Hong Kong
Dragonair Youth Aviation Academy takes flight
                                                                                 
                    
                    	The carrier set to provide opportunities to hone the younger generation’s skills in the field of aviation.
                
                                
            Dragonair Youth Aviation Academy takes flight
                                                                                                                 
                            
                            	The carrier set to provide opportunities to hone the younger generation’s skills in the field of aviation.
                        
                                                
                        
    
                    Noble Jewelry 2010 profit up to HK$7.6mn
                                                                                                 
                        
                        	Jewelry market benefitted from increasingly strong consumption sentiment, particularly in the Middle East and Asia, as global economy rebounds.
                    
                                        
                    
                Plans for Insurance Authority revealed
                                                                                                 
                        
                        	A licensing regime will be introduced as the authority holds a direct regulatory role over the conduct of insurance intermediaries.
                    
                                        
                    
                Visitor arrivals up 14.7% in May
                                                                                                 
                        
                        	Appreciation of the yuan against the Hong Kong dollar was named one of the drivers.
                    
                                        
                    
                LPG prices to fall in July
                                                                                                 
                        
                        	The new range will be from $4.70 to $5.11.
                    
                                        
                    
                We won't change our best lending rate: HSBC
                                                                                                 
                        
                        	It remains at 5.00 per cent.
                    
                                        
                    
                DHL invests HK$1.1bn in Asia Pacific air network expansion
                                                                                                 
                        
                        	Adds three 100 tonne payload B747-400 BCFs to the air network on three high capacity routes as it demonstrates commitment and growth potential in Asia Pacific.
                    
                                        
                    
                MPF annual average return rate stands at 5.4%
                                                                                                 
                        
                        	The overall return of MPF has been higher than its annualised inflation rate of 0.8% since 2000.
                    
                                        
                    
                Hong Kong and European Free Trade Association members ink free-trade pact
                                                                                                 
                        
                        	Trade in services, goods and in investment; and protection of intellectual property are covered in Hong Kong’s first free-trade agreement with the European economies.
                    
                                        
                    
                Is Hong Kong’s banking sector in trouble?
                                                                                                 
                        
                        	The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.
                    
                                        
                    
                Office space shortage drives tenants to Singapore
                                                                                                 
                        
                        	A consultant went on to say that Hong Kong has not managed its land supply well. This as multinational companies expanding in Asia are said to be turning increasingly to Singapore for their regional bases.
                    
                                        
                    
                HSBC appoints Simon Williams Group Head of Wealth Management
                                                                                                 
                        
                        	The Camelot Financial Capital Management LLC founder will be based in Hong Kong effective 11 July 2011.
                    
                                        
                    
                BlueFocus Communication Group invests in Financial PR Group
                                                                                                 
                        
                        	BlueFocus to assist China and Hong Kong expansion of Financial PR Group, already a leading investor relations brand in Singapore and Greater China.
                    
                                        
                    
                IMAGI stays in the red with HK$623.6mn loss
                                                                                                 
                        
                        	Yet the company envisions itself to be a branded family entertainment powerhouse in the Greater China area and beyond through the newly acquired Toon Express group.
                    
                                        
                    
                Bauhaus 2010 profit up to HK$115.5mn
                                                                                                 
                        
                        	The Group targets to further penetrate into China market by opening 20 to 30 shops in prime cities including Beijing, Shanghai, Guangzhou and Nanjing.
                    
                                        
                    
                Chu Kong Shipping Development enters management agreement with parent company
                                                                                                 
                        
                        	Leverages experience and expertise in management and operation of its parent company’s assets while it appoints Liu Weiqing as chairman.
                    
                                        
                    
                Inflation hits 34-month high of 5.2% yoy in May
                                                                                                 
                        
                        	Though a touch lower than expectations for 5.3%, it still sat above market expectations for 5.0%, says HSBC.
                    
                                        
                    
                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                