Greater Pearl River Delta Business Council Issues 2006-07 Annual Report
July 31, 2007 - The Greater Pearl River Delta Business Council today issued its third annual report on its work for 2006-07. |
Concerted Efforts to Enhance Hong Kong’s Status as Advanced Digital City
July 31, 2007 - Hong Kong Permanent Secretary for Commerce and Economic Development (Communications and Technology), Mrs. Rita Lau, today urged the information and communications technology (ICT) industry to join with the Government to enhance Hong Kong’s status as an advanced digital city. |
Financial Results for the First Three Months of 2007-2008 Financial Year
July 31, 2007 - The Hong Kong Special Administrative Region Government (HKSARG) had expenditures of US$6.93 billion (HK$54.1 billion) and revenue of US$7.55 billion (HK$58.9 billion) in the three months ending June 30, resulting in a surplus of US$615.38 million (HK$4.8 billion). |
Land Auction Yields US$510.25 Million
July 31, 2007 - A plot of government land in Wong Tai Sin was sold for US$510.25 million (HK$3.98 billion) by the Lands Department of the Hong Kong Special Administrative Region Government today. This is the fourth land auction of the 2007-08 financial year. |
International Horses Arrive for Good Luck Beijing Equestrian Events
July 30, 2007 - Eight horses from three European countries have arrived in Hong Kong on July 28 to take part in next month's Good Luck Beijing – HKSAR 10th Anniversary Cup equestrian competition. |
Hong Kong Mortgage Corporation Half-Year Financial Results for 2007
July 27, 2007 - The Hong Kong Mortgage Corporation Limited (HKMC) and its subsidiaries (the HKMC Group) announced today the half-year financial results for 2007. The unaudited profit after tax (PAT) for the six months ended 30 June 2007 (1H 2007) was US$52.72 million (HK$411.2 million), 27% over the first six months in 2006 (1H 2006). |
Hong Kong Exchange Fund Totals US$161.14 Billion
July 27, 2007 - Assets of the Hong Kong Exchange Fund totaled US$161.14 billion (HK$1,256.9 billion) on June 30, 2007. This is US$1.88 billion (HK$14.7 billion) higher than at the end of May 2007, according to the Hong Kong Monetary Authority. |
Half-Year Exchange Fund Results 2007
July 26, 2007 - The Hong Kong Monetary Authority (HKMA) today published the investment results of the Exchange Fund for the first half of 2007 and the unaudited abridged balance sheet of the Exchange Fund at June 30, 2007. |
S&P’s Decision to Upgrade Hong Kong’s Ratings Outlook Welcomed
July 26, 2007 - The Hong Kong Special Administrative Region Government today welcomed Standard & Poor’s (S&P’s) decision to upgrade Hong Kong’s ratings outlook to “Positive” from “Stable”. The agency also affirmed Hong Kong’s credit ratings at “AA”. |
Moody’s Decision to Upgrade Hong Kong’s Foreign-Currency and Local-Currency Sovereign Ratings Welcomed
July 26, 2007 - The Hong Kong Special Administrative Region Government today welcomed Moody’s decision to upgrade Hong Kong’s long-term foreign-currency and local-currency sovereign ratings to “Aa2” from “Aa3”, with “Stable” outlook. |
HKSAR 10th Anniversary – Trivia Question Contest in San Francisco
July 20, 2007 - The HKSAR 10th Anniversary – Trivia Question Contest in San Francisco received overwhelming responses and the lucky Grand Prize winner is Mr. Tom Chan from the Bay Area. |
Hong Kong's Consumer Price Index up 1.3% in June
July 20, 2007 - Hong Kong's overall consumer prices rose 1.3% in June 2007 over a year earlier, according to the Composite Price Index (CPI) statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government (HKSARG). This is larger than the 1.2% increase in May. |
Hong Kong’s Unemployment Rate Fell to 4.2%
July 19, 2007 -Hong Kong’s seasonally adjusted unemployment rate fell to a provisional 4.2% in April – June 2007, from 4.3% in the previous three-month period, according to the latest labor force statistics released by the Census and Statistics Department. |
Chief Secretary Attends Ninth Working Meeting of the Hong Kong/Guangdong Cooperation Joint Conference
July 17, 2007 -Hong Kong Chief Secretary for Administration, Mr. Henry Tang, and the Executive Vice-Governor of Guangdong Province, Mr. Tang Bingquan, co-chaired the Ninth Working Meeting of the Hong Kong/Guangdong Co-operation Joint Conference in Hong Kong today. |
Special screening of “After This Our Exile” to kick off 10th anniversary film events in New York
July 14, 2007 - A special screening of the award-winning "After This Our Exile" and a dialogue with the director, Mr Patrick Tam, was held at the Walter Reade Theater at Lincoln Center in New York today (Saturday, July 14, US time). |
2006-07 Government Final Accounts
July 13, 2007 - The government accounts of the Hong Kong Special Administrative Region for 2006-07, which ended on March 31, 2007, were gazetted today. |
Government Welcomes Fitch's Decision to Upgrade Hong Kong's Long-term Foreign-currency Sovereign Rating
July 13, 2007 - The Hong Kong Special Administrative Region Government today welcomed Fitch's decision to upgrade Hong Kong's long-term foreign-currency sovereign rating to "AA" from "AA-", with "Stable" outlook. |
Greater Pearl River Delta Business Council Publishes Study Report
July 11, 2007 - The Greater Pearl River Delta Business Council has today published a study report on "The Impact of Mainland Processing Trade Policy on Hong Kong". |
Constitutional Reform Green Paper Unveiled
July 11, 2007 - The Hong Kong Special Administrative Region (HKSAR) government today published a Green Paper on Constitutional Development to consult the public on the models, roadmap and timetable for electing the Chief Executive and for forming the Legislative Council (LegCo) by universal suffrage – the ultimate aim as provided under Hong Kong’s mini-constitution, the Basic Law. |
Hong Kong Remains Highly Attractive to Foreign Investors
July 11, 2007 - Hong Kong Chief Executive, Mr. Donald Tsang, thanked new overseas and Mainland investors for their vote of confidence in Hong Kong at a reception today for about 200 chief executive officers and senior representatives of overseas and Mainland companies that recently established a business presence or expanded operations in Hong Kong. |
Treasury Markets Association to Launch Renminbi Bond Price Fixing
July 11, 2007 - The Treasury Markets Association (TMA) announced today that it will launch a daily price fixing commencing July 12, 2007 for renminbi denominated bonds issued in Hong Kong. |
Successful Completion of Subscription of the First Issue of Renminbi Bonds in Hong Kong
July 9, 2007 - The China Development Bank (CDB) announced today the subscription result of the first issue of renminbi bonds in Hong Kong, reflecting strong response from both retail and institutional investors with an oversubscription rate of nearly two times. The Hong Kong Monetary Authority (HKMA) is pleased with the successful launch of the renminbi bond business in Hong Kong and the smooth operation of the subscription process. |
Hong Kong’s Foreign Currency Reserves at US$136.3 Billion
July 9, 2007 - Hong Kong's foreign currency reserves stood at US$136.3 billion at the end of June 2007, according to the Hong Kong Monetary Authority, compared to US$136.2 billion at end-May 2007. |
US-based Business Jet Manufacturer Opens Regional Office in Hong Kong
July 6, 2007 - Dassault Falcon Jet Corp, a wholly-owned subsidiary of US-based Dassault Aviation, recently opened a new office in Hong Kong. The office will play a pivotal role in the company's regional strategy; enabling them to establish close relationships with customers across Asia's burgeoning aviation market. |
Hong Kong Commissioner opens NASDAQ to celebrate 10th anniversary
July 3, 2007 - Hong Kong Commissioner for Economic and Trade Affairs, USA, Miss Margaret Fong, presided over today’s (July 2, New York time) ceremony to open the NASDAQ stock market in New York to mark the first trading day following the 10th anniversary of the establishment of the Hong Kong Special Administrative Region on July 1, 2007. |
Inauguration of Third Term Hong Kong Special Administrative Region Government
July 2, 2007 - The inauguration ceremony of the third term Hong Kong Special Administrative Region Government was held on July 1 at the Hong Kong Convention and Exhibition Centre. |
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