Hong Kong
Hong Kong to boost Renminbi's internationalisation
Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource allocation platform to facilitate the renminbi’s internationalisation, Financial Secretary John Tsang said.
Hong Kong to boost Renminbi's internationalisation
Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource allocation platform to facilitate the renminbi’s internationalisation, Financial Secretary John Tsang said.
November Exchange Fund foreign assets drop $100mn
The Monetary Base reached $1.0602tn while claims on the private sector amounted to $143.5bn.
Renminbi business boosts Hong Kong's status as financial hub
Government believes Hong Kong has very good potential to develop into an offshore renminbi business centre.
Hong Kong overtakes US and UK in Financial Development Index
Hong Kong took the top spot with a score of 5.16 on a scale of 1-7, says World Economic Forum.
Testing times: Home prices may plummet 10% in 2012
And it may drop even lower by 2013 - but by how much?
Wheel of fortune: AsiaPac gaming industry to moderate in 2012
But you can still place your bets in the region as the industry is expected to grow at a healthy rate next year.
Third quarter industrial production index up 0.2%
Producer price index also increased 9.6% in the third quarter.
Gender inequality in Greater China finance sector still rife
Yet 59% of the survey respondents believe the number of women in top management positions will increase in the next 5 years.
Asia’s retail and consumer industry maintains growth momentum
Online retailing to experience phenomenal growth during forecast period to 2015 amid global economic uncertainty.
Commercial building The Forum to be knocked down
So what will HongKong Land Holdings build in its place that is worth $72m?
Construction gross value up 13.2% to $32.4b
Guess by how much the gross values of the private and public sectors increased in 3Q11?
Perfect Shape Holdings plans HKSE Main Board listing
The company’s revenue contributed from the PRC market in the amount of HK$99.5mn, representing 74.0% of the Group’s revenue for four months.
Asia Pacific will see aggressive growth in gaming revenues
Gaming income set to reach US$182.8bn by 2015 with Macau being the jewel in the gaming crown.
3D-GOLD Jewellery and Bank of Beijing join forces
Hong Kong Resources Holdings Company Limited (“HKRH”) is pleased to announce that 3D-GOLD Jewellery has signed a cooperative agreement with the Bank of Beijing on 6 December 2011 to provide specialised value-added services to VIP customers. Under the arrangement, the Group can capitalise on the Bank’s platform to expand its corporate gift business and penetrate the upper end of the consumption market.
Real estate business receipts down 18.2% in the third quarter
Another loser was financing industries, except banking, with 13.6% fall.
Hong Kong property rents and prices to hit a reverse next year
Retail properties offer greener pastures amid the subdued outlook.
Hong Kong fails to back local IT sector
Too many security, business continuity and legal issues still to iron out, says an industry player.
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