Mainland lenders have taken more aggressive strategies to boost their local retail market share
The recent hike in time deposit rates by several local and mainland banks will not be sustainable in the long run, bankers say.
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Economist warns export expansion will slow down in the second half although Hong Kong exports forecast doubled to 12 percent this year
Hong Kong exports are likely to grow by 12 percent this year, the Trade Development Council said - more than doubling its previous forecast.
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Hong Kong's unemployment rate has risen to 4.6 percent which is the first time since mid-2009
Hong Kong's unemployment rate has risen for the first time since mid-2009, to 4.6 percent, as uncertainties in overseas markets dampen hiring. in overseas markets dampen hiring.
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Mainland investors prefer real estate and foreign investors seem to prefer A50 (2823)
Some mainland investors had a bitter experience when the Shanghai Composite Index dropped from a peak of 6,124 points in 2007 to a low of 1,665 a year later.
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En+ Group become a founding shareholder in the Hong Kong Mercantile Exchange
Russian billionaire Oleg Deripaska's holding company En+ Group said yesterday it had become a founding shareholder in the Hong Kong Mercantile Exchange......
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The joint venture between FAW Group Corp and Volkswagen will build a new plant in Foshan city of Guangdong Province
FAW Volkswagen has agreed to locate its 8 billion yuan (US$1.17 billion) new plant in Foshan in Guangdong Province as part of the German auto maker’s drive to widen its weak footprint in south China,
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Honda plans to increase its manufacturing capacity in China by 36 percent by 2012
Honda Motor President and Chief Executive Officer Takanobu Ito said Tuesday the company plans to increase its manufacturing capacity in China by 36 percent by 2012,
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China will remain hungry for commodities over the coming 15 years
China will remain hungry for commodities over the coming 15 years. Crude oil and metal ores lead China's commodity imports.
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It will take three to five years to ease the pressure of further appreciation of the RMB yuan for Chinese exporters
Looking at China’s snowballing trade surplus since its exchange rate reform in July 2005, one might think the appreciation of the Chinese currency yuan, also known as Renminbi (RMB),...
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It will take three to five years to ease the pressure of further appreciation of the RMB yuan for Chinese exporters
Looking at China’s snowballing trade surplus since its exchange rate reform in July 2005, one might think the appreciation of the Chinese currency yuan,...
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