Hong Kong

Fortune REIT hits record revenue and net property income

According to ARA Asset Management (Fortune) , manager of Fortune Real Estate Investment Trust,  Fortune REIT recorded impressive results for FY2012. During the reporting Year, total revenue and net property income increased by 22.5% and 22.8% year-on-year to HK$1,113.7 million and HK$788.3 million respectively.

Fortune REIT hits record revenue and net property income

According to ARA Asset Management (Fortune) , manager of Fortune Real Estate Investment Trust,  Fortune REIT recorded impressive results for FY2012. During the reporting Year, total revenue and net property income increased by 22.5% and 22.8% year-on-year to HK$1,113.7 million and HK$788.3 million respectively.

HK’s overseas and mainland investments reached all-time high in 2012

But here’s why the government’s not resting on its laurels just yet.

GDS Services unveiled HK headquarters

All is set for network expansion in Asia-Pac.

Hong Kong stocks down

It’s the third day of decline.

Dragonair revamps cabins

The facelift comes with new flights.

Hengan’s FY12F net profit to jump 37%: MayBank

Management’s strict cost control discipline is however a drag.

Shipping companies extend pact to use cleaner fuel

They will use fuel with 0.5 percent sulfur or less.

Here's how the 'best' countries in Asia have changed over the past 25 years

Hong Kong's ranking in 1988 was 29 notches higher than Singapore.

Five key growth areas seen by new financial council

Financial Services Development Council also discusses three-year work plan.

Hong Kong wants quality tourism

Will focus on conventions and exhibitions tourism that benefit other industries.

An ugly chart about HK retail in a downturn

Sales vallue has gone down a lot from 23%y/y in 4Q11.

Summit Ascent mulls raising additional equity capital

This could be by way of an offer to shareholders.

MTR service resumes

An equipment fire disrupted operations.

ShiFang warns of loss

An advertisement distribution agreement was terminated.