News
Minmetals Land and Vanke Beijing to acquire RMB336mln lot
280,000 sq. m. land in Xianghe to be developed modern eco-community to accelerate city’s urbanization.
Minmetals Land and Vanke Beijing to acquire RMB336mln lot
280,000 sq. m. land in Xianghe to be developed modern eco-community to accelerate city’s urbanization.
Lippo Investments Management Hong Kong office opens
LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.
Dragonair launches new service to Shanghai's Hongqiao Airport
16 daily flights between Pudong and Hong Kong further strengthen trade and economic ties between cities.
Hong Kong RTGS incorporates real-time features to SwiftNet
Move enhances lenders' interoperability by using uniform standard to process domestic and international payment.
Construction work gross value up 7% to $28bln
Residential projects have largest share with $6.4bln in second quarter but down 3.8% in nominal terms.
Combined Cathay Pacific and Dragonair August passengers up 9.7%
August cargo traffic not quite as strong as the previous month in terms of volume.
Vodafone divests China Mobile stake for $6.5bln
Sold 642.9 million shares for HK$79.20 after its value doubled and deemed minority holdings insignificant.
Hong Kong companies up to 1.5mln
Electronic incorporation and one-stop service for company incorporation and business registration to lessen registration time.
Ede Road lot up for auction
The 2,808 square metre lot at 3 & 5 Ede Road in Kowloon Tong will be auctioned for a minimum guaranteed bid of $1.053 billion.
CITIC and CE-SCM to acquire China Enterprise Communications
HK$258.4mln acquisition prompts CITIC to propose change in CEC’s company name to CITIC Telecom.
Cathay Pacific celebrates inauguration of Moscow service
Moscow service marks airline’s 48th online passenger destination and second launching this year.
Dragonair resumes flight to Shanghai's Hongqiao Airport
Authorities agreed to open airport for flights between Hong Kong and China.
Exchange Fund total assets up by $4.2bln
July total deposits rose 1.8%, with 1.1% and 2.5% rise in HK dollar and foreign-currency deposits.
OOCL increases rate on Southeast Asia-Australia services
Rate up to US$300 per TEU to ensure high quality services to the region.
Foxconn International loss balloons at $143mln
Sales rose to $3.23bln from $3.16bln despite Nokia's reduced phone orders behind falling demand for smartphones.
Henderson profit down 37% to HK$1.32bln
Failed sales of 20 Hong Kong units pressure company to intensify sales in the second half.
HSBC launches integrated banking account for SMEs
Product provides 33% discount on standard tariffs for selected trade services and 10% for telegraphic transfers.