News
Overall consumer prices up 2.6%
The rate of increase in October was mainly due to higher increases in private housing rentals and the prices of food.
Overall consumer prices up 2.6%
The rate of increase in October was mainly due to higher increases in private housing rentals and the prices of food.
Central government to issue RMB8bln sovereign bonds
The issuance is expected to further develop offshore renminbi business by enlarging the scale of the renminbi bond market in Hong Kong.
95% of Hong Kong’s private buildings now insured
New building management regulation requires all owners' corporations to procure and keep in force third-party insurance.
Hong Kong boosts UK business growth in China
HK's robust financial regulatory regime enhances its attractiveness as an international financial centre, especially as an offshore renminbi centre.
SME loan guarantee scheme to end
The scheme to cease effect this yearend, as the lending environment has improved.
HSBC inaugurates new Internet banking security device
The lender’s new security device offers added level of security and protection for online customers.
Cathay Pacific staff to avail annual salary increase of 4.5%
The airline also gives year-end salary increment, 13th month pay and further profit share after seeing remarkable growth.
MSCI China Index picks China Gas as constituent
The gas operator’s selection reflects the strong recognition of the company from the investment community.
Hong Kong employment back to pre-crisis levels
Hong Kong’s employment numbers is back above pre-crisis levels, with the labour force's still expanding.
ICAP Adds Hong Kong LME Desk
ICAP plc. expanded its base metals broking business with the addition of an LME desk in Hong Kong. ICAP also announced it has hired Jason Dobson to join the desk in Hong Kong.
Swire Properties completes 50% stake sale in PCCW Tower
The company was able to increase its holding in PCCW Tower from 20% to 50% that ensured a stable future for the building.
HSBC unveils Risk Controlled Greater China Fund
HSBC remains committed to providing customers with the most diligent investment solutions amidst market volatility of Hong Kong investors.
Global shipping recovery to continue behind impending acquisitions
China and the rest of Asia Pacific’s shipping demand was seen as primary driver of global shipping growth.
Hong Kong maintains GDP growth by 6.8%
External trade contributes to Hong Kong’s GDP behind domestic demand and further expansion in intra-regional production activity in the Asian markets.
September goods re-exports volume up 19%
The highest export volume to Japan grew 22.9%, the highest, followed by Taiwan, 19%; and to China, 18.4%.
Luxury property transactions up 86% over $20mln
Financial Services & the Treasury Department issued tax assessments for the remaining 1,650 taxable cases, including $410mln in profits tax.
HK sets initial minimum wage rate at $28/hr
Statutory minimum wage will protect grassroots workers and ensure their pay is commensurate with hours worked.