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  1. Hong Kong to save $105m with new cross-border water deal

    Posted Apr 14th 2006, 12:00am by Staff Reporter

    ... Cheung Chi-fai Hong Kong will save about $105 million in the next three years and stop dumping huge amounts of unwanted water under a revised supply agreement signed with Guangdong yesterday. The deal gives the city access to a virtually unlimited water supply for an annual lump sum payment of $2.49 billion. But unlike the existing arrangement, under which Hong Kong pays per ...

  2. Inflation concerns have no borders

    Posted Jun 17th 2011, 12:00am

    ... Inflation was clearly on the mind of the State Council's Hong Kong and Macau Affairs Office director, Wang Guangya, during his visit to the city this week, the first since his ... be increased again in coming months. In sharp contrast, measures to limit money supply have not been taken in Hong Kong, which recorded a 4.6 per cent increase in the consumer price index in the year ...

  3. Hong Kong is well placed to ride out coming slump

    Posted Jun 08th 2012, 12:00am

    ... Tom Holland These are nervous days in Hong Kong. Earlier this week Financial Secretary John Tsang Chun-wah said there are turbulent times ahead, warning that Hong Kong's economy ... services and China's foreign trade, Hong Kong has always been exposed both to volatility in international financial markets and to any slowdown in demand, either in developed markets ...

  4. HK beats London, NY in cross-border trading

    Posted Jul 26th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Hong Kong is more popular than London and New York for stocks and options that are cross-border traded in the three markets, according to a Securities and Futures Commission research paper. The paper shows that excluding HSBC, Hong Kong last year accounted for 82 per cent of turnover in 52 stocks, including 35 H-share and red-chip stocks and 17 non-mainland Hang Seng ...

  5. Hong Kong's ace of space

    Posted May 18th 2011, 12:00am

    ... Alex Frew McMillan The New Territories accounts for about half of Hong Kong's population, but the region comprises almost 90 per cent of the city's total area. As Hong Kong ... developed into a major hi-tech and financial centre. The New Territories is part of the swift development within the Shenzhen-Zhuhai-Hong Kong triangle,' says William Kwok Chi-wai, executive ...

  6. HK, Russian bourse co-operation to ease cross-border trade

    Posted Jul 04th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu Stock market operators in Hong Kong and Moscow signed a co-operation agreement yesterday, paving the way for companies in the mainland and Russia to seek cross-border listings. The agreement between Hong Kong Exchanges and Clearing and Moscow Interbank Currency Exchange (Micex) allows the two bourses to exchange information. Alexander Potemkin, president of Micex, which runs ...

  7. Towngas underlying profit gains 8.9pc on cross-border gas sales

    Posted Sep 14th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Hong Kong and China Gas (Towngas) posted an 8.88 per cent growth in underlying profit to HK$1.96 billion in the first six months of the year, as a sharp rise in its mainland piped-gas projects offset a lacklustre performance on its Hong Kong home turf. Net profit jumped 6.37 per cent to HK$5.76 billion, or 90.3 HK cents per share. The utility benefited from a HK$2.23 ...

  8. Sa Sa to push deeper across the border

    Posted Jun 29th 2007, 12:00am by Andy Chen

    ... Andy Cheng Sa Sa International Holdings, Hong Kong's largest cosmetics retailer, said it would continue to invest heavily on the mainland after announcing a 20 per cent jump in annual ... Earnings beat the HK$203.2 million mean estimate by a Thomson Financial poll of 13 brokers. Sa Sa is rebounding from a downturn in 2005 when the company was hit by its overexpansion in Hong Kong ...

  9. Netcom targets revenue from corporate clients in Hong Kong

    Posted Jan 11th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung China Netcom Group Corp, the smaller mainland fixed-line operator, yesterday announced that it would explore the Hong Kong corporate market to boost sales and offset ... engine, and we hope this business will generate significant revenue this year,' said Cui Tao, chief executive of China Netcom (Hong Kong) Operations. In so doing, Netcom is following ...

  10. Cambodian casino operator plans to list in Hong Kong

    Posted Jun 05th 2006, 12:00am by Staff Reporter

    ... Keong, plans to float its shares in Hong Kong this month, before the proposed share sale of Stanley Ho Hung-sun's giant casino operation Sociedade de Jogos de Macau (SJM) in July. Market ... This will be NagaCorp's second attempt to seek a Hong Kong listing after its first application was rejected last year by the stock exchange due to a lack of internal controls to address money-laundering risks. ...




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