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  1. Go-ahead given for yuan bond issues in Hong Kong

    Posted Jan 11th 2007, 12:00am by Enoch Yiu

    ... to issue yuan-denominated bonds in Hong Kong, a long-awaited move set to further bolster the city's role as a platform for yuan business. The announcement by the People's Bank of China ... integration between Hong Kong and the mainland and enhance the channels for returning renminbi circulating in Hong Kong back to the mainland'. The spokesman said issuing yuan bonds in Hong Kong ...

  2. Business - Money

    Hong Kong mints new batch of HK$5 coins for first time in 14 years

    Posted Oct 02nd 2012, 12:00am by Enoch Yiu

    ... begun issuing new HK$5 coins, for the first time in 14 years. A newly minted HK$2 coin also will be put into circulation from December, according to the Hong Kong Monetary Authority. After ... coin, which has the same design as those already on issue, started circulating in August. The new HK$2 coin would also look like those already in circulation. In Hong Kong, banknotes are issued ...

  3. Comment - Insight & Opinion

    Free market no panacea for Hong Kong's ills

    Posted Oct 25th 2012, 12:00am by SCMP Editorial

    ... by cartels and dominant players in some markets. Hong Kong needs to seek innovative and more flexible ways of tackling the issues. Government has a role to play in maintaining social equity ... SCMP Editorial A free market is no panacea Hong Kong has for many years been singled out by conservative think tanks as the freest economy. It will be interesting to see what is made ...

  4. Another HK$10b of iBonds to be issued

    Posted May 29th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com The Hong Kong Monetary Authority is issuing another HK$10 billion of inflation-linked bonds, or iBonds. It is the second such move and is part of an effort to develop the city's bond market and protect residents against inflation. With the stock market continuing to decline and bank interest rates staying low, many analysts believe Hong Kong ...

  5. To avoid a future crisis, Hong Kong needs to come up with a water plan

    Posted Jul 07th 2012, 12:00am

    ... Hong Kong has survived many uncertainties and crises in the 15 years since the handover. However, we are still failing to plan ahead of time and think in a broader perspective. Water is a key issue that has been neglected for some time. Hong Kong has had a guaranteed supply of water since the Dongguan-Shenzhen Water Project started providing Dongjiang water in 1965. Even ...

  6. Second alert issued over HKEx imposters

    Posted Jul 26th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong Exchanges and Clearing yesterday issued its second warning in a month about con artists impersonating exchange employees to perpetrate fraud. ... the exchange and the couple reported the case to the police. It is not known whether the fraud cases are related. $300,000 The amount, in Hong Kong dollars, con men- posing as HKEx chief executive Paul ...

  7. PCCW issues recruitment call

    Posted Aug 05th 2011, 12:00am

    ... Andrea Zavadszky Telecommunications is one of the fastest-growing industries in Hong Kong. Local operator PCCW alone has a 20,000-strong workforce and hires some 200 fresh and recent graduates each year as part of its management trainee programme. The training streams include engineering, sales, technology and some specialist roles, supporting small and medium enterprises ...

  8. Shaky global economy clouds Hong Kong outlook

    Posted May 11th 2012, 12:00am

    ... Kong, especially in the first half of this year. We expect the Hong Kong economy to pick up the pace in the second half of the year and expand by 2.6per cent in 2012. Growth will be fuelled ... labour market, loose global financial conditions and favourable prospects on the mainland. The Hong Kong government's sizeable spending plan unveiled in February - appropriately targeting ...

  9. Tap into Hong Kong's reserves to protect struggling elderly

    Posted Feb 15th 2011, 12:00am by Staff Reporter

    ... It is great news that Hong Kong's financial surplus this year is likely to reach about HK$70 billion. That will add to our city's existing general fiscal reserves of about HK$600 billion, topped up by a similar bumper amount generated by the exchange fund surplus. By any standards, in a city of just seven million souls, Hong Kong is sitting financially pretty. Less ...

  10. China Zhongwang issues another profit warning

    Posted Jul 19th 2011, 12:00am

    ... is also due to the lower average selling price for industrial aluminium extrusion products in the domestic market,' Zhongwang said. Zhongwang joined the Hong Kong stock exchange in May 2009, ... per cent this year. $10.75 The peak share price, in Hong Kong dollars, that China Zhongwang stock reached in the months after it listed in May 2009 ...




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