Hong Kong

Hong Kong real estate market set for ‘soft landing’: Financial Secretary Tsang

“Transactions have fallen and prices are starting to trend down slowly,” Hong Kong Financial Secretary John Tsang said in an interview.

Hong Kong real estate market set for ‘soft landing’: Financial Secretary Tsang

“Transactions have fallen and prices are starting to trend down slowly,” Hong Kong Financial Secretary John Tsang said in an interview.

Hong Kong’s total exports and imports up

The year-on-year increases for exports and imports were 6.8% and 14.1% respectively.

ACE Life Hong Kong conducts debut career presentation seminar

Insightful insurance industry analysis and sharing from renowned speakers help job seekers identify options for career development.

Xinyi Glass releases initial results of scrip dividend scheme

The value of the scrip shares elected by nine major shareholders amounted to HK$210mn.

Hong Kong finance professionals keen on seeking greener pastures abroad

67% of professionals want career growth, better salary packages, improved overall lifestyle and new work experiences overseas.

Hang Seng Index drops to its lowest since July 2009

It declined 1.5 percent to 17,407.80 amidst fall of Europe-related shares.

August mortgage loans down 27%

But the number of new applications surge by 5% to 9,682.

Buildings Dept. approves 27 building plans in August

In addition, the department released 8 occupation permits on Hong Kong Island, 5 in Kowloon and 12 in the New Territories.

August visitor arrivals soars 17.7%

Visitors from China and Southeast Asia made largest contribution to total 4,065,761 foreign tourists.

China Everbright International’s Dangshan Biomass Power Generation Project begins operation

The Project is expected to process 300,000 tonnes of biomass annually and generate 200mn kWh of green electricity.

AV Concept steps up promotion of SOUL by Ludacris® to new markets

The company brings new line of quality personal audio products to China and South Korea markets.

Hong Kong M&A amount to a whopping $55.3b in 2011

The country accounts for 12% of the total M&A deal flow in Asia.

Financial Secretary holds meeting with Federal Reserve Board Chairman

Mr John Tsang also met with Moody's and Standard & Poor's in the US to discuss Hong Kong's economic and financial fundamentals.

XCMG Construction Machinery aborts Hong Kong share sale

This as underwriters backed out of commitments to buy any unsold stock.

Asian banks on firing spree?

With growing job losses in major cities, warning bells of more cuts ring.

Government to start next phase of Scheme $6,000

Through this scheme, a sum of HK$6,000 will be given to each holder of a valid Hong Kong Permanent Identity Card, aged 18 or above.

Hong Kong takes a bite of Apple

Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.