Hong Kong
Hong Kong gross domestic product grows 6.8% in Q4
Net output in all the service activities taken together rose 6.9% in real terms in the quarter.
Hong Kong gross domestic product grows 6.8% in Q4
Net output in all the service activities taken together rose 6.9% in real terms in the quarter.
Housing Authority to spend $330m on public housing estates
A number of major improvement works on old public housing estates are expected to be completed by mid-2012.
Hong Kong air passenger traffic up 8.1%
Air traffic movements rose 13.9%, to 26,765, according to figures released by the Airport Authority.
Shangri-La to open Traders Hotel in Chennai
The development will include a mall, office block and the 246-key hotel along with 52 service apartments set to open in 2012.
China Fishery seeks listing on HKSE
Hong Kong listing will allow the company to expand its investor base by facilitating additional institutional and local retail investors in Hong Kong.
Hong Kong unemployment rate down 4.1%
Yet global financial crisis in US and Europe seen to affect employment even as labour demand is seen to continue as Lunar New Year nears.
S&P raises Hong Kong ratings to AAA
The ratings company attributes upgrade on improving economic and financial links between Hong Kong and China.
China completes RMB8bln bonds issue in Hong Kong
Success of the move showed HK investors’ confidence in the sustainable development of the China's economy.
Hong Kong domestic exports up 5.7%
While the volume of Hong Kong's re-exports of goods in October rose 9% on the same month last year.
Hang Seng Bank keen on setting up China wealth management unit
The bank seeks partner for wealth management, insurance and asset management through a joint venture or by buying a stake in another company.
Regulator approves Bank of East Asia's 11% stake buy in small Chinese firm
Acquisition of 11% stake in Golden Eagle Asset Management will provide BEA increased exposure and direct entry to the local Chinese market.
HK Buildings Department received 3,741 complaints
In the past five years, the department issued 14 orders to prohibit changes in the use of buildings which constituted obvious or imminent danger to life and property or serious environmental nuisance.
Hang Seng Bank changes board composition
The board appoints Mark Seumas McCombe and Sarah Catherine Legg as Non-executive Directors of the Bank.
Swire Properties and HKR International ink RMB8 Billion loan facility
The raised capital will be used for Dazhongli project in Shanghai’s Jing’an district with a planned gross floor area of approximately 323,000 sqm.
Hong Kong's gross national product up 7.9%
The gross domestic product, estimated at $453.9 billion, recorded a 9.5% increase.
Yip’s Chemical to establish research and development centre in Shanghai
Phase 1 of the company’s Zhangjiang Hi-Tech Park operation to start in the second half of next year.
Manufacturing industries' production index up by 5.4%
Following a 2.2% y-o-y increase in the second quarter, according to the provisional results of a survey the Census & Statistics Department released today.