News

We cannot prevent attacks: HKEx

CEO Charles Li said they can try to defend the websites when attacks come but they don’t know who the attackers are and how to prevent them from striking.

We cannot prevent attacks: HKEx

CEO Charles Li said they can try to defend the websites when attacks come but they don’t know who the attackers are and how to prevent them from striking.

Hong Kong’s GDP may have grown 6.3% in 2Q11

With retail sales growth staying above 27% for three consecutive months.

HKExnews website is back online

Trading in HKEx’s securities and derivatives markets continued to operate normally during the interruption.

HKEx sets probe on website disruption

Disruption led to suspension of shares trading on Wednesday afternoon after the prevented public access to its interim results announcement.

Cathay Pacific adds 12 new Boeing aircrafts to fleet

The new airplanes amounting to HK$25.6bn at list price stressed the airline’s commitment to operate a modern and efficient fleet.

RMB15bn sovereign bonds to be issued Aug 17

RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional investors.

Hong Kong’s land sale will continue

Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.

Hong Kong forex reserves surged by US$1.6bn in July

The total foreign currency reserve assets at the end of the month amounted to US$279bn.

Currency peg with the US dollar stays put

Hong Kong does not intend to make changes even with US’ recent credit rating.

Knight Capital to close its Hong Kong office

The electronic trader will also lay off 6% of its global workforce.

Hang Seng Index adds 2 new indexes to its Corporate Sustainability Index series

Hang Seng Index also granted licence to Hang Seng Investment Management to launch new fund to track the Hang Seng Corporate Sustainability Index.

Hong Kong is the most expensive office location in Asia Pac

As office rents rose 3.9% qoq to US$122.03 per sq ft per year in 2Q11.

Hong Kong keen on China’s RMB20bn sovereign bond issue

The Mainland’s third bond issuance seen as support for Hong Kong's development as an offshore renminbi business centre.

Hong Kong’s PMI rises to 51.4 in July

As new orders show resumption in growth.

HSBC's pre-tax profit up 16% to US$6.8b in H2 2011

And Hong Kong delivered delivered profits of US$3.1 billion, up 7%.

Hong Kong becoming more attractive destination for MICE

'MICE' arrivals up 10% to 725,779, 43% of which were arrivals from China.

HK recognized as quality flag administration by USCG

Hong Kong became among the six flag administrations added this year to the Qualship 21 programme.