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  • September 24, 2014
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  1. Surveys show more signs of contraction

    Posted Dec 06th 2011, 12:00am

    ... suggest. A Hong Kong purchasing managers' index (PMI) compiled by HSBC and Markit showed business conditions in the city worsened for the fourth month in a row last month. At the same time, an index compiled by recruitment consultancy Robert Walters showed local hiring activity from July to September remained largely in line with levels in the second quarter. Last month's PMI ...

  2. Guangdong to ease pressure on factories

    Posted Jul 06th 2011, 12:00am

    ... in the scorching heat, which is better than nothing,' a Federation of Hong Kong Industries official told the South China Morning Post after meeting with Zhao on Monday. 'We need to have ... financial crisis as soaring raw materials prices and wages continue to bite. According to the latest Hang Seng Bank research report, China's export growth will slow further in the second half ...

  3. Mainland's big spenders make all the difference to HK growth

    Posted Nov 15th 2011, 12:00am

    ... out as well. Part of the reason they were so confident about forecasting a recession is because that is what Hong Kong's purchasing managers index, or PMI, was indicating. In the past the PMI, based on a monthly survey of business sentiment, has proved a reliable leading indicator of economic conditions. It accurately predicted the recession that followed the 2000 dotcom bust, ...

  4. Is HK already in a recession?

    Posted Oct 10th 2011, 12:00am

    ... centre still dwarfs its status as China's shopping mall,' says Lueth. Right now, that also looks like Hong Kong's greatest liability. Sources: CEIC, HSBC Markit PMI, Bloomberg, HK ... suggest Hong Kong may well have slipped into a technical recession in the quarter that ended last month. The HSBC Markit Purchasing Managers' Index (PMI), which closely tracks fluctuations ...

  5. HK economy shows 'first signs of fissure'

    Posted Jun 06th 2012, 12:00am

    ... A purchasing managers' index (PMI) compiled by HSBC/Markit sank to 49.4 last month from 50.3, dragged down by the debt crisis, a decline in new business from the mainland, weak demand and higher ... it is starting to show the first signs of fissures.' PMI sub-indexes showed employment fell at the fastest rate last month since last September, while new orders from the mainland dropped ...

  6. News - China

    Air pollution leaves China's Pearl River Delta region choking on smog

    Posted Jan 23rd 2013, 12:00am by Mimi Lau

    ... as visibility in Guangzhou fell to 700 metres. Much of northern China is also choking on persistent smog, and another wave of it was expected to hit the region today. More than 13 provinces ... national air-quality standards, China News Service reported. Eight of those stations rated the air as severely polluted- in the Shiqiao area of Guangzhou's Panyu district, Xiping ...

  7. Business - Money - RESULTS

    China Travel upbeat despite profit dip

    Posted Aug 22nd 2012, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com China Travel upbeat despite profit dip Travel agency and hotel operator China Travel International Investment is upbeat on the long-term outlook ... "China will become the largest economy in the next 10 years and will have one billion people living in urban areas by 2030," Xu Muhan, executive director of China Travel, said yesterday. ...

  8. Business - China Business

    Prospective China investors beware: pitfalls of doing business in the mainland

    Posted Aug 20th 2012, 12:00am by Andrea Zavadszky

    ... or individual, says Liu, a solicitor and attesting officer appointed by the Ministry of Justice of the People's Republic of China. "The investor has to bear in mind that the consultants cannot ... There are different regulations for investment in the less developed and more actively promoted central and western regions of China, and yet another set of rules govern investment from qualifying Hong Kong ...

  9. News - Hong Kong - LEISURE

    Asia Adult Expo organisers see strong demand in China, Asia

    Posted Aug 19th 2012, 12:00am by JOLIE HO

    ... Jolie Ho in Macau jolie.ho@scmp.com Organisers of adult expo say demand is strong in Asia, especially from its fastest-growing economy Mainland shoppers not shy about sex any more Many businesses want to reap the rewards of China's rapid economic growth- and those in the sex and adult-products industry are no exception. Exhibitors and organisers at the fifth Asia Adult Expo ...

  10. Gearing up for China's golden decade

    Posted Aug 03rd 2012, 12:00am

    ... Hilda Poon Fifteen years have passed since the handover, during which time Hong Kong accountants have taken an increasingly large part in China's rapid growth- especially in the capital market. ShineWing (HK) CPA, a Beijing-based accounting firm, is setting itself up to grasp even more opportunities that China will offer in the coming 'golden decade'. 'We ...




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