Hong Kong

Green building to open at HK Science park

Green building to open at HK Science park

The Innovation and Technology Fund announced the opening of its new flagship building, Green 18.

Specialist conservation architect establishes first overseas office in Hong Kong

Purcell Miller Tritton opened its first office outside western Europe, its Asia-Pacific regional headquarters in Hong Kong.

China WindPower divests equity Interest in Guazhou Wind Power Project

Sale to Jilin Power generated gain of HK$198.6mn and presented a good opportunity for the Group to realise part of its investment in the project at a reasonable price.

HGC expands operations in Greater Mekong Subregion and EMEA region

The company set up new office in London to deliver its full portfolio of telecoms solutions to Europe, Middle East and Africa.

Hong Kong’s first quarter exchange fund yields $24.2bn

Monetary Authority said Hong Kong’s interest-rate cycle and capital flow will be affected by the US’ quantitative easing policy.

April new mortgage loans drawn down falls 12% to HK30bn

The proportion of new mortgage loans priced with reference to the Hang Seng Interbank Offered Rate slid to 89.8% from 91.7% in March.

Hong Kong’s April inflation up 4.6%

Surge in private housing rentals and food, excluding meals bought away from home caused the slight increase in overall consumer prices.

SFC reappoints Wong Kai-man director

Wong’s promotion of the commission's good corporate governance prompted SFC to reinstate him in his post.

Tseung Kwan O fair to offer 3,900 jobs

The Labour Department will hold a two-day job fair at Metro City Plaza II in Tseung Kwan O from May 25 to 26.

Cathay to sponsor int’l students to HK and Mainland China

The airline company will invite 40 students to participate in an eight-day programme about environment conservation.

Sino Biopharmaceutical first quarter profit up 14.6% to HK$103.28mn

The medicine producer inaugurated new exclusive patch product in China to propel business growth.

Royale Furniture to establish new production base in Nanchang

The company signed agreement with Jiangxi government for its aim to increase production capacity to tap consumers’ rapidly growing spending power.

Hong Kong property market under close watch

The government tries to ensure stable and healthy development of the property market, which is at risk of a property bubble with low interest-rates and a capital overflow.

OOCL undergoes movements in its senior management

Miranda Lou to succeed Taylor Gao as Director after the latter quitted his post.

Hong Kong unemployment rate up to 3.5%

Total employment rose notably in February-April, by 8,200 to 3,585,500 but outpaced by an even bigger increase in the labour force.

Xinyi Glass conducts trial run of 3rd float glass production line at Jiangmen

The group aims to meet the enormous demand in automobile glass from the global market as it target melting capacity in 2011 at 2.61mn tonnes.

Wai Yuen Tong Medicine Building in Kowloon Bay for sale

Aside from the property earning secure rental income by the long period of tenancy agreement of Wai Yuen Tong, the property is also in a prime office and retail location.