Hong Kong

Hong Kong stocks suffer biggest decline since early August

Hang Seng Index was down 3.4%, with HSBC shares falling 4.3% after losing its top Hong Kong executive to Blackrock Inc.

Hong Kong stocks suffer biggest decline since early August

Hang Seng Index was down 3.4%, with HSBC shares falling 4.3% after losing its top Hong Kong executive to Blackrock Inc.

Is the bottom near for Asian economies?

Analyst said it’s difficult to be bullish amidst events in Europe and the US.

Massimo Bonini's concept store opens in Hong Kong

Massimo Bonini, a renowned Italian showroom for Italian brand name shoes and accessories, announced the unveiling of its first worldwide concept store in Hong Kong.

Customs seizes fake dried deer tendons

The Customs and Excise Department seized 187 catties of suspected fake dried deer tendons worth about $41,200 in a series of raids on 28 dried food retailers last week.

Value of construction works up 4%

The total gross value of construction works by main contractors in the second quarter of this year increased 4% in over the same period last year, to $29.4 billion.

ETFs forecast to be launched before the end of 2011

These exchange traded-funds will enable mainland investors to access stocks listed in Hong Kong.

Sany Heavy Industry to use IPO proceeds for overseas development

The construction equipment maker aims to raise $3.4b in its Hong Kong initial public offering.

Citic Bank International eyes over $234b cross-border yuan-denominated transactions in Hong Kong for 2011

This after its settlement of such transactions skyrocketed 366 percent to almost $4b in the first half.

Hang Seng Index set for drop by over 600 points

Investors are uninspired as the debt crisis in Europe continues to be a concern.

Retail industry records biggest rise in business receipts

Boost was from what was described as “vibrant” local consumption demand and tourist spending.

Hongguo to offer 500mn shares in IPO

40% of the net proceeds is aimed for expansion of its retail network.

Roy Tang to take on Hong Kong’s Director of Broadcasting post

Tang vowed to maintain the editorial independence of Radio Television Hong Kong.

Scheme $6,000 registration phase 2 opens

More than 850,000 registration forms have been received as at Sept. 8

Hong Kong’s second quarter service industries receipts surge

Yet business receipts in import and export trade fell 4.9% and financing (except banking) by 3.9%.

China WindPower defers spin-off of tower tube manufacturing unit

The postponement of spin-off and listing caused by changes in market conditions and market volatility.

Mark McCombe quits as Hang Seng Bank director

McCombe clarified he has no disagreement with the board in connection with his resignation which took 9 September 2011.

Mainland firms encouraged to use Hong Kong's creative and financial expertise

Mainland enterprises were encouraged to build up brands and access the world market through Hong Kong by promoting the city's advantages in the creative and financial industries.