Hong Kong

Safety standards for toys and children's products to be updated

The Government has proposed the adoption of the latest safety standards promulgated by the relevant standards institutions for toys and eight types of children's products designated under the Toys and Children's Products Safety Ordinance. Views from the trade and the public are being sought by the government.

Safety standards for toys and children's products to be updated

The Government has proposed the adoption of the latest safety standards promulgated by the relevant standards institutions for toys and eight types of children's products designated under the Toys and Children's Products Safety Ordinance. Views from the trade and the public are being sought by the government.

Google to set up data centre in Hong Kong

The Government of Hong Kong welcomed Google's announcement today to build a data centre in Hong Kong.

Committee to spearhead R&D in Chinese medicines

The Innovation and Technology Commission today announced that the Government will form a new committee to spearhead and promote research and development and testing of Chinese medicines in Hong Kong.

Current climate for Hong Kong banks worse than in 2008, says Nomura

The 2008 global financial crisis was apparently better for Hong Kong banks.

Kingswood Property stops operations

This was due to a sudden fall in real estate transactions.

Hong Kong Chief Secretary Henry Tang resigns

Tang is expected to run for Hong Kong’s top government job.

Financial Secretary accuses Chaoda Chairman of insider trading

Aside from Chaoda Modern Agriculture’s Kwok Ho, CFO Andy Chan and Fidelity Management’s George Stairs were also implicated.

Hong Kong’s nominal wage up 8% in June

As 73% of companies reported increases in average wage rates in June compared with a year ago.

Trading delayed as typhoon moves its way to Hong Kong

Hong Kong Exchanges & Clearing’s morning session has been canceled amidst the No.8 gale signal.

IMAGI and A Motion Artistry enters into a broadcast agreement

“Smart Dodging” and “Happy Happy Bang Bang” TV Series will be Broadcast through Momo TV in Taiwan.

Travel Expert IPO shares 16.66 times subscribed

Offer Price Set at HK$0. 63 Per Share with expected net proceeds of HK$49.5mn.

Lands Department to sell 3 lots via public tender

Sale of Sha Tin lot and two others in Cheung Sha will start on October 28 and close November 25.

Providence Equity Partners appoints Tao Sun as Managing Director

He will also be taking on the role of Head of China Investment Activities focused on the Greater China market.

Google to invest over $100m for Hong Kong data center

The Internet search company plans to hire up to 20 personnel at data centers to be built in Hong Kong and Taiwan.

Citic Securities eyes $1.7b in Hong Kong share offering

It would be the biggest since that of Prada. This is despite the deal being reportedly priced at the bottom of a revised range.

Hong Kong Chief Secretary resigns: report

Henry Tang will reportedly meet with the media on 28 September 2011.