Hong Kong
Hong Kong tourist arrivals grow 22% in August
Hong Kong tourist arrivals grow 22% in August
China arrivals rose 27.7% to 2.37mln while South Korea arrivals rose 35.7% due to won appreciation.
HSBC’s Finance Director eyed as chairman candidate
Lender’s independent directors on a search for its chairman’s replacement as Green will join British government.
OP Financial strikes deal with China Investment Corporation
Total paid up capital of US$16.5mln received for investment in Kazakhstan Agriculture sector.
Hong Kong approves 3 airlines' fuel surcharges hike
All Nippon Airways, Cathay Pacific and Singapore Airlines raise fuel surcharges by 3-5%.
AIA's $15bln HK IPO receives in-principle approval
AIG is selling assets to help repay $182.3bln government bailout.
Highways Department signs two $6.65bln bypass works contracts
Contracts awarded to China State Construction Engineering and Leighton Contractors for Central-Wan Chai Bypass project.
Groups propose scripless securities market in Hong Kong
Paperless option to become effective following necessary legislative changes and when the market is ready.
NAR starts trial production at Khar Yamaat Alluvial gold mines
Approximately 1,200 grams of raw alluvial gold recovered in Mongolia expected to generate cash flow.
Cathay Pacific to purchase six more Boeing 777-300ERs
HK$12.5bln deal to enhance operations on long-haul routes with high-efficiency aircrafts capable of reducing environmental impact.
MicroPort raises HK$1.5bln in Hong Kong IPO
Proceeds will be used to develop new products, acquire businesses and expand company’s production facilities.
HSBC to divest Asian wholesale banknotes business
UOB to acquire US$15mln operations that has 120 full-time employees located in major Northeast Asia cities.
Second quarter service activity output up 6.3%
Net output for construction sector up 16.3% behind surge in public-sector works.
Hong Kong's air pollution reaches record high
70% of Hong Kong respondents in an April Gallup survey showed dissatisaction with their air quality.
Cathay Pacific and Japan Airlines to expand code-share arrangements
Move to give passengers more flexibility and choice when travelling between Hong Kong and Japan.
NAR completes initial blasting of the Mongolia mine
Approximately 20,000 tonnes of iron ore in Oyut Ovoo readied for immediate trial production.
Minmetals Land and Vanke Beijing to acquire RMB336mln lot
280,000 sq. m. land in Xianghe to be developed modern eco-community to accelerate city’s urbanization.
Lippo Investments Management Hong Kong office opens
LIM’s investment team can screen over 6,000 ETFs listed worldwide using its 60 years experience.
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