News

Closing auction might make a comeback

Closing auction might make a comeback

Hong Kong Exchanges & Clearing Ltd might resurrect a controversial practice suspended since 2009.

Dim economic outlook confronts Hong Kong

Tourism remains only one of a few bright lights in the otherwise gloomy economic landscape facing Hong Kong this year.

Swipe it! Credit card transactions up 3.4% in 1Q12

People continued to spend but at a slower pace compared to 2011 because of the unfavourable economic environment.

Gujarat seeks Hong Kong investments

A business delegation from the western Indian state of Gujarat examined bilateral business opportunities with Hong Kong.

More companies open in Hong Kong

Invest Hong Kong helps 209 companies either expand or set-up their businesses in Hong Kong in the first half of the year.

Renminbi-denominated government bonds to be issued this month

Several foreign central banks could subscribe to renminbi-denominated government bonds, said the Hong Kong government.

Hong Kong opens financial dispute resolution centre

Hong Kong takes another step to preclude massive investor losses from unregulated equities trading.

Hong Kong launches cross-border collateral management service today

Hong Kong boosts its position as a prime offshore renminbi liquidity center.

IPO investors score a victory

In a first for Hong Kong, investors burned in a bungled IPO can get some of their money back.

Hong Kong’s biggest IPO is in the works

China Everbright Bank will IPO in Hong Kong before the year ends.

Short selling now under more government scrutiny

The government now has the means to better monitor short selling.

HKEx to acquire London Metal Exchange; Maybank Kim Eng thinks it is bad news

There would be negative impact on HKEx’s balance sheet, says the analyst.

China boosts Hong Kong’s position as RMB center

China will issue sovereign renminbi bonds in Hong Kong with a total value of RMB23 billion.

Hong Kong targets Indian tourists

Hong Kong is investing HK$12.5 million to entice Indian tourists to visit the city.

AirAsia Philippines to serve Hong Kong

Budget carrier AirAsia Philippines will begin flying to Hong Kong from the Philippines on July 19.

Hong Kong dismisses Yam’s suggestion to review linked exchange rate system

There is no need for the government to change the linked exchange rate system that has served Hong Kong well over the years.

Election process for Hong Kong deputies starts

Those willing to become members of Hong Kong’s electoral council are required to register at the relevant office in Hong Kong between July 10 and 25.