News

Exchange Fund loses HK$3.5 billion

Monetary base was HK$1.2 trillion.

Expect new housing measures in October: Government

Living density for one-person households lowered to 30sqm.

Hong Kong intensifies ties with US

Environment, transportation, economy to be main targets.

Kai Tak Cruise Terminal inaugurated

US$1.1 billion cruise terminal can berth world’s largest cruise ships.

Civil servants to get pay hikes

3.92% increase in the middle and lower salary bands.

Import-export business receipts slipped 7%

But other industries recorded increase.

HK to sell US$3.8 billion in renminbi bonds

Sale will boost the city’s status as a major renminbi center.

MTR fares to increase 2.7%

Hikes will kick off on 30 June.

Expect RMB23b sovereign-bond issues in 2H: Government

Renminbi sovereign bonds to be issued twice this year.

Two Blue Chips to do HK IPOs

Both could raise up to US$1.8 billion.