Issue: June 20, 2012 (Archive)

Friday, May 24, 2013

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Office rents may tumble 10pc
Local office rentals could fall 5-10 percent while the growth in retail rents may ease during the second half amid bearish prospects for the global economy, real-estate consultancy DTZ Debenham Tie Leung forecast yesterday.

Germans on course to be the champs
Hong Kong stocks turned sluggish yesterday as the market awaited clear signals from the G20 meeting and regular discussions at the rate-setting panel of the US Federal Reserve.

Stimulus hopes lift stocks, euro
World stocks and the euro gained yesterday as Europe's worsening debt crisis and its impact on global growth encouraged talk of a policy response by the world's major central banks.

Yuan era opens for insurance companies
Mainland insurers are set to sell yuan products in Hong Kong with Beijing planning to include their SAR units in the renminbi qualified foreign institutional investor program.

Copper miner hopes investors dig its IPO plan
China Nonferrous Mining Corporation opens its retail book today for its HK$2.44 billion public float.

Mengniu Dairy draws up big push with Danes
China Mengniu Dairy Co (2319) will develop cheese, butter and baby formula products in cooperation with strategic partner Arla Foods, a leading Denmark-based dairy firm with owners in Denmark, Sweden and Germany.

`Through train' dead in its tracks
The abandoned "through train" program that would have allowed individual mainlanders to directly invest in Hong Kong securities is most certainly dead.

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