In Focus
No relief in sight for Hang Seng woes
Hong Kong shares are expected to continue falling once China releases more disappointing economic data this week.
No relief in sight for Hang Seng woes
Hong Kong shares are expected to continue falling once China releases more disappointing economic data this week.
Hong Kong braces for a no growth scenario in 2012
Hong Kong’s economy grew 0.4% in the 1Q, the slowest pace since the global financial crisis began in 2008.
Foreign investors urged to use renminbi in Hong Kong deals
China is encouraging foreign investors to use the renminbi or yuan for trade and investment in Hong Kong.
Mainland financial initiatives welcome in Hong Kong
Financial Secretary John Tsang welcomes the measures China will implement to strengthen cooperation between Hong Kong and the Mainland.
Leung sworn in as Chief Executive
Leung Chun-ying took office yesterday as Hong Kong’s third chief executive since 1997.
Shenzhen plans to build its own Hong Kong clone
There are plans to build a new city in China to compete against Hong Kong.
Hong Kong forms financial services task force
A Preparatory Task Force on the Financial Services Development Council has been established by the government to recover lost ground in financial services.
Hong Kong firms receive support for Mainland businesses
The government has set aside $1 billion to strengthen the competitiveness of Hong Kong businesses on the Mainland.
Hong Kong posts a balance of payments surplus
Hong Kong recorded a $48.2 billion surplus in its balance of payments account in the first quarter of 2012, said the Census & Statistics Department.
Lower inflation and lower economic growth in store for Hong Kong
The Census & Statistics Department forecasts lower inflation in the coming months along with the relatively slow expansion of Hong Kong’s economy.
Hong Kong is IPO capital no more
Hong Kong tumbles from top IPO destination to seventh in just six short months.
Hong Kong and Mexico sign agreement vs. double taxation
The new comprehensive double taxation agreement gives Hong Kong a number of key advantages.
Deutsche Bank foresees 20% drop in Hong Kong property prices
Hong Kong’s property market is normalizing and should see welcome reductions in high property prices.
Hong Kong enacts competition law
Hong Kong has its first law against anti-competitive conduct after a decade of trying but doubts persist about the law’s effectiveness.
HKEx buys the London Metal Exchange
A historic deal will see Hong Kong Exchanges and Clearing Ltd attain a long-sought aim of diversifying into commodities.
Hong Kong employers resist more paternity leave days
Hong Kong’s employers claim that paid paternity leave is a key reason for Europe’s massive economic woes today.
Contractors' commissioned projects up by 15.9%
Private residential building projects were the main contributors in the construction work increase.
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