Hong Kong

This brings the number of licensed banks in Hong Kong to 155.

These will be for public tender between 9 November to 7 December.

Passenger load factor also fell by 1.5 percentage points to 78.2%.

Only 34% of local companies believe in their ability to retain talent.

FEC believes the properties could fetch HKD 2.8 billion in revenue.

Only 4 in 10 Hong Kong employers rate their current leadership capabilities as good.

Its HQ in Mongkok will be redeveloped into three 25-storey towers.

The 75% rebate on landing charges will stand pat.

Hong Kong Exchanges and Clearing Ltd intends to offer new commodities about two years from now following its purchase of the London Metal Exchange.

Switzerland is opening a new business promotion office in Hong Kong to help its small and medium enterprises do business in the city and on the mainland.

Shanghai Fosun Pharmaceutical (Group) Company said it could raise up to US$591 million in its coming Hong Kong IPO.

Developers cleared only 116 units this past weekend, says Nomura.

HK home prices are now 8% higher than the 1997 peak.

The extension may yield 40,000-50,000 home units.

The expectation is 10 to 20 percent in two to three years.

The proposal will be talked about at the Legislative Council meeting on 17 October 2012.