Hong Kong

China Everbright Bank postpones HK listing once more

Market sources cited market volatility as the culprit.

China Everbright Bank postpones HK listing once more

Market sources cited market volatility as the culprit.

Cosco Shipping to spend $12m for protection against piracy

Armed guards and other measures will be put in place in the Gulf of Aden and the Indian Ocean.

Longfor Properties achieves 45.7 percent of year sales target

Contracted sales totalled $2.8 billion in the first half of 2011.

Guangzhou Huanya Cosmetics plans to list in HK in September

The Chinese cosmetics company is eyeing a Hong Kong listing hearing next month.

Group assesses Mandatory Provident Fund withdrawal options

The authority will take note of Hong Kong’s practical operating situation, overseas experience in implementing different withdrawal options and stakeholders’ views.

Air China passenger traffic up 9.4% in June

For the whole month, the carrier bought 268,000 tonnes of jet fuel a surge of 35% compared to last year.

Hong Kong adults asked to consume high-iodine foods

Consumers are advised to consume a variety of high-iodine foods in light of the findings of a risk assessment study released by the Centre for Food Safety. Examples of high-iodine foods are seaweed, seafood, egg and egg products, milk and milk products.

COLOWIDE opens in Hong Kong, bolsters interest in Japanese cuisine

Taking advantage of the Japanese cuisine boom in Asia, COLOWIDE Co Ltd opened an office in Hong Kong and the first of four outlets in the city.

Tsang outlines opportunities for Canadian firms in HK

Financial Secretary John Tsang outlined the opportunities for Canadian firms in Hong Kong brought by the latter's close integration with mainland in his remarks at an Economic Club luncheon in Toronto.

Education expenditures rise from $35M to $95M in 5 years

The Education Bureau's expenditure on national education for primary and secondary schools rose from $35.3 million in 2007-08 to an estimate of $95.7 million in 2011-12.

Marriott International appoints Neelima Chopra as Chief Sales and Marketing Officer for Asia-Pacific

The position was created in accordance with Marriott International’s continental structure.

Qinfa Group buys 32% equity interest in Huameiao Energy

The move further increases supply of self-produced coal and exert vertical integrated coal supply chain advantage.

Golden Shield‘s Hong Kong IPO 79 times over-subscribed

Proceeds of HK$119mn to fund expansion of production capacity.

Cathay Pacific launches new freighter service to Bangalore

The airline expects strong interest from China and Northeast Asian countries for shipments of computers, computer components, high-value electronic goods, ICs, and garments.

Government boosts protection of telecom subscribers with industry code

Participating service providers have revised contract forms and revamped service platforms and sales and internal supporting procedures.

Government keen on proposed Competition Bill

Commerce & Economic Development secretary stressec that the bill will be instrumental in protecting SME’s right to compete in the market.

New electronic services at the e-Registry lauded

The Business Facilitation Advisory Committee commended the latest initiatives of the Companies Registry, including the provision of electronic company incorporation service and a one-stop electronic company incorporation and business registration service at eregistry.gov.hk.