hong kong economy

Hong Kong Shares Inch Higher

After the drop in the Hang Seng Index due to the news of Kim Jong-il’s death and fears of instability in the region, Hong Kong stocks were able to rebound and close up 0.1 percent. Business Week reports: The Hang Seng...

Hong Kong Sees 20 IPOs From Mainland by Dec. 31

Although listings of mainland Chinese companies fell this year in the Hong Kong market, it is expected that as many as 20 companies are planning initial public offerings. Business Week reports: While about 110 companies are...

Hong Kong to Subsidise Housing after Public Anger

The recent boom in Hong Kong housing prices led to the discontent and frustration of many families. The government now plans to make thousands of homes available to lower income families by reinstating a revision of a housing...

Apple to Open First Hong Kong Store

As part of the company’s rapid expansion in the greater China region, Apple is planning to open their first store in Hong Kong this month, Bloomberg reports: The store, located inside the International Finance Center Mall...

Foreign Companies Still Flock to China, Study Finds

A rare bit of positive economic news for China, from the International Herald Tribune, which reports that foreign investment in Hong Kong, and on the mainland, is not slowing despite the financial crisis: Many of the expansions...

Hong Kong, China Expand Free-trade Agreement

From Reuters: Hong Kong expanded a free-trade deal with mainland China on Tuesday in an agreement that includes giving mining and exploration companies and related services easier access to the Chinese market. The trade...

Two Threats to Hong Kong

From International Herald Tribune: This city is between a rock and a hard place. Its separate identity and unique commercial advantages are in danger of being slowly squeezed between the ambitions of neighboring Shenzhen and...

Rebuilding China’s Bridge To The World

From Sydney Morning Herald: Of the 10 bridges that connect Hong Kong’s extensive road network, none is more impressive than the Tsing Ma crossing linking Kowloon and the rest of the peninsula to the gateway airport on...

Hong Kong Sees Highest Inflation in A Decade

High inflation isn’t just limited to the Mainland; Hong Kong is feeling the heat too. From Financial Times : Hong Kong’s inflation rose to its highest level in ten years last month, pushed by rising food prices and rents....

Dubai, Hong Kong and China Join Hands to Boost Coloured Stones Trade – AME Info

While thousands of people in Hong Kong demonstrated for full democracy in the former British colony, Hong Kong and China join hands at a trade meeting in Dubai. From AMEINFO: Under the terms of this agreement, DMCC and HKGMA will design initiatives aimed at promoting the coloured stones and pearl trade through trade forums, exhibitions, […]



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