Hong Kong

Foreign currency reserves rise a puny 1% in December

One of Hong Kong’s defenses against a recession has again inched upwards.

Hong Kong Airlines dares to take on Cathay Pacific

Hong Kong Air plans to acquire some 100 aircraft for its fight against Cathay Pacific.

Newly registered companies up 6.31%

The figure for 2011 was a record high of 148,329.

Derivatives are back—but be careful

The Securities and Futures Commission (SFC) has authorized the issuance of “Exchange-Traded Funds” a year-and-a-half after these products were banned.

Lombard Odier appoints Pranay Gupta as CIO for Asia

Mr. Gupta has over 20 years of experience in investment management and research.

Hong Kong is top IPO destination for 3 consecutive years

IPO market continues to be promising in 2012 as HK$230bn total funds raised through IPOs in Hong Kong is expected this year.

Hong Kong and Shanghai improve ties

Hong Kong will back the establishment of the joint venture company of the Stock Exchange of Hong Kong, Shanghai & Shenzhen.

HKMA grants licence to China Minsheng Bank

China’s ninth largest bank is the 153rd licensed bank in Hong Kong.

Visitor arrivals up 16.4%

Out of the 41.92 million arrivals, 28.1 million came from the Mainland.

Brace yourselves for a recession in 2012

Blame it on Hong Kong’s business activity that remained persistently weak from August to December 2011.

Property transactions nosedive to 5-year low

Transactions plunged by more than a third last year while prices remained stubbornly out of reach.

No corporate tax cut for long-suffering Hong Kong firms

There will be no corporate tax cut in the first-half of this year and probably in the second half, as well.

Are Hong Kong and China too close for comfort?

Chinese business has caught a virus that will be contagious to Hong Kong.

Hong Kong’s recovery unlikely to be swift: Hang Seng Bank

Economic growth is expected to ease to an average of 4%.

China includes Sino Oil and Gas’ project in 12th Five-Year Plan

The company’s Sanjiao coal bed methane project is dubbed as a core project in the plan.

Only for the brave: the Mainland’s still a tough market

The Chinese mainland has its problems but still offers business opportunities for Hong Kong businesses that can afford the uncertainties and risk.