Friday, April 15, 2011
Moody's Investors Service on Thursday downgraded China's property sector to “negative” from “stable” as it warned that rising interest rates and reduced bank lending would dampen demand.
Thursday, April 14, 2011
Hong Kong's financial chief said Wednesday that overall property prices had passed their 1997 peak in February and would look at introducing more measures to cool the city's red-hot market.
Tuesday, April 12, 2011
Billionaire Li Ka-shing's yuan-denominated property trust opened for sale in Hong Kong Monday, in a landmark deal analysts described as a milestone in moves to turn the yuan into a global currency.
Attacks on Hong Kong business websites that would stop only with payment of cash have increased and become hard to ward off as they come in an unusual scale that crushes and overwhelms.1 Comment
Monday, April 11, 2011
The world's first yuan-denominated shares to list on a stock exchange outside mainland China will start trading in Hong Kong on April 29, managers said Sunday, as companies seek to tap surging investor interest in China's appreciating currency.
Wednesday, April 6, 2011
Visitors from mainland China were Hong Kong's biggest spenders in 2010, running up till receipts of around HK$7,453 each (US$958), figures released by the Tourism Board Monday showed.
Tuesday, April 5, 2011
Hong Kong is speeding up approval of work visas for professionals fleeing quake-hit Japan, immigration officials said Monday, as the city tries to snap up top-class staff in the finance sector.
Tuesday, March 29, 2011
A group of investors in now bankrupt Lehman Brothers in Hong Kong on Monday demanded a full refund of the money they lost, dismissing a settlement offer as “unfair.”
Monday, March 21, 2011
Hong Kong has a surprisingly small number of cyclists. Daredevil mini-bus drivers and narrow diesel-fume choked streets deter all but the bravest riders in the city. Yet those seeking two-wheel thrills don't have to look far. For a leisurely outdoor excursion, the New Territories and Outlying Islands offer a wealth of trails and paths to discover.
Friday, March 18, 2011
The Macau casino giant owned by tycoon Stanley Ho saw net profit almost quadruple last year, the firm said, days after a family feud over his multibillion dollar empire was settled.