Business

Hong Kong Issues Advice On RMB Investment Products

Mary Swire Tax-news.com 17.01.2012
Hong Kong Issues Advice On RMB Investment Products

Hong Kong’s Securities and Futures Commission (SFC) has published a list of frequently asked questions on its website to help investors understand the key features and risks specific to a new class of investment products which directly invest in m...

China to Encourage More Yuan Listings in Hong Kong

FIONA LAW The Wall Street Journal 17.01.2012
China to Encourage More Yuan Listings in Hong Kong

Chinese securities regulators plan to encourage more mainland companies to seek yuan-denominated listings in Hong Kong, with further revisions to rules governing listings outside the mainland, a senior official said.


Hong Kong's foreign assets rise over $1b in Dec

Hong Kong's foreign assets rose HK$8.1 billion ($1.0 billion) to HK$2.2 trillion at the end of December, the city's Exchange Fund said here on Friday.

Hong Kong Brokers Boo Exchanges' Li to Protest Shorter Lunch

Kana Nishizawa and Fox Hu San Francisco Chronicle 13.01.2012
Hong Kong Brokers Boo Exchanges' Li to Protest Shorter Lunch

Hong Kong securities traders and brokers, who last year lost the longest lunch break of the world's 20 biggest exchanges, marched to the city's bourse and booed at executives to protest a further reduction.


Hong Kong Resumes Live Poultry Imports

JEFFREY NG The Wall Street Journal 13.01.2012
Hong Kong Resumes Live Poultry Imports

Hong Kong authorities approved the resumption of imports and sales of live poultry Thursday, following a three-week ban imposed after a dead chicken tested positive for a lethal strain of bird flu.

Hong Kong Equipped to Host Corporate Headquarters, HSBC Says

Hong Kong, where China’s biggest banks are listed, has the infrastructure, services and legal system to host global headquarters for companies, according to HSBC Holdings Plc Chairman Douglas Flint.


Hong Kong market watchdog ups trading floor inspections

Hong Kong's financial watchdog has ramped up inspections of trading floors and asset management houses in the city as concerns grow that choppy market conditions could push some firms to the brink of failure.

Hutchison Telecom Hong Kong and Vodafonelaunch a strategic partnership in Hong Kongas part of an agreement with the Conexus Mobile Alliance

Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH, Stock Code: 215) today announced that its mobile arm, Hutchison Telecom Hong Kong (HTHK), has launched a strategic partnership with Vodafone in Hong Kong as part of a wider agreement ...


Hong Kong Securities Brokers Plan Lunch-Break Protest Today

Kana Nishizawa and Marco Lui BusinessWeek 13.01.2012
Hong Kong Securities Brokers Plan Lunch-Break Protest Today

Securities traders and restaurant staff will protest outside the Hong Kong stock exchange offices today over the bourse’s plan to reduce its lunchtime trading break.

Record breaking visitors for Hong Kong

e-Travel Blackboard 12.01.2012
Record breaking visitors for Hong Kong

Breaking its 2010 record, visitor arrivals to Hong Kong in 2011 reached a staggering 41.92 million, a 16.4 percent increase from the previous year.


Hong Kong Airlines to increase fleet, expand regional presence

By adding more than 50 new aircraft over the next four years, Hong Kong Airlines (HKA) is taking yet another step toward unseating Hong Kong flagship carrier Cathay Pacific from its position of dominance in the region.

Hong Kong Disneyland considers further expansion

China Economic Review 12.01.2012
Hong Kong Disneyland considers further expansion

Hong Kong Disneyland said on Tuesday it is considering further expansion after reporting higher visitor numbers, and a lower than expected annual loss, The Wall Street Journal reported.


Hong Kong Wins Best Asian City for Events, HKCEC Wins Top Venue

Hong Kong has been awarded Asia’s best city for events in the annual CEI Industry Awards organised by CEI Asia. The city’s two main convention and exhibition venues, namely the Hong Kong Convention and Exhibition Centre (HKCEC) and AsiaWorld-Expo ...

Reed Smith suffers exodus of 50 staff in Hong Kong

A total of 50 staff including 15 lawyers have left Reed Smith’s Hong Kong arm to join newly established Hong Kong firm Howse Williams Bowars (HWB).


Ex-Soros Trader Said to Return Outside Money in Hong Kong Hedge Fund Penta

Former Soros Fund Management LLC trader John Zwaanstra plans to return outside capital in Penta Investment Advisers Ltd., the Asia-focused hedge fund he set up in 1998, said two people with knowledge of the matter.

Hong Kong Keeps Ban on Some Poultry Imports Due to Avian Flu Tie

Poultry imports from the part of southern China where a man died from the H5N1 virus remain banned in Hong Kong after genetic tests linked the man’s strain of the disease the version found in wild birds in the city.


HKEx finance chief quits

Futures and Options Intelligence 05.01.2012
HKEx finance chief quits

The chief financial officer at Hong Kong Exchanges and Clearing is to step down in March.

Retail sales value up 23.5 pct in HK

雪萌 People's Daily 05.01.2012
Retail sales value up 23.5 pct in HK

The value of total retail sales in November was provisionally estimated at 33.4 billion HK dollars, a 23.5 percent increase over a year earlier, the Census & Statistics Department of the Hong Kong government said Tuesday.


HK shares to open down 1.3 pct, Chinese developers in focus

Hong Kong shares were set to start the week lower on Monday, dragged down by weakness in Chinese property developers after data over the weekend suggested November housing price growth was the slowest this year.

Hong Kong securities watchdog ends probe of Macau casino firm Sands China, won’t take action

A Macau casino operator controlled by billionaire Sheldon Adelson’s Las Vegas Sands Corp. says Hong Kong’s securities watchdog won’t take any action after ending a probe of possible breaches of finance regulations.



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