Hong Kong

Construction works for the in-patient block of No. 2 People's Hospital of Deyang and the Deyang Dongqi Hospital in Sichuan has been completed smoothly. This is the result of joint efforts between Hong Kong and Sichuan over the years. Construction of the in-patient block of No. 2 People's Hospital of Deyang started in late 2009, and is the second largest medical and health project supported by the Hong Kong Special Administrative Region Government in terms of scale and funds. The previous No. 2 People's Hospital of Deyang was devastated in the Sichuan earthquake. The HKSAR Government committed RMB122 million to rebuild the in-patient block on the same site. With a bigger area, the new in-patient block provides 460 surgical beds and 240 medical beds to cater for a population of 4 million people in Deyang and its peripheral areas. Deyang Dongqi Hospita has also been completed with RMB115.7 million in reconstruction funding from the HKSAR Government. The Deyang Dongqi Hospital was relocated and upgraded to a medical complex with a construction surface area three times that of the previous one. Comprising a main block, an outpatient block, a medical sciences building and other auxiliary buildings, the new Deyang Dongqi Hospital was completed after more than a year of construction. The new hospital will serve 300,000 people in the East Jing River area and tens of thousands of victims from the other earthquake-stricken areas, as well as the 30,000 staff and their family members of Dongfang Steam Turbine Works in the Deyang economic and technological development zone. By July 2011, 39 projects had been completed, including nine medical and health projects. Most of the remaining reconstruction projects are due for completion this year and next year.

Three government lots were sold for a total of $3,602.5 million during the Lands Department's fifth land auction of the 2011-12 financial year.

South Korea offered a variety of incentives in an effort to lure investors from Hong Kong.

Six recycling companies have been awarded leases at the EcoPark Phase 2 lots by the Environmental Protection Department.

The Electrical and Mechanical Services Department launched the new Registered Escalator Contractors' Performance Rating.

 About 70 representatives from the Japanese government, the business sector and the travel industry were invited to have a taste of a Hong Kong-style meal specially designed for the Hong Kong Food Festival in Tokyo.

Hong Kong Tourism Board opened its Taipei officeas it rolled out its "Hong Kong Wine & Dine Month"  promotion in Taipei to attract Taiwan visitors to attend this annual event in Hong Kong in October.

Stability of yuan's value and market demand are among the reasons for firms' confidence on the currency.

Among the objectives of the indexes is to provide benchmarks to the market reflecting the overall performance of HK listed foreign companies and all HK listed companies.

Need arises for ensuring steady supply of private bankers as focus shifts to Asia.

The cost will be more or less HK$6 billion.

Singapore's Temasek purchased a total of 4.4 billion shares.

His resignation follows the airing of a false report on the death of former Chinese president Jiang Zemin.

No specific date was disclosed but a spokesperson said the store will open this quarter.

Blame it on sharp deceleration in the export of goods.

The Hang Seng Index dropped 3% following the release of the US jobs report which an economist described as “scary”.