In Focus
Hong Kong ready to welcome HSBC back?
In the event HSBC leaves the UK, Hong Kong’s doors are said to be open.
Hong Kong ready to welcome HSBC back?
In the event HSBC leaves the UK, Hong Kong’s doors are said to be open.
Hong Kong firms more confident in yuan than other currencies
Stability of yuan's value and market demand are among the reasons for firms' confidence on the currency.
Hong Kong shares suffer biggest decline in half a month
The Hang Seng Index dropped 3% following the release of the US jobs report which an economist described as “scary”.
Bleak US employment data to push Hong Kong stocks down
Losses are forecast amidst renewed fears of a US recession.
Hong Kong stocks drop for the first time in 5 days
Stocks fell prior to release of a labor report that may show a slowdown in US employment.
Government reports $2.2b deficit
Cited as the main reason are some major types of revenue mostly received towards the end of a financial year.
Recruitment activity in Hong Kong picks up after slow start
There was year-on-year growth in job ads as retail services benefited from an influx of tourists from the Mainland.
Exports, imports values up
Value of total goods exports increased 9.3% while value of goods imports jumped 10.2% compared to July 2010.
Hong Kong shares set for higher start
This as better economic data from the United States supported stocks on Wall Street.
Inflation feared to reach 8% in August
With inflation accelerating to the fastest pace since 1995, an economist forecasts inflation to average 7.8 percent in the second half of 2011.
Pace of inflation the fastest since 1995
An economist described the headline CPI figure for July as “pretty scary”.
Jobs galore: Total employment up by 15,200
The figure for May-July was a record high of 3.6 million.
The jobs are plenty but few are qualified: 93% of HK employers struggling to fill vacancies in finance
Although 30% of companies intend to increase their full-time staff in 2H11, finding skilled professionals remains a challenge.
Hong Kong becomes the lender for Chinese firms
This is amidst the central government’s attempt to lower the inflation rate.
Interbank rates will stay low until early 2013, says analyst
HKD interbank rates could rise more slowly than USD rates amidst ample liquidity environment.
Hong Kong shares to rebound
This after the Hang Seng index dropped 6.3 percent to close at 19,620 last week.
Hong Kong stocks continue to dive amidst Europe debt woes
HSBC Holdings Plc, Europe’s largest bank by market value, fell 2.9%.
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