News
Closer monitoring for short selling
Rules providing for a new short position reporting regime will be gazetted on March 23.
Closer monitoring for short selling
Rules providing for a new short position reporting regime will be gazetted on March 23.
HKIA scheduled to open third runway by 2023
The Executive Council’s endorsement of the the construction of a third runway at Hong Kong International Airport should see the new runway completed by 2023.
Outward processing exports to the Mainland slow down
Hong Kong exports to mainland China for outward processing fell slightly during the 4th quarter of 2011 year-on-year.
GNP, GDP improve in 4Q 2011
Hong Kong's gross national product rose 7% to $511.3 billion in the fourth quarter last year over the same period in 2010.
Hong Kong banks tough enough, says Fitch
Fitch Ratings believes Hong Kong banks will withstand potential losses resulting from a new global economic slowdown.
BEA opens 31st branch in Guangdong
Hong Kong-based Bank of East Asia maintains its standing as the indigenous Chinese bank with the largest branch network in Guangdong.
Basel III to be implemented in 2013
No pain, no gain for Hong Kong’s banking industry.
“Ganbei!” to Jackie Chan Moutai
But does it have a kick like its namesake?
Foreign currency reserves rise
Hong Kong's official foreign currency reserves amounted to US$294.7 billion at the end of February, up US$1.9 billion on January, the Monetary Authority said.
Li leads list of Asian billionaires
After a lapse of seven years, Hong Kong billionaire Li Ka-shing is again Asia’s richest person.
Hong Kong to soon allow some Japanese food imports from Fukushima
Hong Kong will soon remove some restrictions on food imports from Japan imposed because of the nuclear crisis caused by the nuclear accident at Fukushima Prefecture.
Government approves Sheung Shui residential developments
The Lands Department has issued a pre-sale consent involving 235 units in residential development in Sheung Shui in the New Territories to be completed by next year. The residential developments total 7,690 units. Three developments with a total of 143 units will be completed this year. Sixteen residential and one commercial application for pre-sale consent were being processed at the end of February. Ten developments involving a total of 7,171 units will be completed next year, and two involving a total of 327 units will be completed in 2014.
CEB trims IPO to US$3 billion
China Everbright Bank Co., Ltd has lowered expectations for its forthcoming IPO in Hong Kong.
Asset bubble could spell more problems for Hong Kong
Talk about the bad coming with the good.
Retail sales up slightly but disappoint heavily
The Lunar New Year did spike retail sales but not enough, according to some analysts.
Prudential headed for Hong Kong?
Rumors have begun swirling that Prudential is considering moving its headquarters to better withstand tougher capital rules putting increased pressure on its balance sheets.
Jersey and Hong Kong to do more business
The Bailiwick of Jersey in the English Channel and Hong Kong have signed a Double Taxation Agreement to avoid double taxation and prevent fiscal evasion in both states.
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