Hong Kong mag names Vista Land one of top firms in RP

May 22, 2012 | REAL ESTATE

A Hong Kong-based financial publication ranked Vista Land and Landscapes Inc., the holding company for Sen. Manny Villar’s real estate businesses, as one of the top Philippine companies in different categories. (read the news…) Related items Hong Kong’s Kwok Brothers Arrested Hong Kong Shares Rise On Metal, Property Stocks Thousands protest against Hong Kong's...

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China targets infrastructure to lift economy, report says

May 22, 2012 | REAL ESTATE

BEIJING/SHANGHAI (Reuters) – China will fast track approvals for infrastructure investment to combat a slowdown in the economy, a state-backed newspaper reported on Tuesday, showing how Premier Wen Jiabao's call for policies to support growth is being put into action. The pace of investment in the likes of roads, bridges and real estate is...

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Hutchison Could Sell UK Network if 4G License Terms are Not Favourable

May 22, 2012 | TELECOM

Hong Kong based Hutchison Whampoa may quit the UK market if it is not guaranteed a slice of the forthcoming 4G spectrum auction for its local Three mobile network. (more…) Related items Recent popular content HK 2.3GHz auction raises $61m Dublin High Court Finds Against Hutchison Challenge On Eircom Bid – Sources Hutchison Resubmits...

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Peninsula shows surge in rates for first quarter

May 22, 2012 | TRAVEL

Hongkong and Shanghai Hotels (0045) saw both room and occupancy rates surge at its flagship Peninsula Hotel during the first quarter. (read more…) Related items Wednesday Peninsula, Waldorf Top Winners In 1st Forbes Travel Guide Shanghai Ranking KABA and The Peninsula Hotels Announce Working Partnership on Door Locking Systems PolyU Plays Host to 11th...

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Hong Kong In Transition: The Old Guard Is Losing Some Control

May 22, 2012 | BUSINESS

(Note: This is the first in a series of articles about changes unfolding in Hong Kong under new government leader C.Y. Leung, who will take office on July 1.) (read on…) Related items Hong Kong In Transition: Old Guard Is Losing Some Control AlixPartners opens Hong Kong head office Thousands protest against Hong Kong's new...

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Hong Kong Stock Market Looking For Traction

May 21, 2012 | TELECOM

The Hong Kong stock market has closed lower now in three straight sessions, giving away more than 950 points or 4.7 percent in that span. The Hang Seng Index finished just above the 18,950-point plateau, and how analysts are predicting further selling pressure at the opening of trade on Monday. (more…) Related items Firm...

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China Telecom 3G subscriber growth slows in April

May 21, 2012 | TELECOM

HONG KONG (MarketWatch)– China Telecom said Monday it signed 2.01 million new 3G subscribers in April, compared to 2.4 million it added in March, bringing its total subscriber base for the data service to 45.56 million. The April subscriber growth figure was the softest recorded this year. The telecom said its 3G subscriber base...

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Sotheby's Hong Kong presents a selling exhibition of works by Yayoi Kusama

May 21, 2012 | BUSINESS

Two men chat beside the sculpture of Japanese pop artist Yayoi Kusama in a newly constructed Sotheby's gallery in Hong Kong Friday, May 18, 2012. Sotheby's launched Friday its new gallery with 15,000 square feet for expanding its business in Asia. AP Photo/Kin Cheung. (read on…) Related items Chinese Estates head to be prosecuted...

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Hong Kong In Transition: Old Guard Is Losing Some Control

May 21, 2012 | BUSINESS

(Note: This is the first in a series of articles about changes under way in Hong Kong under new government leader C.Y. Leung who will take office on July 1.) (read on…) Related items Hong Kong In Transition: The Old Guard Is Losing Some Control Thousands protest against Hong Kong's new leader Hong Kong's...

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Jeweller Graff launches Hong Kong IPO roadshow

May 21, 2012 | BUSINESS

High-end London-based jeweller Graff Diamonds on Monday launched the roadshow for its reported $1.0 billion initial public offering in Hong Kong, one of the biggest this year. Graff Diamonds Founder and … (read on…) Related items Jeweller Graff Diamonds launches Hong Kong IPO roadshow London jeweller Graff eyes HK IPO to speed growth Sudan...

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Tronics Bets on High Growth of the Chinese MEMS Business and Creates “Chinatronics”

May 21, 2012 | BUSINESS

Tronics invests in a joint venture in China to strengthen its commercial activities in the region and provide local support to its customers.Grenoble, France (PRWEB) May 21, 2012 Almost ten years back, Tronics identified China as a potential high growth opportunity for MEMS. At that time, the Chinese MEMS market was in its infancy...

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Jeweller Graff Diamonds launches Hong Kong IPO roadshow

May 21, 2012 | BUSINESS

HONG KONG: High-end London-based jeweller Graff Diamonds on Monday launched a roadshow for its reported $1.0 billion initial public offering in Hong Kong, one of the biggest this year. (read on…) Related items Jeweller Graff launches Hong Kong IPO roadshow London jeweller Graff eyes HK IPO to speed growth Sudan sugar maker Kenana plans...

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Travel letters: Fantastic memories of Hong Kong

May 21, 2012 | TRAVEL

Plus, good times in Las Vegas; a different opinion on Acqua Pazza I just read Scott Kraft's article . I lived in Hong Kong from the mid-1970s to 1980, and his article refreshed my memory. Hong Kong is one location that changes ever so quickly. I...

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After $8 Million Round, 8Securities Raises Additional $1.5 Million

May 20, 2012 | OPPORTUNITY

Hong Kong-based financial trading and dashboard startup, 8Securities, has just informed us of a $1.5 million round of investment from Velocity Capital B.V. and Full Global. Both investors also led the … (more…) Related items Frenzoo Raises $1 Million to Create 3D Lifestyle Mobile Games for Women 8 Securities Is A Sleek, Fully Customizable...

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HSBC says turnaround plan on target, costs cut by $2 billion

May 20, 2012 | FINANCE

HONG KONG (Reuters) – HSBC, Europe's biggest bank, said it cut costs by $2 billion (1 billion pounds) after one year of a 3-year turnaround plan, and is on target to meet its return on equity and other financial targets. The bank is close to already achieving the bottom end of a $2.5-$3.5 billion...

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Business vision to bowl you over

May 20, 2012 | BUSINESS

Many business leaders are active in the arts and culture circle. Among them are William Leung Wing-cheung and Wilfred Wong Ying- wai, who have gone on to chair the Hong Kong Academy for Performing Arts and Hong Kong Arts Development Council, respectively. (read on…) Related items Research and Markets: Hong Kong Information Technology Report...

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Asia's private museums blaze new trails in art world

May 20, 2012 | BUSINESS

HONG KONG: A boom in private museums funded by wealthy collectors is transforming the artistic landscape in Asia, and filling the cultural vacuum left by penny-pinching governments, experts say. (read on…) Related items Hong Kong emerges as Asia's art capital On the streets Chinese Estates head to be prosecuted over bribery in Macau The...

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Manulife, Metlife submit bids for ING Asia sale: sources

May 20, 2012 | BUSINESS

HONG KONG (Reuters) – Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia M&A insurance deal ever. ING's long awaited sale of Asian life insurance and the asset management units...

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Former Dewey & LeBoeuf Lawyers Join DLA Piper Hong Kong Office

May 19, 2012 | FINANCE

The DLA Piper law firm announced that a group of lawyers led by partners Joyce Chan and Heng Loong Cheong will join its Hong Kong office from Dewey & LeBoeuf. The move signals yet another step in the meltdown of … (read the rest of the story…) Related items Hong Kong still China’s most...

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Hong Kong shares lose more than 5pc for second week; HSBC tumbles

May 19, 2012 | REAL ESTATE

HONG KONG, May 18 — Hong Kong shares slid another 1.3 per cent today, inflicting a second consecutive weekly loss of more than 5 per cent as escalating Europe woes dragged down financial stocks and underwhelming US economic data increased risk aversion. The Hang Seng Index, which shed 5.3 per cent last week, lost...

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