Hong Kong

Bank of Communications to launch HK private banking

The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.

Bank of Communications to launch HK private banking

The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.

US quantitative easing seen to boost HK asset prices

Yet HK chief executive’s address offered very few measures in curbing near-term property price advances.

Short-haul and long-haul flight surcharges up 8% and 3%

New rates enable carriers to partially recover operational costs due to fluctuations in aviation fuel prices.

Hong Kong and France agree to avoid double taxation

Tax pact was also made with 14 countries as HK opens expansion opportunities to French companies.

HSBC introduces new Private Banking leadership teams

The lender announced replacements of heads of North Asia, South East Asia, and EMEA regions.

Mild housing measures help clear policy overhang

Fundamental price drivers like too much market liquidity and low interest rates will remain unchanged even with the new housing measures put in place by the HK government, the Deutsche Bank AG/Hong Kong said Thursday.

China Mobile third quarter profit flat at 29.65bln yuan

China has low mobile penetration compared to developed economies that stifles growth of its telecommunication companies.

Sino-Life launches funeral services deed in Hong Kong

The company to pioneer in HK the service popular in Europe, US and neighboring countries.

Taiwan travellers avail easy entry to Hong Kong

70% are eligible to apply for entry permits for Taiwan under streamlined measures implemented last month.

Automated Systems strikes deal with China Southern Airlines

Collaboration aims to develop world-class enterprise content management solution.

HSBC Opens New Business Centre in HK’s SME Hub

The 8,000 square foot facility in Kwun Tong area will offer trade, cash management, financing, investment, insurance and company account services for SMEs.

Hong Kong unemployment rate steady at 4.2%

The underemployed grew by 500 to 71,000 despite increase in total employment by 8,000 people.

More renminbi bonds to be issued in Hong Kong

ADB and World Bank’s top quality bonds issuance demonstrates importance of HK as renminbi bond market.

Overseas companies operating in HK up 2.6%

Twenty percent of the companies said they may expand their businesses in Hong Kong.

CLP Holdings sales up 16% to HK$43.5bln

Hong Kong, Australian power demand recovers as the utility invested in power projects in some Asian countries.

Evergreen mulls raising $140mln in HK IPO

The company joins the slew of IPOs in Hong Kong.

Wage rate to be tabled on November

Government to research on standard working hours that should balance the overall business environment and people's life quality.