Hong Kong

Lenovo sets up new mobile internet business group

Lenovo sets up new mobile internet business group

The new group aimed to focus on tablets, smartphones and smart TVs as the company sees potential of mobile internet.

HK labor market conditions improve at year-end

Solid economic growth in line with ever-expanding opportunities for Hong Kong service exports upon China's increasing globalization would further improve labor conditions.

HK total goods exports up 9.8% in November

The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.

Kingdee names Feng Guohua group president

Feng to lead a new four-year development strategy that would transform Kingdee from a software company to an integrated management and IT solutions service provider.

StanChart promotes renminbi products and services via roadshow

The move will cover an array of topics including renminbi overview, crossborder trade settlement, renminbi trading and bond offerings, as well as hedging and investment opportunities.

Capital-works spending to reach $49.6bln

Capital-works spending is seen to provide 62,500 job opportunities, including 6,600 for professional and technical staff, and 55,900 for workers.

Hong Kong launches pilot scheme to boost renminbi growth

Hong Kong to capitalize focus of the global economic growth in Asia in the coming five years.

HK Exchange Fund foreign assets up $13.1bn

Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.

AirAsia inaugurates Hong Kong – Medan flight

The airline connects Hong Kong to one of the booming tourist spots in Indonesia.

Oil storage renewal fees to jump to $24,550

The Government is planning to revise the license fees for oil storage installations.

HK airport passenger traffic up 10.3% in 2010

Hong Kong International Airport passenger traffic grew to 50.9 million with growth mainly driven by visitor traffic.

YouTube grabbed 11.4% corporate bandwidth

In 2010, YouTube dwarfed Facebook's 4.7% record in the corporate bandwidth.

HBA to launch 22 projects

HBA has 22 hotel and resort projects scheduled for completion in 2011.

HK's Monetary Authority keen on renminbi settlement scheme

The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.

Cathay Pacific and Dragonair passenger volume up 2.9%

Freight volumes held up well through to the end of 2010 behind year-end cancellations from competitors.

SEHK lists Telefield on Main Board

Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.

Registered companies up 28% in 2010

A record high of 139,530 local companies registered with the Companies Registry last year.