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Wing Hing to acquire majority stake in South African gold miner
It plans to invest up to $581m for the stake acquisition.
Wing Hing to acquire majority stake in South African gold miner
It plans to invest up to $581m for the stake acquisition.
BNP Paribas joins Federation of Share Registrars
European-based clients looking for a share registry solution in HK now have another option.
GDP forecast revised
Economists at HSBC raised it from 5.5 to 6.4 for 2011.
HK luxury properties bought mostly by Mainlanders
Mainland Chinese buyers accounted for 40% of firsthand purchases of luxury property in the city during the first half of the year.
Da Feng Port to raise up to HK$3b in IPO
The plan for the initial public offering in Hong Kong was confirmed by chairman Ni Xiangrong.
ING Bank to set up department in Greater China region
It aims to improve cross-border commercial banking services.
Weichai Power to issue yuan-denominated bonds
The total worth is $217.3m.
MobileFOXX’s to provide enhanced mobile services for Bank CIMB Niaga
Platform enables the lender’s existing credit card customers to search and redeem special offers.
Sun Art Retail Group debuts in Hong Kong trading
China’s largest hypermarket operator rose 27 percent from its initial IPO price to HK$9.17 as of 9:32 am.
IMAGI sets up sales network of “Pleasant Goat and Big Big Wolf” children’s wear
Toon Express will open more than 1,100 outlets in three years to further unleashes growth of branded business.
Perception Digital eyes appointing Jebsen as distributor of 3Bays
Jebsen started introducing “3Bays Vulkano”, a mobile high definition TV streaming device for multimedia entertainment.
Negative equity mortgages in June fell to 48
Hong Kong had no loans in negative equity with delinquencies of more than three months since the first quarter.
Fortune REIT first half profit up 5.7% to HK$319.5mn
The company’s passing rent up 10.3% while occupancy rate climbed further to 98.1%.
Minmetals Land Ltd to sell land to Hebei Xiangshan government
The $113m sale means cancellation of a residential project which already has pre-sale orders.
Two residential sites up for auction
The sites are in Tseung Kwan O and Yuen Long.
We’ll bear all costs: HSBC
The bank will rectify a design problem with the new HK$100 banknotes.
Residential projects transactions up over the weekend
The record 27 transactions were among the top 10 benchmark residential projects in the secondary property market in Hong Kong.
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