Hong Kong
HKEx profit up 3% to $2.26bln
Exchange to tap growing Renminbi-denominated products whilst it seeks to draw international listings.
HKEx profit up 3% to $2.26bln
Exchange to tap growing Renminbi-denominated products whilst it seeks to draw international listings.
Mobile phone operators move to prevent 'bill shock'
65% of 535 complaints received by government are billing disputes with bill shocks as key contributor.
Cathay Pacific and Dragonair combined passenger volume up 19.5%
Airline to cater growing demand to and from Hong Kong on both long-haul and regional routes.
CLP promotes low-carbon living among youth
Ten shortlisted teams of secondary students presented their achievements of promoting low carbon living for CLP’s “Young Power Award”.
ICBC to pay $10.8bln to take Hong Kong unit private
Move can bring more flexibility to tap its resources as the business continues to develop.
OOCL, Evergreen, Simatech Shipping to launch new liner service
Five 2,700 TEU ships to travel on Southeast Asia-India-Middle East route in a 35-day voyage.
China Wireless profit up 740.4% to HK$270mln
While operating profit and shipment for first half skyrocket, gross profit margin dropped 4.5 percentage points.
Cathay Pacific to reinstate more capacity as demand increases
Carrier to add 4% more overall passenger capacity to match 2008 pre-financial crisis levels.
Hong Kong’s largest solar power system gets commissioned
The largest solar power system in Hong Kong has been commissioned by HK Electric. Located on Lamma Island, the system is expected to generate 620,000 units of electricity annually.
Swire Pacific profit soars to $14bln
Group confident that investments in its core businesses during economic downturn instrumental weathering future economic uncertainties.
North Asia Strategic profit up 239% to $7mln
Hi-tech distribution & services division increased 167.7% and 19.8% respectively as Group continues to monitor risks.
Optiled and Astri to bring LED lighting to Hong Kong
Launch of jointly developed Super Star LED lamps features energy efficient lighting technology.
Hang Seng sees 30% yuan deposit growth
Lender has raised its loans-to-deposit ratio to 58% behind 1.77% first half net interest margin.
Hong Kong Resources issues $216mln convertible bonds
Move aims to strengthen capital base and accelerate retail businesses expansion in the Greater China region.
Cathay Pacific profit skyrockets to $6.8bln
51.1% increase in fuel prices, economic fluctuations and volcanic eruptions can pose threat to sustained growth.
Qool to distribute BlackBerry smartphones in Hong Kong
To work with RIM to provide product training, marketing support and point-of-sale materials.
Monetary Authority approves Octopus auditor's appointment
Deloitte Touche Tohmatsu to report whether any third parties had access to Octopus cardholders' personal data.
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