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Firms Hong Kong Latest Information
Hong Kong Stocks May Challenge 21,000-Point Mark Seoul (The Korea Herald/ANN) - A delegation led by a state-run trade agency and 10 Korean businesses will be luring investors in Hong Kong as some 2,500 bankers, industry leaders and government officials from 32 countries gather for a conference. Hong Kong Law Firm Deacons Plans Independent Expansion in China Deacons, Hong Kong’s oldest law firm, plans to remain independent as it prepares for the expansion of its three offices in China when rules are changed to let overseas firms advise on local laws. Hong Kong Shares Extend Gains to 6th-straight Gain Hong Kong shares ended higher for a sixth-straight session on Friday, though profit-taking capped gains after a January rally that has boosted the benchmark Hang Seng Index by more than 11 percent. Hong Kong To Relax Listing Rules For Chinese Firms At the Asian Financial Forum, held in Hong Kong, the vice-chairman of the China Securities Regulatory Commission (CSRC), Yao Gang, has indicated that overseas listing rules will be relaxed this year. Hong Kong govt 2012-13 IT spend to hit HK$626.5 million The Hong Kong SAR government expects to spend HK$626.5 million on IT in 2012-2013, down 4.4% from last year, according to the Budget delivered by Financial Secretary John Tsang on Wednesday--his fifth Budget and the last of the current-term government. Hutch to buy Orange Austria as Asia firms shop in Europe HONG KONG (Reuters) - Hong Kong's Hutchison 3G will buy Orange Austria from France Telecom and a private equity fund in a deal valued at 1.3 billion euros including debt, expanding the corporate footprint in Europe of one of Asia's richest men. The deal by the unit of Hutchison Whampoa follows a cluster of outbound M&A transactions from Asia in early 2012 as firms with large cash piles and low ... Hong Kong shares close 1.63% higher HONG KONG - Hong Kong shares rose 1.63 per cent Thursday, the first day back after a three-day holiday, as dealers welcomed the US Fed's decision to keep interest rates low for at least the next two years. Hong Kong Homes Face 25% Drop in Year of the Dragon: Mortgages The Year of the Dragon, representing wealth and power in China, is shaping up to be the opposite for the world’s costliest housing market, Hong Kong. Tuesday, 7 February 2012 1/10 No. 1 Hong Kong Hong Kong occupancy costs climbed 1% in 2011, averaging $244 per sq ft per year. Due to volatility in Europe, however, firms there have become wary of major expansion or relocation plans. |
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