Hong Kong
Lenovo acquires 51% of Medion stake
The move steps up the PC maker’s penetration into the Western Europe’s consumer market, particularly in Germany.
Lenovo acquires 51% of Medion stake
The move steps up the PC maker’s penetration into the Western Europe’s consumer market, particularly in Germany.
Hong Kong’s PMI rises to 51.4 in July
As new orders show resumption in growth.
HSBC's pre-tax profit up 16% to US$6.8b in H2 2011
And Hong Kong delivered delivered profits of US$3.1 billion, up 7%.
Hong Kong property: Creating opportunity out of adversity
There is a growing concern in Hong Kong’s private sector: The city is facing a crisis of quality office space whilst demand is continuously increasing. Predictions are that the annual average supply of new office space coming online over the next three years will be 50% of the past 15 year annual average, which will force rents upward. Hong Kong already has the most expensive office space globally by a significant margin, causing affordability issues and the latest research is showing that even Wanchai rents are now on par with central London.
Hong Kong flat sales fall by 37%
Total consideration for sale and purchase agreements in July was down 39.9% to $42.4bn.
Report: HK among top 3 retail property investment destinations in Asia
Pacific Star Group listed Hong Kong among the top three destinations in the region for retail property investment long with Singapore and Kuala Lumpur.
Manufacturer recalls ostomy bags due to sterility problem
Coloplast found during routine product sterility test that a lot of samples of its Alterna ® Sterile Post-Operative ostomy bag failed.
Western Harbour Crossing and Route 3 maintain toll levels
The franchisees of Western Harbour Crossing and Route 3 will maintain actual tolls at the current levels despite new statutory that were gazetted.
HKMA publishes tentative issuance schedule for government bonds
The Hong Kong Monetary Authority has published a tentative issuance schedule for Government Bonds offered under the Institutional Bond Issuance Programme for September 2011 to February 2012.
Luen Wing chinese medicines recalled
The Department of Health instructed Luen Wing Chinese Medicine Manufacture Company Limited to its recall proprietary Chinese medicines.
Other strengths of GlaxoSmithKline's Augmentin also recalled
The Department of Health ordered GlaxoSmithKline Limited to recall from shelves two more strengths of its Augmentin, namely the 625mg tablet and the 1g tablet.
Kingdee takes over Guangzhou Wisetop Computer
The acquisition will provide make Kingdee secure market leading status for integrated informatisation service in medical industry.
Ashley Alder appointed as Securities & Futures Commission chief
Alder is an international law firm partner, specialising in areas of capital markets, mergers and acquisitions.
Hong Kong becoming more attractive destination for MICE
'MICE' arrivals up 10% to 725,779, 43% of which were arrivals from China.
Chun Wo secures 3 Railway-related deals amounting to HK$2.35bn
MTR selected Chun Wo in the construction works of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL), Kwun Tong Line Extension and South Island Line (East).
Xinyi Glass first half profit 31.2% to HK$842 million
The glass maker’s turnover surges by 46.5% despite challenges brought by Europe, USA and China business environments.
Groupon Hong Kong to launch 'Getaways' specialty deal site
The site enables Hong Kong travellers to explore global vacation options.