Hong Kong
Hong Kong homes most expensive for billionaires
Hong Kong homes most expensive for billionaires
Homes purchased by billionaires in Hong Kong cost $10,360 a square foot, or double the price paid by billionaires in London.
Yuan falls 0.9% in Hong Kong
The currency traded in the city at record discount to the onshore exchange rate.
LPG prices to go down in October
Prices will drop 11 to 12 cents a litre.
Worst week since 2008 looms for Hong Kong shares
The Hang Seng Index, which closed down 4.9 percent at 17,912.0 points on 22 September 2011, was down 7.9 percent on the week.
3 airlines to cut fuel surcharges in October
But which airlines are these and by how much are they reducing the costs?
ACE Life Hong Kong launches ‘Y-5’ campaign and other enhanced services
The insurer introduced special premium promotion for the first 3 years for designated plans while enhancing its underwriting and claims services.
Overall consumer prices soar 5.7% in August
Inflation seen to rise further in the coming months due to surges in international food prices and private residential rents.
Second quarter Balance of Payments surplus reaches $19.6bn
Yet visible trade deficit in second quarter soared to $125.6bn.
PwC Hong Kong boosts asset management team
Developments in Asia’s fund management industry and offshore CNY market to fuel growth.
Xiao Nan Guo cancels Hong Kong IPO
The Chinese restaurants operator cited recent excessive market volatility as the reason for pulling out.
Former Morgan Stanley Executive Director joins HKEx
Sylvia Hoosen is now HKEx’s Senior Vice President and Head of Human Resources.
HKEx appoints Richard Leung as SVP and IT Division Co-Head
Mr Leung, currently Chief Technology Officer of Chi-X Global, will join HKEx in October.
Hong Kong property prices to anchor inflation expectations
Analyst says negative sentiment has clouded the property market with disappointing land auction results and major banks raising mortgage rates.
Inflation is likely to slow, expects analyst
Standard Chartered forecasts Hong Kong's CPI inflation at 5.6% in August.
Asian Citrus profit up 89.6% to RMB1.11bn
The group mulls diversification of its agricultural business into the production of tropical fruits that will ensure better utilization of the existing distribution network for fresh fruits.
Man Sang International expands into China microcredit business
The group also appoints Zhang Huaqiao as Executive Director and CEO to lead expansion.
AIA Hong Kong and Macau appoints 3 VPs
The insurer picks Adrian Au, Jim Jan Zen, and Esther Wong to align employee expertise with corporate goals.