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  1. HKMA sold HK$7.4 billion in 3 interventions on Thursday

    Posted Nov 02nd 2012, 08:12am by Reuters in Hong Kong

    ... The Hong Kong Monetary Authority (HKMA) stepped into the currency market during New York hours on Thursday, its third intervention for the day, as the local currency repeatedly hit the strong end of its trading range. It sold HK$2.751 billion ($355 million) in Hong Kong dollars in the latest move, bringing the total injection for the day to HK$7.4 billion, data showed. ...

    http://www.scmp.com/article/1074491/hkma-sold-hk74-billion-3-interventions-thursday
  2. Business - Companies

    Graft trial adjourns for billionaire Kwok brothers

    Posted Oct 12th 2012, 12:53pm by Reuters in Hong Kong

    ... The billionaire Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case ... corruption in the government and police. Thomas and Raymond Kwok run Sun Hung Kai Properties, the world’s second-largest property developer by stock-market value. The Kwok family is Hong Kong ...

    http://www.scmp.com/business/companies/article/1059470/hong-kongs-billionaire-kwok-brothers-face-court-graft-charges
  3. Business - Companies

    CK Life Sciences buys top Australian salt producer

    Posted Nov 29th 2012, 03:13pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asia’s richest man Li Ka-shing is buying Australia’s largest salt producer Cheetham Salt in a deal worth US$157 million, a subsidiary of his Cheung Kong ... Kong Life Sciences chief executive officer Kam Hing-lam said in a statement. CK Life Sciences, chaired by Li’s eldest son and heir to his Cheung Kong conglomerate, Victor, is involved ...

    http://www.scmp.com/business/companies/article/1093823/ck-life-sciences-buys-top-australian-salt-producer
  4. News - Hong Kong

    Bruce Lee's former house in Kowloon Tong to go on sale

    Posted Oct 24th 2012, 03:58pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Kung fu legend Bruce Lee’s former residence in Kowloon will be put up for sale after a plan to turn the property into a museum dedicated to the icon ... house in Kowloon Tong has been used as a short-stay love hotel for several years. Yu could not be reached on Wednesday for comment. The kung fu star died in Hong Kong after a severe reaction ...

    http://www.scmp.com/news/hong-kong/article/1068705/bruce-lees-kowloon-tong-residence-go-sale
  5. Sport - Golf - GOLF

    Hong Kong Open cuts prize money

    Posted Sep 20th 2012, 02:33pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Prize money for the prestigious Hong Kong Open has been cut US$750,000 to US$2 million, organisers said on Thursday, blaming the state of the world economy. It comes despite the tournament, one of the biggest in Asia, retaining sponsor UBS, the Swiss bank. This year’s Hong Kong Open is November 15-18. “It’s one of these things that have ...

    http://www.scmp.com/sport/golf/article/1041418/hong-kong-open-cuts-prize-money
  6. News - Hong Kong - TOURISM

    Hong Kong retailers advised to target smaller mainland cities

    Posted Oct 16th 2012, 12:00am by NG KANG-CHUNG

    ... Ng Kang-chung kc.ng@scmp.com Target smaller mainland cities for trade, shops told Hong Kong retailers have been encouraged to use online social media to lure more visitors from ... by those from tier-one cities. Nielsen's study also found that shopping remained the main reason for mainlanders to visit Hong Kong, with 90 per cent of survey respondents citing it. Visitors ...

    http://www.scmp.com/news/hong-kong/article/1061915/hong-kong-retailers-advised-target-smaller-mainland-cities
  7. News - Hong Kong - DEVELOPMENT

    U-turn on design for Kai Tak residential and tourism project in Hong Kong sparks criticism

    Posted Sep 28th 2012, 12:00am by Olga Wong

    ... and disappointment among urban planners who said the government did not respect the consultation process. The Kai Tak development- hailed as the "Heritage, Green, Sports and Tourism Hub of Hong Kong"- aims to provide quality living with lower density and more open space in an urban node, accommodating a population of 89,800. It would also be home to a world-class sports complex ...

    http://www.scmp.com/news/hong-kong/article/1048859/u-turn-design-kai-tak-residential-and-tourism-project-hong-kong
  8. Banning private birth tourism will only damage Hong Kong

    Posted Apr 18th 2012, 12:00am

    ... Leung Chun-ying wants to ban mainland mothers from giving birth in Hong Kong's private hospitals. He really hasn't thought this one through. On Monday, the incoming chief executive said he would forbid mainland mothers who were not married to Hong Kong residents from giving birth in the city's private hospitals next year. It's clear enough why he said it. ...

    http://www.scmp.com/article/998538/banning-private-birth-tourism-will-only-damage-hong-kong
  9. News - Hong Kong - TOURISM

    Mainland tourists lift Hong Kong arrivals numbers

    Posted Jan 01st 2013, 12:00am by Amy Nip

    ... be restricted to one return trip per day between Shenzhen and Hong Kong. The suggestion was not accepted, but now mainland authorities were considering similar measures, he said. As for this year, Tien ... Amy Nip amy.nip@scmp.com Mainlanders lift arrivals numbers Tourist arrivals this year far exceeded the Tourism Board's predictions, hitting 46 million by the middle of last month, ...

    http://www.scmp.com/news/hong-kong/article/1116878/mainland-tourists-lift-hong-kong-arrivals-numbers
  10. News - Hong Kong - TOURISM

    Forced shopping in Hong Kong makes a return on cheap tour packages

    Posted Oct 30th 2012, 12:00am by He Huifeng, Amy Nip

    ... He Huifeng and Amy Nip Mainland authorities receive complaints of tourists on cheap packages being locked in Hong Kong shops until they agree to spend RENEWED GRIPES AT FORCED SHOPPING "Forced shopping" has made an unwelcome return to Hong Kong, mainland tourists complain, as travel agencies sell group-tour vouchers on websites at rock-bottom prices. This year, mainland ...

    http://www.scmp.com/news/hong-kong/article/1072762/forced-shopping-hong-kong-makes-return-cheap-tour-packages

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