Hong Kong positions itself at the center of Asian art scene

May 14, 2012 | OPPORTUNITY

A collection of the world's leading galleries are converging on Hong Kong over the next few days in preparation for its largest annual art fair but the smarter ones have already set up outlets here as they look to tap into a city that has set itself up as Asia's arts hub. (more…) Related...

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8 Asian Startups That Caught Our Eye This Week

May 14, 2012 | OPPORTUNITY

Update: Some readers pointed out that we missed out two startups (thanks!), namely Hong Kong-based Frenzoo who raised $1 million this week and also Japan-based Phewtick who has a wacky idea which I find … (more…) Related items Hong Kong Bourse Studies Making Bid for London Metal Exchange Frenzoo Raises $1 Million, Will Create...

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Hong Kong Trade Balance

May 14, 2012 | OPPORTUNITY

Hong Kong released its monthly trade balance reading, which showed a deficit of 400 million dollars in April from the previous deficit 150 million dollars that revised to 424 million dollars surplus, lower than expectations of 588 million dollars deficit. (more…) Related items World Cup winner out of Hong Kong race Hydrogen´s Global Mobility...

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Making their way through the merger

May 14, 2012 | TELECOM

For the last few weeks, C P Gurnani, the CEO designate of Mahindra Satyam-Tech Mahindra has been on a worldwide tour. From India to the US, then onto Europe, Singapore, Hong Kong and Australia, he is taking the story of the imminent marriage of the two firms around the world through road shows. (more…)...

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Kwok graft case back in spotlight in Hong Kong

May 14, 2012 | NEWS

Sun Hung Kai Properties board member Thomas Chan is set to return for bail renewal at Hong Kong's anti-corruption agency on Monday in a widening graft scandal involving one of Asia's richest families. … (read the story…) Related items Sun Hung Kai executive arrested over suspected bribery Juniper Networks Enables Hong Kong Exchanges and...

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Malaysian listed XiDeLang eyes dual listing in Hong Kong

May 13, 2012 | BUSINESS

KUALA LUMPUR, May 13 (Reuters) – Malaysian listed XiDeLangHoldings Ltd, a China-based shoemaker, is eyeing adual listing on the Hong Kong Stock Exchange, the company said,in an apparent bid to raise its … (read on…) Related items Manchester United eyes Hong Kong listing Hong Kong bourse hit by ‘malicious hacking’ Hong Kong exchange trading...

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Hong Kong Deal – Law Firm News – Freshfields advises on United Laboratories rights issue

May 13, 2012 | NEWS

International law firm Freshfields Bruckhaus Deringer has advised the sole underwriter, HSBC, on the rights issue by The United Laboratories International Holdings Limited, a pharmaceutical company listed on the Hong Kong Stock Exchange. (read the story…) Related items Hong Kong Stock Exchange suspends trading after hackers close news website Hong Kong To Boost Its...

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Hong Kong economy slowed in first quarter

May 13, 2012 | FINANCE

HONG KONG: Hong Kong’s economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said. (read the rest of the story…) Related items Hong Kong economy slows in Jan-Mar Hong Kong economic growth slows to 0.4% in January-March Hong Kong Exchange Considers...

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Hong Kong Bourse Studies Making Bid for London Metal Exchange

May 13, 2012 | OPPORTUNITY

Hong Kong Exchanges & Clearing Ltd. (388) , Asia ’s largest bourse operator, said it’s studying a bid for the London Metal Exchange as growth slows and it seeks to build up a commodities business. (more…) Related items Hong Kong Bourse Studies Bidding for London Metal Exchange Hong Kong’s Li Says Bourse to Avoid...

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Hong Kong Q1 GDP Growth Slows As Exports Decline

May 12, 2012 | REAL ESTATE

Hong Kong's economy slowed down in the first quarter compared to the last quarter of the previous year as exports dipped with soft global demand. (read the news…) Related items Asia Markets: Asia markets rise, but Hong Kong shares slip Hong Kong mag names Vista Land one of top firms in RP Asia Markets:...

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Hong Kong economy slows in Jan-Mar

May 12, 2012 | FINANCE

HONG KONG: Hong Kong's economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said Friday. (read the rest of the story…) Related items Hong Kong economy slowed in first quarter Hong Kong economic growth slows to 0.4% in January-March Asian markets...

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Hong Kong economic growth slows to 0.4% in January-March

May 12, 2012 | FINANCE

HONG KONG – Hong Kong's economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said Friday, May 11. The economy grew 0.4% year-on-year in the first 3 months of the year compared with 3% in the … (read the rest of...

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SEC clears Globe's debt sale

May 12, 2012 | TELECOM

The Securities and Exchange Commission (SEC) has cleared Globe Telecom Inc.'s fixed-rate retail bond offering slated later this month. (more…) Related items Billionaire Kwok brothers arrested for graft in Hong Kong Celebrities bring early yuletide cheer to OFWs World stocks gain amid signs of progress in Europe MARKET CLOSE: NZ shares gain from 5-week...

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Hong Kong economy slows in January-March

May 12, 2012 | BUSINESS

Hong Kong's economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said Friday. (read on…) Related items Hong Kong economy slowed in first quarter Hong Kong economy slows in Jan-Mar Chinese Estates head to be prosecuted over bribery in Macau Research...

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ACL Semiconductors Declares 1-for-5 Stock Dividend

May 12, 2012 | BUSINESS

HONG KONG, May 11, 2012 /PRNewswire-Asia/ — ACL Semiconductors Inc. (ACLO.OB) ("ACL"), a China-based distributor of semiconductor components in Hong Kong and Southern China, today … (read on…) Related items Chinese Estates head to be prosecuted over bribery in Macau Research and Markets: Hong Kong Information Technology Report Q2 2012 Hong Kong: The Most Business-Friendly...

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Hong Kong firm buys UK's Aquascutum for £15 mn

May 12, 2012 | BUSINESS

A Hong Kong company said it has agreed to buy the business and assets of troubled British luxury clothing maker Aquascutum for £15 million. (read on…) Related items Hong Kong firm buys Aquascutum in $24 mn deal October Listing for Hong Kong’s PCCW PCCW Said to Plan $2 Billion October Listing of Telecom Unit...

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HK students aim for mainland universities

May 11, 2012 | OPPORTUNITY

Beijing (China Daily/ANN) – Prestigious universities on the Chinese mainland opened their doors to Hong Kong students, but some said it was not easy to cross the thresholds set by the universities. (more…) Related items Hong Kong Students Shadow Hilliard Teenagers After $8 Million Round, 8Securities Raises Additional $1.5 Million New 'affordable' contemporary art...

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Frenzoo Raises $1 Million, Will Create 3D Lifestyle and Fashion Mobile Games

May 11, 2012 | OPPORTUNITY

Frenzoo , a startup based out of Hong Kong and San Francisco, is a startup that has been around for a while , specializing in 3D avatars and fashion for girls and women. And the company has announced that … (more…) Related items New 'affordable' contemporary art fair slated for Hong Kong 8 Asian...

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Hong Kong stocks slide in early trading

May 11, 2012 | REAL ESTATE

SYDNEY (MarketWatch) — Hong Kong stocks declined in early trading on Friday, with the Hang Seng Index down 0.8% at 20,062.38. Property firms were under pressure, with New World Development Co. down 2.6% and China Resources Land Ltd. down 2.2%. Commodity-sector firms also lost ground as oil and metal futures slipped in electronic trading,...

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Century 21 China Real Estate to Report First Quarter 2012 Financial Results on May 17, 2012

May 11, 2012 | REAL ESTATE

BEIJING, May 10, 2012 /PRNewswire-Asia-FirstCall/ — IFM Investments Limited (CTC) ("Century 21 China Real Estate"), a leading comprehensive real estate services provider and the exclusive … (read the news…) Related items HSBC Holdings PLC – Annual Financial Report – 43 of 44 HSBC Holdings PLC – Annual Financial Report – 29 of 44 With...

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Starry nights in Hong Kong

May 11, 2012 | TRAVEL

In one of the world's great cities, Hong Kong, Michelin stars abound and high art blends beautifully with gastronomical greatness. 11 May 2012 6:43 PM (read more…) Related items Third hangar opens to boost Hong Kong's position as Asia's business aviation hub Hong Kong hotel group eyes MidEast growth Global Business Travel Association Announces...

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