Hong Kong

Investors are also starting to pay more attention to industrial premises as revitalisation of industrial buildings policy brings renewed demand for industrial premises.

The lot with site area of 1,659.4 square metres designated for non-industrial purposes was sold for a premium of HK$55.27mn.

The regime aims to regulate the sale and marketing of MPF products before the implementation of the Employee Choice Arrangement.

Thanks to Chinese tourists and maybe ‘Apple’?

The HK$18.8b sale is the biggest ever for Swire Pacific.

The luxury watch retailer said its chairman did it to obtain a $100 million loan from Swatch Group for private investment.

It plans to invest up to $581m for the stake acquisition.

This is the lowest increase though since 2009.

European-based clients looking for a share registry solution in HK now have another option.

Economists at HSBC raised it from 5.5 to 6.4 for 2011.

Mainland Chinese buyers accounted for 40% of firsthand purchases of luxury property in the city during the first half of the year.

The plan for the initial public offering in Hong Kong was confirmed by chairman Ni Xiangrong.

It aims to improve cross-border commercial banking services.

The total worth is $217.3m.

Prices grew strongly by 7.3% qoq in 2Q11.

Platform enables the lender’s existing credit card customers to search and redeem special offers.