Hong Kong
Noble Group launches $2.25bln loan facilities
Amounts borrowed will be used to refinance some of the company’s debt.
Noble Group launches $2.25bln loan facilities
Amounts borrowed will be used to refinance some of the company’s debt.
Hong Kong banks’ sales process needs improvement
Monetary Authority and SFC regularly supervise banks to ensure that their duties of disclosing accurate and adequate information and presenting balanced views about investment products are practised.
Inflation may deteriorate corporate payment performance--Coface
Study says Hong Kong is vulnerable to a sudden rise in risk aversion that could lead to a bust of the real estate bubble.
HK to cooperate on labour inspection and enforcement with Guangdong
Hong Kong will conduct a Training Co-operation Agreement on Labour Inspection and Enforcement with Guangdong.
Green building to open at HK Science park
The Innovation and Technology Fund announced the opening of its new flagship building, Green 18.
Specialist conservation architect establishes first overseas office in Hong Kong
Purcell Miller Tritton opened its first office outside western Europe, its Asia-Pacific regional headquarters in Hong Kong.
China WindPower divests equity Interest in Guazhou Wind Power Project
Sale to Jilin Power generated gain of HK$198.6mn and presented a good opportunity for the Group to realise part of its investment in the project at a reasonable price.
HGC expands operations in Greater Mekong Subregion and EMEA region
The company set up new office in London to deliver its full portfolio of telecoms solutions to Europe, Middle East and Africa.
Hong Kong’s first quarter exchange fund yields $24.2bn
Monetary Authority said Hong Kong’s interest-rate cycle and capital flow will be affected by the US’ quantitative easing policy.
April new mortgage loans drawn down falls 12% to HK30bn
The proportion of new mortgage loans priced with reference to the Hang Seng Interbank Offered Rate slid to 89.8% from 91.7% in March.
Hong Kong’s April inflation up 4.6%
Surge in private housing rentals and food, excluding meals bought away from home caused the slight increase in overall consumer prices.
SFC reappoints Wong Kai-man director
Wong’s promotion of the commission's good corporate governance prompted SFC to reinstate him in his post.
Tseung Kwan O fair to offer 3,900 jobs
The Labour Department will hold a two-day job fair at Metro City Plaza II in Tseung Kwan O from May 25 to 26.
Cathay to sponsor int’l students to HK and Mainland China
The airline company will invite 40 students to participate in an eight-day programme about environment conservation.
Sino Biopharmaceutical first quarter profit up 14.6% to HK$103.28mn
The medicine producer inaugurated new exclusive patch product in China to propel business growth.
Royale Furniture to establish new production base in Nanchang
The company signed agreement with Jiangxi government for its aim to increase production capacity to tap consumers’ rapidly growing spending power.
Hong Kong property market under close watch
The government tries to ensure stable and healthy development of the property market, which is at risk of a property bubble with low interest-rates and a capital overflow.
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