• Sat
  • Aug 30, 2014
  • Updated: 12:47pm

Fixed Exchange Rate

Hong Kong not gaining from peg

The Hong Kong dollar is pegged to the US dollar by a currency board. This obsolete arrangement is also used by other economies such as Bermuda, Antigua and Barbuda, and the Cayman Islands.

Monday, 6 May, 2013, 2:55am

Letters to the Editor, March 10, 2013

The global investing public is increasingly paying attention to the corporate social responsibilities of listed enterprises. Profitability aside, corporate performance in environmental protection, social contribution and human capital development are being factored into people's investment decisions.

10 Mar 2013 - 2:52am 1 comment

Yes, the HK$ peg is to blame, but the alternatives are worse

Property prices are an eternal obsession with Hong Kong's inhabitants.

Even so, Monday's Monitor column examining some of the reasons why we can expect the home prices to continue setting new records broke new ground.

18 Oct 2012 - 4:47am 8 comments

China Resources stays optimistic despite uncertainties as net profit rises 2.2%

China Resources Land expects to see a stable business performance in the second half of this year after reporting a modest 2.2 per cent increase in net profit to HK$3.69 billion for the six months to June 30.

The Hong Kong-listed developer of mainland properties said consolidated turnover rose 2.9 per cent to HK$7.92 billion.

18 Aug 2012 - 3:10am

NVC Lighting hit by strike threat

Suppliers have reportedly stopped dealing with Hong Kong-listed NVC Lighting amid growing tensions between the board and management.

The company's management told an analyst, who declined to be named, that although some suppliers have stopped supplying NVC, the lighting manufacturer can source components from other suppliers.

14 Aug 2012 - 10:50am

Buys down for a third week as bosses hold on to shares

The buying fell for a third straight week while selling among directors was flat, based on filings to the exchange from August 6 to 10.

12 Jun 2013 - 10:27am

China Overseas lifts sales mark

China Overseas Land and Investment has lifted its full-year property sales target by a quarter to HK$100 billion, despite believing that the industry's tough times are not yet behind it.

29 Aug 2012 - 2:43pm

Tables turning at Macau casinos

Gaming revenue in Macau edged up 1.5 per cent in July, beating some predictions of a downturn on a year-on-year basis. But the growth is still the slowest since the global financial crisis in 2008-09.

15 Aug 2012 - 10:51pm

noticeboard

15 Shining examples

Sparkles 2012 is the largest student variety show in Hong Kong. The top 12 semi-finalists will compete in the grand final next month. Guest starring Andy Chow Kwok-Yin, Sugar Club and Supper Moment.

When: August 15, 6pm Where: Starhall Emax Tickets: HK$180-HK$220 from HK Ticketing

8 Top of the pops

29 Jul 2012 - 12:00am

Cosmetics firms help give ad spending a healthy glow in first half

Advertising spending in Hong Kong climbed to a new high in the first half of this year, driven by major campaigns in the cosmetics, pharmaceuticals, entertainment and consumer electronics markets.

27 Jul 2012 - 12:00am

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