Hong Kong
It doesn't end with pork: Hong Kong’s inflation shoots to 35-month high
The country’s consumer price inflation rose to 5.6% yoy in June.
It doesn't end with pork: Hong Kong’s inflation shoots to 35-month high
The country’s consumer price inflation rose to 5.6% yoy in June.
MTR Corp hires Jay Walder as CEO
Walder, chairman of New York’s Metropolitan Transportation Authority, will head Hong Kong’s urban rail operator come 2012.
China Everbright Bank needs more institutional buyers
The bank so far has gotten commitments for about one third of its Hong Kong share sale.
ICBC eyes more than $31b profit in 2011
This represents a 21 percent growth compared to 2010.
China Shenhua Energy’s commercial coal output up 28.6%
The output for the first half of 2011 was 140 million tones.
Hong Kong launches code for treasury markets
The code lays down minimum standards which institutions should follow in their treasury market activities.
Hong Kong consumer prices up 5.6% in June
Only the durable goods sector suffered a 3.7% drop in prices.
Exchange Fund posts $46.3bn income during the first half
The fund rakes in $43.6bn net investment income amidst the asset markets’ volatility in the first half of the year.
LPG prices to go down
Ceiling prices will range from $4.44 to $4.86 per litre in August.
China Guodian Corp unit mulls HK listing
Guodian Technology and Environment Group Co Ltd plans to raise 5 billion yuan.
Oriental Overseas Container Line faces disappointing year
The Orient Overseas (International) Ltd subsidiary suffered from difficult trading conditions in the first half of the year.
iBond subscription amounts to HK$13b
This represents a 30 percent oversubscription.
Hong Kong smartphone users keen on news apps
A survey revealed that most apps are used to look for various information and entertainment from the Internet via mobile devices during commuting time.
Eternite acquires Larry Jewelry in Hong Kong and Singapore
The move allowed the company to rapidly expand into retail jewelry business across Asia to drive growth.
ACE Life unveils ACE Select Top-Up Medical Plan
The plan guarantees renewal till age 100 at affordable premiums with guaranteed conversion right while offering more comprehensive medical coverage for individuals aged between zero and 65.
Standard Chartered appoints Darcy Lai as Regional Head
Darcy will head Origination and Client Coverage and was most recently with Barclays Capital as Head of Investment Banking and Debt Capital Markets in Asia Pacific.
Hong Kong is the most popular city for international businesses: survey
Almost 70% of international companies surveyed are represented in Hong Kong.
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