Kowloon Development Co Ltd<0034>, a Hong Kong-based real estate developer, has signed an agreement with parent Polytec Holdings International, which holds a 69.77% stake in the Hong Kong-listed firm, to fully purchase Best Award Investment and High Cheer Investment for a total of HK$857...
Hong Kong-listed TOM Group Ltd<2383>, parent of TOM Online and TOM Outdoor Media Group, announced that it returned to profitability in the first half of this year, posting HK$11.67 million in net profit. Revenues were HK$1.19 billion, compared with HK$1.33 in the same period of last year.TOM Group made...
Hong Kong's Hysan Development Co Ltd<0014>, the largest commercial landlord in Causeway Bay, has posted a net profit of HK$1.07 billion for the first half of this year, down 68.8% as valuations of investment properties declined, the Standard reported.Lower gains from securities investments dragged Hysan's...
The Forum on the Implementation of the Outline of the Plan for the Reform & Development of the Pearl River Delta Region was held in Hong Kong yesterday, sources reported. Donald Tsang, the Chief Executive of the Hong Kong Special Administrative Region, and Wan Qingliang, the vice governor of...
The seasonally adjusted unemployment rate in Hong Kong reached 5.4% in the period from April to June, 0.1 percentage points more than the 5.3% in the period from March to May, said the Census and Statistics Department. The number of jobless people increased by 3,300 to 203,000 during the period from April to...
Singapore-based Wilmar International Ltd, the world's largest listed palm oil firm, plans to list its China operations in Hong Kong in the first half of next year, said unnamed sources, the South China Morning Post reported on Monday. The company plans to raise between US$3 billion and US$4 billion via the initial...
Hong Kong-based Sa Sa International Holdings Ltd<0178>, a leading cosmetic retailer and beauty service group in Asia, plans to double its outlets in mainland China to 24 in the next nine months, as part of its plan to accelerate expansion, the Shanghai Daily reported on Friday.Sa Sa International plans to open 12...
HONG KONG, July 14 (Reuters) - Hong Kong shares are seen higher on Tuesday...
HONG KONG, July 10 - Hong Kong on Friday urged China to further ease restrictions on Chinese currency business in the territory, including allowing non-financial companies to issue bonds, following the start of cross-border yuan...
HONG KONG, July 6 - The Hong Kong stock exchange on Monday said six companies had repurchased their ordinary shares in the market. The following is a table regarding share buybacks: No. of Highest Lowest...