Hong Kong
Pacnet chosen by PPLive for its Asia network expansion
The leading online video company in China is partnering with Pacnet to deliver digital media content to users in Singapore and across Southeast Asia.
Pacnet chosen by PPLive for its Asia network expansion
The leading online video company in China is partnering with Pacnet to deliver digital media content to users in Singapore and across Southeast Asia.
ACE Life launches its CNY-denominated endowment plan
ACE Renminbi Endowment Plan offers competitive guaranteed returns and potential gains from the appreciation of the currency.
Ming Fung Jewellery joins forces with L Capital
The move aims to bring synergies and enhances competitive edge for expansion in Greater China.
AGTech gross profit up to 45% to HK$33.4mn
The company achieved a business turnaround with profit from business operation reaching HK$272,000.
Proposed 3rd airport runway faces pollution woes
Study shows Hong Kong airport’s proposed runway may cause the level of nitrogen dioxide to go beyond the government’s limit.
Hang Seng Index jumps most in 2 years
This follows the US Federal Reserve’s promise to keep its benchmark interest rate at a record low at least through the middle of 2013.
HAECO’s profit up 25.7% to HK$425m
This is compared to last year's HK$338m.
AsiaSat appoints Dr. Ya-Hui Chiu as advisor to President & CEO
This is following his retirement from the position of Vice President, Technical Operations on 31 July 2011.
Finance secretary: Hong Kong dollar is stable
Tsang said downgrade of US debt rating by itself would not spark crisis but by other economic factors.
RMB15bn sovereign bonds to be issued Aug 17
RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional investors.
Hong Kong’s land sale will continue
Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.
HSBC to cut savings rate
The cut is for yuan deposits without tenure.
Sany Heavy Industry eyes HK$23b via Hong Kong IPO
The company aims to have its listing hearing by end August.
TCL Communication Technology’s profit up 56% to over HK$391m
The Chinese phone maker has a sales target of 50 million handsets this year.
Lifestyle International’s profit up 30.6% to HK$807m
The department store operator foresees the Hong Kong retail market to outperform that of the mainland.
Fear-induced trading pushes Hong Kong stocks down
Hong Kong shares dropped to their lowest since July 2010 following the downgrade of US’ credit rating.
Hong Kong forex reserves surged by US$1.6bn in July
The total foreign currency reserve assets at the end of the month amounted to US$279bn.
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