United States Dollar

Currency hedges trim profit for Goodbaby International

21 Aug 2012

Goodbaby International said net profit fell 12.2 per cent to HK$100.7 million during the first six months of the year because of losses in hedges on the yuan-US dollar exchange rate.

Home sales jump in month's first half

20 Aug 2012

Hong Kong property sales surged in the first 16 days of August compared with the same period last month, according to the city's major estate agencies.

Net profits, revenue sink at West China Cement

17 Aug 2012

West China Cement expects better profits and revenue in the second half, after a dismal first half.

Dual-currency IPO breaks cardinal rule of capital markets

15 Aug 2012

According to yesterday's Business Post, mainland chemical manufacturer Meilan International Holdings is hoping to become the first company to launch a dual-currency yuan and Hong Kong dollar share...

CDB lists dim sum bonds worth 6b yuan on HKEx

4 Aug 2012

China Development Bank listed six billion (HK$7.36 billion) worth of yuan-denominated bonds on the Hong Kong stock exchange yesterday, giving investors an opportunity to trade securities with a...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

The real European crisis still hasn't begun, but it will soon

The original meaning of the word 'crisis', dating back to the time of classical Greece, is the turning point of a disease, when the patient either begins to recover or sickens and dies.

HK$1,000 banknote is first choice for money laundering

On many occasions I have been standing in a queue in a branch of HSBC and other banks in Hong Kong and have seen someone depositing huge amounts of cash.

For example, once I saw a...

Profit warnings cast pall over reporting season

From smaller players to industry leaders, about 230 or 15 per cent of Hong Kong-listed firms have warned of sharply lower interim profits - and even losses - since April and analysts say the worst...

Economy tipped to pick up in second half of year

Analysts at Standard Chartered Bank expect China's economy to pick up in the second half of the year on the back of lower interest rates and increased spending on infrastructure.

Big three fly into headwinds

All three big mainland airlines had to brace for headwinds in the first half - from high oil prices, yuan depreciation and slowing traffic.

HK's young ready to bet on stocks and bonds

Two-thirds of young Hongkongers expect part of their retirement would have to be funded by investments in stocks and bonds.