Hong Kong

Hong Kong Q3 rebound suggests slowdown has hit bottom

Modest recovery underway, says Hang Seng Bank.

Kitchen Culture subsidiaries enter into JV agreement in Hong Kong

KHLHK will hold 40% of the issued and paid-up share capital of the JVC.

Fraser and Neave Hong Kong unit fails to get approval for privatisation

The proposal for Frasers Property (China) Limited's privatisation was not approved by the requisite majority at a court meeting. It was also disapproved by more than 10% of the votes attaching to all the shares held by the independent shareholders.

Resilient domestic demand keeps HK trade from crashing

Positive wage growth also had a hand in keeping trade at levels still "comfortably above" the 2008 crisis, says HSBC.

Asian bourses dragged down by US jobs data

Hong Kong and the Philippines were the biggest losers as at noon of 9 July 2012, down by around 1.5% each.

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.

Hong Kong inflation in May projected at 4.3%

There is expected easing of inflation measured by the CPI from 4.7% in April.

Hong Kong issues measures supporting liquidity in offshore RMB market

The move is said to be in response to tighter RMB liquidity conditions due to recent deposit withdrawals.

Immediate changes to the HKD peg unlikely: analyst

Given problems with the alternatives, BBVA Research does not think changes to the HKD peg will happen in at least the next 3-5 years.

Asian equities respond favourably to EU bailout

Markets were in positive territory with Hong Kong outperforming up almost 2%.

Macquarie Investment Management names Axel Maier as Head of Asian Distribution

Mr. Maier has 19 years experience in the institutional distribution industry.

Retail sales in Hong Kong hold firm despite shaky financial environment

A 2% GDP is expected as trends in staple and luxury goods consumption revealed both high income and lower to middle income households have kept up their spending.

Hong Kong business conditions improve but only slightly

The economy’s sails have yet to pick up wind even as sufficient new business continues to support job creation, says an analyst.

Software-defined networking – Is it really the future of Networking?

Or, is it just a land grab to try and push Cisco out of its current huge dominance of the networking market?

Hong Kong inflation eases in 1Q12

Inflation is expected to normalize further from 2011’s peak of almost 8%.

Mermaid Maritime Public appoints Bruce Gemmell as CEO

He carries out the strategies and policies as established by the Board and for the overall management, development and financial performance of the group.