News
Retail sales value up to over $35b
The value of total retail sales in July 2011 increased by more than 29% compared to the same period in 2010.
Hang Seng Indexes unveils two new composite indexes
Launch of Hang Seng Foreign Companies Index and Hang Seng Global Composite Index demonstrated the evolving Hong Kong capital market platform.
HKMA grants Sweden's SEB banking licence
Hong Kong now has 150 licenced banks.
Cathay Pacific to launch premium economy product
The airline wants customers of the product feel they really got value for their money.
Minimum Wage Commission to start review in Q1 2012
The needed economic and employment data will be available then.
Approved mortgage loans drop 33.7%
New applications declined 22.6% amidst fall in transaction volume in both June and July.
70% of Hong Kong netizens use the same password in multiple accounts
The survey reveals that despite rising fears of online attacks, most people do not act in response to change their risky online habits.
Hong Kong is the favorite destination of business travellers in Asia
With 38% of business travellers making business trips to the country in the first half of this year.
Workaholic Hong Kongers: Executives lead the way in burning the midnight oil
14% of Hong Kong executives work in the hotel between midnight to 6am.
SFC: We need your views
The Securities & Futures Commission is running a consultation for amendments to the Codes on Takeovers & Mergers & Share Repurchases.
Warning: Inflationary pressures to run high for a while longer
That is unless households start to react to rising prices and rein back in spending, according to an economist.
Hong Kong investors keen on China government bonds
CCB received five times more subscriptions and the subscription amount is 45 times higher than in December.
Consumer prices up 7.9% in July
Good news is electricity, gas and water prices went down mainly due to the Government's electricity charge subsidy.
Salaries of Hong Kong CEOs grew 19% in 2010
The real estate sector paid Hong Kong executives the most, with total cash compensation amounting to RMB 7.3m.
“Stay calm”: Professor KC Chan
The Secretary for Financial Services & the Treasury said this amidst the European debt crisis and a seemingly looming recession in the US.
Hong Kong’s private residential rents shoot to 14-year high
Private residential rents averaged HK$20.1/sqft in June, the highest recorded since September 1997.
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