Hong Kong

Neo-Neon posts 2010 profit of HK$116mn

Neo-Neon posts 2010 profit of HK$116mn

Group reported a HK$1.7bn turnover, an increase of 53.9% behind expanded production capacity.

Fairwood profit up 32.8% to HK$123.8mn

The fast food operator was able to provide more variety and better value products to our customers, which sustained its growth.

Metrojet names Wyn Li as Marketing and Client Relations Director

The company considers Li’s 20 years of marketing and sales experience in the aviation and hospitality industry an asset to its sustained business growth in Asia.

K. Wah International secures HK$1.47bn syndicated loan

Part of the loan to be used for refinancing, while the remaining will serve as general working capital to boost its financial efficiency.

IDT International still in the red with HK$49.6mn loss

Yet the company’s turnover increased 16% to HK$1.62bn while oys gross profit climbed 8% to HK$532.7mn.

China Print Power eyes listing on SEHK Main Board

The group is offering 39,000,000 shares at the range of HK$1.36 to HK$1.56 per share via its management team with an average of over 20 years industry experience.

Employees Retraining Board to increase training places to 130,000

The Government has also launched a manpower study to be completed by the end of 2011.

Hong Kong’s office market makes rapid rebound in Q1 2011

CB Richard Ellis says the country’s prime office rates climbed by 40% at the end of Q1 2011.  

Hong Kong International Airport 2010 profit up 42%

The airport had 51.5 million passenger trips, 4.2 million tonnes of cargo volume and 316,000 flight movements last year.

Hong Kong’s IPO sees best interim performance in 10 years

An expected total fund raised of HK$400bn by 2011 end as companies use Hong Kong listing to tap China market.

TAC supports proposal to fit reversing goods vehicles with video devices

The  TAC discussed the Government's proposed measures to enhance the safety of reversing goods vehicles.

Food poisoning at Jordan restaurant reportedly reach 16

Seven more people being involved in suspected food poisoning cases related to a restaurant in Jordan.

Walker Group 2010 profit up 7.6 times to HK$25mn

The company aims to open 150 new sales points to exploit growing market demand.

AEONMaxValu Prime Tsim Sha Tsui Store opens

The premium mall at the heart of Tsim Sha Tsui opens auspiciously amidst steady growth of the local economy, an improving job market and rising disposable income.

Hong Kong ranks 5th in digital literacy

Socio-economic status of Hong Kong students is said to have less effect on their performance as compared with other countries.

Imminent Hong Kong protests seen as wealth gap widens

CE Tsang’s unpopularity in survey revealing his failure to solve Asia’s biggest rich-poor divide seen to trigger protests.

China Rongsheng Machinery plant in Hefei starts operation

Group accelerates growth of its engineering machinery business while further implementing diversification of its four major business segments.