Issue: March 19, 2012 (Archive)

Thursday, June 20, 2013

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Li warns of need for urgent reform amid growth fear
China needs to move urgently on reforms to achieve balanced economic growth, Vice Premier Li Keqiang said.

Shifting capital flows flag key trends
Regardless of the outcome of the chief executive selection by the Election Committee, it will be a while before the political climate in Hong Kong improves.

PR firm targets $375m in float first
Wonderful Sky Financial Group, which provides public relations advice to companies going public, is itself planning to raise HK$375 million in a public float.

Mainland flat prices continue to slump
Home prices in more than half of China's major cities fell in February for a fifth consecutive month, and analysts see them continuing to drop.

Low mortgage rates fail to spark up home sales
Property transactions remained stable over the weekend despite keen competition among banks promoting low interest rate mortgages.

Numbers bring stiff test for stocks
Worse-than-expected consumer confidence and lackluster industrial production data in the United States weighed on US stocks on Friday, pulling the Dow Jones Industrial Average down for the first time in seven trading days.

Fees waived on SME loan scheme
Hongkong and Shanghai Banking Corp will subsidize a maximum HK$10,000 in fees for small business operators who may borrow under a scheme set up this year by the Hong Kong Mortgage Corp.

Rebalancing bodes well for Hong Kong
More services sector opportunities will emerge from economic rebalancing in China, Financial Secretary John Tsang Chun-wah said in his weekly blog.

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