News
Cathay Pacific adds 12 new Boeing aircrafts to fleet
The new airplanes amounting to HK$25.6bn at list price stressed the airline’s commitment to operate a modern and efficient fleet.
Cathay Pacific adds 12 new Boeing aircrafts to fleet
The new airplanes amounting to HK$25.6bn at list price stressed the airline’s commitment to operate a modern and efficient fleet.
RMB15bn sovereign bonds to be issued Aug 17
RMB5 billion in five-year bonds, RMB3 billion in seven-year bonds and RMB1 billion in 10-year bonds will be made available for institutional investors.
Hong Kong’s land sale will continue
Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.
Hong Kong forex reserves surged by US$1.6bn in July
The total foreign currency reserve assets at the end of the month amounted to US$279bn.
Currency peg with the US dollar stays put
Hong Kong does not intend to make changes even with US’ recent credit rating.
Knight Capital to close its Hong Kong office
The electronic trader will also lay off 6% of its global workforce.
Hang Seng Index adds 2 new indexes to its Corporate Sustainability Index series
Hang Seng Index also granted licence to Hang Seng Investment Management to launch new fund to track the Hang Seng Corporate Sustainability Index.
Hong Kong is the most expensive office location in Asia Pac
As office rents rose 3.9% qoq to US$122.03 per sq ft per year in 2Q11.
Hong Kong keen on China’s RMB20bn sovereign bond issue
The Mainland’s third bond issuance seen as support for Hong Kong's development as an offshore renminbi business centre.
Hong Kong’s PMI rises to 51.4 in July
As new orders show resumption in growth.
HSBC's pre-tax profit up 16% to US$6.8b in H2 2011
And Hong Kong delivered delivered profits of US$3.1 billion, up 7%.
Hong Kong becoming more attractive destination for MICE
'MICE' arrivals up 10% to 725,779, 43% of which were arrivals from China.
HK recognized as quality flag administration by USCG
Hong Kong became among the six flag administrations added this year to the Qualship 21 programme.
Hong Kong’s industrial property rentals seen to rise 12%
Investors are also starting to pay more attention to industrial premises as revitalisation of industrial buildings policy brings renewed demand for industrial premises.
Consultation respondents demand statutory regime on MPF products
The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.
Hong Kong's retail sales surge to 21% in two months
Thanks to Chinese tourists and maybe ‘Apple’?
Yuan deposits in Hong Kong up 0.9%
This is the lowest increase though since 2009.
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