News

Offshore renminbi products take off

Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.

Offshore renminbi products take off

Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.

StanChart and HSBC to launch higher-yielding RMB products

Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.

Hong Kong SMEs to invest in the next 6 months

1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.

3 airlines to slash fuel surcharges

Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.

China Agri-Industries offering stocks and bonds worth HK$3.89bln

The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.

Hong Kong's goods export volume up 19.2%

Prices of total goods exports increased 4.1%, while prices of goods imports rose 6.8%.

Hong Kong unemployment stays at 4.6%

Figures show that companies remained active in recruitment that absorbs the concurrent increase in labour supply.

Hong Kong and Shanghai collaboration may foster mutual benefit

Top HK official optimistic that working out 'one country, two systems policy' will improve both cities.

Hong Kong legislation passes minimum wage bill

Fate of labor groups' HK$33 per hour floor proposal depends on Chief Executive Donald Tsang's decision.

Centron Telecom secures HK$335mln loan facility

Six lenders provide 3-yr term loan for company's H2 2010 expansion and to step up operations.

Mongolia Energy Corporation incurs loss at $317mln

Company was able to get unrealized fair value gain of HK$62.7mln and realized gain of HK$10.1mln.

OOIL joins Hang Seng Corporate Sustainability Index

Inclusion among 30 constituents shows commitment to corporate sustainability and fulfillment in environmental and community responsibilities.

Government approves Cathay Pacific flights to Hongqiao airport

HKSAR government's clearance to allow airline to land in the Shanghai airport enhances accessibility between cities.

Linmark returns to profit at HK$46mln in FY2010

The company sees recovery and growing order bookings in next months despite 52.2% decrease in FY2010 revenue.

Lenovo selected as Hang Seng Index’s constituent stock

Hang Seng Corporate Sustainability Index inclusion underscores Company’s implementation of sustainable and socially responsible business practices.

Hong Kong Aviation Capital to acquire 3 new A320 aircraft

The company completes $200mln transaction to expand its operating lease portfolio with total 7 A320s transacted.

HSBC says Hong Kongers most affluent in Asia

Over a third of Hong Kong assets invested in stocks and a quarter in RMB.