Tag Archive | "Digest"

PRESS DIGEST – Hong Kong – April 16

PRESS DIGEST – Hong Kong – April 16 The much-heralded HK$ 67 billion ($ 8.64 billion) high-speed railway linking Hong Kong with Guangzhou – the most expensive ever built per kilometre – has been delayed by up to two years due to "unforeseen difficulties". (link.reuters.com/nyr58v). Full News here – Read more on Reuters

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PRESS DIGEST – Hong Kong – March 31

PRESS DIGEST – Hong Kong – March 31 Scores of Taiwanese took to the streets of Hong Kong on Sunday in solidarity with the 500,000 demonstrators outside President Ma Ying-jeou's office in Taipei who are opposing a trade pact with Beijing. (link.reuters.com/ras97v). — Seawater … Full News here – Read more on Reuters

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PRESS DIGEST -Hong Kong – March 18

PRESS DIGEST -Hong Kong – March 18 Hong Kong exporters are much more confident about their prospects in the first quarter of 2014, driven by machinery product orders as manufacturers gear up for a rebound in demand, a quarterly survey by the Hong Kong Trade Development Council showed … Full News here – Read more on […]

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PRESS DIGEST -Hong Kong – Feb 19

PRESS DIGEST -Hong Kong – Feb 19 Hong Kong must play an active role in developing an international network for cross-border business in the yuan if it is to maintain its leadership in a global market for the currency that could grow by 300 per cent over the next decade, Hong Kong … Full News […]

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PRESS DIGEST- Hong Kong – Feb 6

PRESS DIGEST- Hong Kong – Feb 6 Hong Kong used to be a major transit point for the kangaroo route between Europe and Australia, but the city is in danger of losing its shine as a hub for the extra-long flight with the rise of Middle East carriers in the Australian market. (link … Full […]

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PRESS DIGEST- Hong Kong – Feb 5

PRESS DIGEST- Hong Kong – Feb 5 Dozens of Hong Kong-based cabin crew could lose their jobs after Virgin Atlantic announced it would suspend its daily service between Hong Kong and Sydney from May 5 as part of a cost-cutting plan after losses of 173 million pound ($ 282 million) in the … Full News here […]

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PRESS DIGEST – Hong Kong – Jan 15

PRESS DIGEST – Hong Kong – Jan 15 Hong Kong's Chief Executive, Leung Chun-ying, will unveil a HK$ 3 billion ($ 386.89 million) scheme in his policy address to give an annual financial boost to 700,000 people from low-income households. (). — While it expects growth in the mainland … Full News here – Read […]

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PRESS DIGEST – Hong Kong – Jan 14

PRESS DIGEST – Hong Kong – Jan 14 (link.reuters.com/kyf95v). — Shuanghui International, China's largest meat processor, plans to apply as early as next week for a listing on the Hong Kong stock exchange to raise up to $ 6 billion, said people familiar with the situation. (link.reuters … Full News here – Read more on […]

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PRESS DIGEST -Hong Kong – Jan 13

PRESS DIGEST -Hong Kong – Jan 13 Tax breaks will form the core of a Hong Kong government plan to reduce its swelling public hospitals budget and shift the burden to the private sector. (link.reuters.com/hax85v). — Global sourcing and distribution company Li & Fubng plans to make no … Full News here – Read more […]

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PRESS DIGEST- Hong Kong – Jan 7

PRESS DIGEST- Hong Kong – Jan 7 Power Assets Holdings Ltd, an international utilities firm controlled by Asia's richest man Li Ka-shing, said its shareholders had approved a proposed spin-off listing of its Hong Kong electricity arm, paving the way for a fund-raising scheme worth up … Full News here – Read more on Reuters

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PRESS DIGEST -Hong Kong – Dec 11

PRESS DIGEST -Hong Kong – Dec 11 Households in Kowloon and the New Territories will see the cost of electricity soar 40 percent in the next five years, making it higher than on Hong Kong Island, where bills will be frozen. Hongkong Electric will freeze prices for five years while CLP … Full News here […]

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PRESS DIGEST – Hong Kong – Dec 3

PRESS DIGEST – Hong Kong – Dec 3 In a growing sign of the Chinese currency's dominance, HSBC said the city's yuan deposits are likely to grow at a faster pace than the Hong Kong dollar and other currency deposits, rising to 30 percent of all deposits by 2015 from the current 10 … Full […]

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PRESS DIGEST- Hong Kong – Dec 12

PRESS DIGEST- Hong Kong – Dec 12 Hacking of corporate computer systems is on the rise in China and Hong Kong with employee and customer records being compromised, internal records being damaged, and data for identifying clients and staff being stolen, according to a survey by … Full News here – Read more on Reuters

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PRESS DIGEST – Hong Kong – Dec 6

PRESS DIGEST – Hong Kong – Dec 6 The 3 billion yuan ($ 492.51 million) worth of Chinese sovereign bonds meant for Hong Kong retail investors were fully oversubscribed within one week, the Bank of China (Hong Kong) revealed. (link.reuters.com/qeb35v). — Cathay Pacific announced an … Full News here – Read more on Reuters

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PRESS DIGEST- Hong Kong – Dec 9

PRESS DIGEST- Hong Kong – Dec 9 Hong Kong's new home market continued its strong sales momentum, with 594 new units sold during the weekend, a 13 percent increase from a week earlier and the highest in recent years. Analysts said developers would continue their lower pricing strategy … Full News here – Read more on […]

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