Hong Kong

Active Group begins HKSE Main Board IPO

The group targets to raise HK$549mn from 300mn shares ranging from HK$1.20 to HK$1.83 per share.

Active Group begins HKSE Main Board IPO

The group targets to raise HK$549mn from 300mn shares ranging from HK$1.20 to HK$1.83 per share.

OOCL and Freightliner renew contract for another ten years

Freightliner’s UK network and overnight services allow OOCL to provide customers access to the UK hinterland.

What you need to know about J.P. Morgan’s new hires

The firm has announced two key hires for its Asia Pacific business.

Banking sector future remains bright: HKMA’s Chan

That is if Hong Kong banks collaborate with foreign lenders in offshore yuan trading.

Beware of technical recession ahead, warns analyst

Standard Chartered says a technical recession could affect some Asian economies, like Singapore and Hong Kong, by the end of 3Q 2011.

Sun Hung Kai Properties underlying profit up 55%

This is a record high for the developer that has so far spent more than HK$11 billion for sites purchase from the Hong Kong government.

District Council election nominations in

On the first day of nominations a total of 243 forms were submitted.

SFC fines Oasis Management almost $1m

The fund’s chief investment officer faces the same fine for alleged improper trading.

Second quarter manufacturing production index up 2%

Notable decreases in output volume were recorded in the textiles and apparel industry.

Hong Kong’s second quarter GNP up 11.1%

A net external factor income inflow of $24.3bn was posted.

Volume of goods exported in July up 1%

The price of total goods exports up 8.1%, while that of goods imports surged 8.4%.

Hong Kong second quarter credit card transactions up 0.2%

But the number of debit cards in circulation in relation to retail sales and bills payments down 1.2% to 27.1mn.

Asia Pacific lags behind in employee performance management

North American companies came out on top at every basic performance management practice.

Air China August passenger capacity up 4%

But its cargo load factor suffered a decrease of 1.6 percentage points.

HKMA chief woos UK investors

Chan positions Hong Kong as best gateway to take part in China’s economic boom.

Hong Kong support R&D firms—official

British companies persuaded that they can benefit from packages offered by Hong Kong and China.

Hotel rates in Hong Kong 11th most expensive worldwide

And average room rates in Asia Pac rose by 7%, overtaking Europe’s hotel rate growth.