Hong Kong

Hong Kong exports to mainland China for outward processing fell slightly during the 4th quarter of 2011 year-on-year.

The total value of credit-card transactions in the fourth quarter of 2011 hit $117.2 billion.

Hong Kong's gross national product rose 7% to $511.3 billion in the fourth quarter last year over the same period in 2010.

Vang Iek Motors (Hong Kong) Limited is pleased to announce that it becomes the distributor of Mazda Hong Kong in January. Vang Iek held a press conference today at JW Marriott, and Mr. Gary Cheung, the CEO of Vang Iek, ITOCHU Corporation - Daigen Nakajima, Vang Iek Group Macau representatives, Directors of Vang Iek, Cheng Kin Shing and Cheng Kin Ming also attended today’s press conference. Mr. Cheung explained the main reason of Vang Iek to be the distributor of Mazda Hong Kong, “our extensive experience and enthusiasm in auto-sales industry as well as outstanding sales performance and professionalism of Mazda Macau, is one of the reasons why Mazda believe in us”. As an entrepreneur of a sizable corporation with 77 years’ history in Macau, Vang Iek are devoted to provide exceptional after-sales service and it is our utter wish to score full confidence from our customers in Hong Kong. We have been partnering with Mazda for over 46 years, and we forge a closer tie this year as we become Mazda distributor in Hong Kong. We sincerely hope that our business expansion in Hong Kong will deliver prominent success in the future.  

Fitch Ratings believes Hong Kong banks will withstand potential losses resulting from a new global economic slowdown.

Social networking may be fine but good old person-to-person contacts are even better.

A star-studded launch party will be held on May 10 at Watermark to showcase the diversity of culture and talent in GREAT Britain.

70% of Hong Kong's employees don't stop working--even at home.

Hong Kong-based Bank of East Asia maintains its standing as the indigenous Chinese bank with the largest branch network in Guangdong.

Tourism helped drive-up Hong Kong’s retail earnings during the fourth quarter of 2011.

No pain, no gain for Hong Kong’s banking industry.

But does it have a kick like its namesake?

It tops the world for the costliest business spaces displacing London.

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.

Net profit attributable to equity shareholders increased to HK$14.716b.

After a lapse of seven years, Hong Kong billionaire Li Ka-shing is again Asia’s richest person.