Hong Kong

Funding applications invited for Guangdong-HK technology cooperation

Funding applications invited for Guangdong-HK technology cooperation

The Hong Kong government invited applications for funding support for research and development projects under the 2011 Guangdong-Hong Kong Technology Co-operation Funding Scheme.   There are 23 technology areas under the first category, for which Hong Kong institutions can submit funding applications. The governments of the two sides will also jointly provide funding support for projects in 10 technology areas under the third category. The technology areas supported under the scheme are relevant to the needs of industry and will enhance economic development in the Greater Pearl River Delta region. The Commission is also inviting proposals for forward-looking and innovative applied R&D projects under Tier 3 of the Innovation and Technology Support Programme of the ITF.

Everbright Bank delays investor meetings

The meetings were supposed to promote its planned Hong Kong share offering.

China to issue 20 billion yuan bonds in Hong Kong

Its Ministry of Finance will start selling to retail investors on 18 August.

Home sales in local secondary market falls 23%

The drop over the weekend follows the decline in global stock prices.

Currency peg with the US dollar stays put

Hong Kong does not intend to make changes even with US’ recent credit rating.

Tender of 2-Year Exchange Fund Notes to be held on August 16

The Hong Kong Monetary Authority will hold a tender of 2-year Exchange Fund Notes on August 16, 2011 for settlement on August 17, 2011.

Pre-sale consent applications for residential developments await approval

Twenty applications for pre-sale consent for uncompleted residential units and three applications for pre-sale consent for uncompleted commercial development were pending approval by end of July.

Tender awarded for Hung Hom Bay site

A tender for a site at the junction of Hung Luen Road and Kin Wan Street, Hung Hom Bay Reclamation, Kowloon, Kowloon Inland Lot No. 11111, has been awarded to Janeworth Company Limited.

Labour Department to give briefing on Minimum Wage Ordinance

The Labour Department will organise a briefing on the Minimum Wage Ordinance on August 25. 

Proposed road works in Sham Shui Po gazetted

The Government published a notice in the Gazette on the proposed road works in Sham Shui Po District.

Disciplinary action taken against two registered lift contractors

ThyssenKrupp Elevator Ltd and Chun Ming Engineering Co., Ltd were found guilty of negligence and misconduct by the Registered Lift Contractor Disciplinary Board.

Public engagement process on green buildings launched

The Council for Sustainable Development launched a public engagement process to encourage stakeholders and the public to get involved in energy saving and energy efficiency in buildings.

Tsang warns investor on market fluctuations

Financial Secretary, Mr John C Tsang, said that the Government would keep a close watch on developments globally, and continue to monitor the local market to ensure its smooth operation.

Knight Capital to close its Hong Kong office

The electronic trader will also lay off 6% of its global workforce.

AAC Technologies engages in Li-ion batteries technologies

The move will enable the company to develop new products having higher energy density and a longer life cycle.

Melco Crown Entertainment plans dual listing on SEHK Main Board

The move aimed to increase competitiveness, boost liquidity to shareholders, while providing the company with access to an additional source of capital.

Dah Sing Life launches recruitment and training centre

The insurer aims to support long term business growth by broadening talent pool.