News

Invest Hong Kong beat its annual target for the number of completed projects for the 10th year in a row.

The company has also achieved annual target of contracted sales and GFA of approximately 105% and 106% respectively.

Solid economic growth in line with ever-expanding opportunities for Hong Kong service exports upon China's increasing globalization would further improve labor conditions.

The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.

Capital-works spending is seen to provide 62,500 job opportunities, including 6,600 for professional and technical staff, and 55,900 for workers.

Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.

The Government is planning to revise the license fees for oil storage installations.

Hong Kong International Airport passenger traffic grew to 50.9 million with growth mainly driven by visitor traffic.

The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.

Freight volumes held up well through to the end of 2010 behind year-end cancellations from competitors.

Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.

A record high of 139,530 local companies registered with the Companies Registry last year.

Cross-border trade payment from the China to Hong Kong amounted to RMB180bln while payments from Hong Kong to China reached RMB50bln.

JV designed to accelerate growth of commercial soup market in the Mainland.

Hong Kong remains the world's most free economy for the 17th consecutive year, according to Heritage Foundation.

The Housing Society and Urban Renewal Authority have approved applications for Operation Building Bright grants, from 643 and 450 target buildngs.