Hong Kong

Government secures repurchase deal with Citibank

Repurchase offer’s total value to reach $1.06bn, covering about 92% of Citibank HK customers holding outstanding notes.

$6,000 handout scheme set to kick off

A website in the coming days to provide information on the $38.5bn plan.

HKEx conducts risk management consultation for reforms

Consultation addresses the need for the exchange to weigh in proposals to improve its risk management measures and to bring them at par with international standards.

Financial Secretary set to visit Canada

Tsang will meet top government officials and local business leaders in 3 Canadian cities to beef up economic and trade relations among the cities..

Star Alliance names Shenzhen Airlines as member carrier

Move is part of a long-term strategy to expand the Alliance’s network into China, providing the international traveller with more extensive options.

ACE Life Hong Kong appoints 4 senior executives

The appointees to fill up the insurer’s agency, marketing, operations and financial departments.

Dragon Crown and Dow to form JV

Team up strengthens Dragon Crown’s footprint in Tianjin via the JV’s chemical terminal facilities project.

HKMA alerts against fraudulent BOCHK emails

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong to e-mails purporting to be sent from Bank of China (Hong Kong) Limited (BOCHK).

Road improvement works at Tin Ha Road gazetted

The government has published a notice in the Gazette on the road improvement works at Tin Ha Road under Stage Two of the Hung Shui Kiu development project.

Amendments on SFC payments through automatic trading services gazetted

The Order and Rules for the payment of Securities and Futures Commission levies on the sale and purchase of futures contracts traded by means of automatic trading services have been gazetted.

Government names Broadcasting Authority members

The Government announced that the Chief Executive has re-appointed six serving members of the Broadcasting Authority for a term of one year from September 1, 2011, to August 31, 2012.

Staunton Street/Wing Lee Street and Sai Ying Pun and Sheung Wan plans amended

The Town Planning Board made amendments to development plans on Staunton Street/Wing Lee Street and Sai Ying Pun and Sheung Wan.

Nutrition Labelling Scheme smoothly implemented in its first year

As at June 24, the Centre for Food Safety had checked more than 16 200 prepackaged food products, with an overall Nutrition Labelling Scheme compliance rate of 99.3 %.

Court registers first conviction for defaulting on Labour Tribunal award

The director of DCDC Limited, engaged in the computer animation/information technology industry, was sentenced to a community service order of 100 hours for non-compliance of an award issued by the Labour Tribunal.

Trading in Birmingham’s shares remains suspended

The football club operator said however that its chairman’s alleged offences were not company-related.

Ernst & Young integrates its Asia-Pacific organization

It will enable Ernst & Young professionals to work seamlessly across borders.