Hong Kong Company Formation Online Support Blog - news

AIA plans to float a 50 percent stake in its Asian insurance

wang_lh@126.com (wanglh) — Mon, 30 Aug 2010 09:56:57 +0800

AIA plans to float a 50 percent stake in its Asian insurance
American International Group plans to float a 50 percent stake in its Asian insurance arm to raise as much as US$20 billion (HK$156 billion)

Beijing is unlikely to tighten policies further

wang_lh@126.com (wanglh) — Tue, 24 Aug 2010 15:56:29 +0800

Beijing is unlikely to tighten policies further in the near term although GDP slide
The mainland economy grew by 10.3 percent in the second quarter, slower than market expectations......

Hong Kong rents will rise for the first time in 13 years

wang_lh@126.com (wanglh) — Fri, 13 Aug 2010 13:56:28 +0800

Hong Kong rents will rise for the first time in 13 years and public flats will pain
About 700,000 families living in public housing will have to pay an extra HK$11 to HK157 a month from September 1 as rents rise for the first time in 13 years.

Significant financial demand will emerge in the countryside

wang_lh@126.com (wanglh) — Wed, 11 Aug 2010 17:20:05 +0800

Agricultural Bank of China believe that significant financial demand will emerge in the countryside as rural incomes grow
Agricultural Bank of China (1288) is set to perform better locally after its lackluster Shanghai trading debut yesterday.

Companies will get free rein on yuan exchange

wang_lh@126.com (wanglh) — Fri, 06 Aug 2010 13:26:29 +0800

A new clearing agreement will allow Companies to get free rein on yuan exchange
A new clearing agreement to be signed next week will allow Hong Kong financial firms to sell yuan-denominated insurance,

China's economic growth is at a critical stage

wang_lh@126.com (wanglh) — Tue, 03 Aug 2010 20:02:45 +0800

China's economic growth is at a critical stage of leveling off after government's efforts to cool the property market and slow bank lending
China's manufacturing growth eased further last month amid Beijing's efforts to cool the property market and slow bank lending.

Beijing will open channels for investment opportunities

wang_lh@126.com (wanglh) — Fri, 30 Jul 2010 11:18:56 +0800

Beijing will open channels for investment opportunities in the mainland for yuan held in Hong Kong
The government is holding talks with Beijing to open channels for investment opportunities in the mainland for yuan held in Hong Kong.

The People's Bank of China announced

wang_lh@126.com (wanglh) — Sun, 18 Jul 2010 21:42:36 +0800

The People's Bank of China announced it will further reform the yuan exchange rate regime to make it more flexible
A local bank manager is not surprised that yuan stocks have ran out as supply is tight.

The Mainland were related to outward processing

wang_lh@126.com (wanglh) — Wed, 14 Jul 2010 10:48:32 +0800

Today 52% of Hong Kong's imports from the Mainland were related to outward processing.
In the first quarter this year, 32% of Hong Kong's total exports to the Mainland were for outward processing...

Hong Kong has become a popular destination

wang_lh@126.com (wanglh) — Mon, 12 Jul 2010 15:29:21 +0800

Hong Kong has become a popular destination for short-break vacations among Mainland visitors
Hong Kong welcomed 2.815 million visitors in May, a 38.9% year-on-year rise, setting a record for the month,