills

CFOs believe future leaders should be as transparent as possible, as well as capable of listening to employees and delivering crystal-clear communication.

CITIC Securities and Crédit Agricole to form global brokerage platform and investment bank

Cooperation aimed to improve leverage of Crédit Agricole CIB activities and client relationships globally and CITICS leadership in China.

Minmetals Land acquires 3 real estate developments from China Minmetals

Projects totaling GFA 1.25mln sq. m. HK$2.36 per consideration share has increased the company’s land bank to over GFA 4mln sq. m.