HK

Great rush for iBonds turns to a trickle

Two brokerages yesterday received at least HK$750 million in cash and margin subscriptions for the second issue of iBonds, an indication initial demand appears lukewarm compared with last year's frenzy.

Banks in Kwun Tong also saw a tepid response.

Wednesday, 6 June, 2012, 12:00am

Art dealers in HK look beyond mainland buyers

The winds of caution have arrived in the art auction market following Beijing's order to rein in speculative activities, and the exposure of art buyers dodging mainland import duties.

These factors - plus the gloomy economic outlook - are believed to be the reasons behind lukewarm results on the last day of Christie's Hong Kong spring auctions.

1 Jun 2012 - 12:00am

Police guard billionaire's family after kidnap bid

The four-year-old daughter of billionaire Florence Tsang Chiu-wing and her family have been placed under police protection after the girl and her grandmother escaped a kidnap attempt on Wednesday.

Police have also stepped up surveillance at all border checkpoints in an effort to prevent four would-be abductors from fleeing the city to Macau or the mainland.

27 Apr 2012 - 12:00am

Going out

Exhibitions

Earth Techling

Artworks created from e-waste by HKICC Lee Shau Kee School of Creativity students. Daily, 4pm-8.30pm, Mong Kok Computer Centre, 49-69 Fa Yuen St and 8-8A Nelson St, Mong Kok. Inquiries: 2339 7948. Ends Tue

Fantastic Creatures from the British Museum

8 Apr 2012 - 12:00am

Arts

Exhibitions

HK Inter-vivos Film Festival

Artist Ho Sin-tung's 28 imaginary films, paintings of fake/imagined film stills, movie posters and videos of movie-trailers. Today, 10am-6.30pm, Hanart TZ Gallery, 407 Pedder Building, 12 Pedder St, Central. Inquiries: 2526 9019. Ends today

Beyond the Painting Screen

5 Apr 2012 - 12:00am

Strike a balance on minimum wage

When the minimum wage law was introduced in May last year, hopes were high that the HK$28-an-hour wage floor would improve the life of the worst-paid workers and help narrow a growing wealth gap. The government says this appears to be the case.

29 Mar 2012 - 12:00am

HK keeps Everbright earnings on even keel

China Everbright said yesterday earnings for last year were nearly unchanged from a year earlier as buoyant Hong Kong operations helped offset lower contributions from its brokerage and direct-investment divisions.

The state-owned financial services conglomerate posted net profit for the year ended December 31 of HK$1.92 billion, down 0.23 per cent from 2010.

23 Mar 2012 - 12:00am

For many wealthy owners, it's about prestige or face

While not actually being fans of the Jockey Club's International Sale concept, we figure it's there for those who want to play and nobody puts a gun to the heads of buyers.

21 Mar 2012 - 12:00am

First-time buyer in HK$9m record deal

A first-time owner shelled out a Hong Kong International Sale record HK$9 million for a two-year-old son of boom sire Fastnet Rock on the advice of rookie trainer Richard Gibson at Sha Tin yesterday.

18 Mar 2012 - 12:00am

KMB to raise fares unless help is offered

Kowloon Motor Bus warns it may have to apply for another fare hike soon if the government fails to offer solutions to help the city's largest bus operator cut its losses amid rising fuel prices.

Transport International, the parent of KMB, said KMB incurred an operating loss of HK$17.8 million last year - a sharp contrast to earnings of HK$295.5 million in 2010.

16 Mar 2012 - 12:00am

The Planner

Exhibitions

Intersection

Multimedia art project involving six people, including sound artist George Ho and composer-musician-comic actor Tats Lau Yee-tat, that explore the notion of time and entering into cross-media dialogues. Today, noon-7pm, Jockey Club Creative Arts Centre, 30 Pak Tin St, Shek Kip Mei. Inquiries: 9802 9440. Ends today

20 Feb 2012 - 12:00am

Going out

Exhibitions

Sachiko Kodama

Works by the Japanese new media artist that make use of an interactive material known as 'ferrofluid' to build dynamic three-dimensional sculptures. Today, noon-5pm, Input/Ouput, 28 Tai Ping St, Sheung Wan. Inquiries: 3105 1127. Ends today

Affection in the Chinese Opera World

19 Feb 2012 - 12:00am

HK$59.5b surplus for first nine months

The government yesterday declared a HK$59.5 billion budget surplus for the first nine months of this financial year, far exceeding last February's full-year budget prediction of a HK$3.9 billion surplus.

The news came a day before Financial Secretary John Tsang Chun-wah's final budget speech today.

1 Feb 2012 - 12:00am

The Planner

Exhibitions

Vision of Nature: Lost and Found in Asian Contemporary Art

26 Jan 2012 - 12:00am

The Planner

Exhibitions

The Year of the Dragon: Chinese Palatial Treasures Exhibition

More than 50 imperial Chinese artefacts dating from the Tang dynasty to the late Qing dynasty. Today, 11am-10pm, Star Atrium, L1 Plaza Hollywood, 3 Lung Poon St, Diamond Hill. Inquiries: 2118 8821. Ends today

It's a Tasty World - Food Science Now!

25 Jan 2012 - 12:00am