[] Hong Kong-LME Deal Spurs Biggest Exchange Drop: Real M&A Bloomberg - Hong Kong Exchanges & Clearing Ltd.'s pursuit of the London Metal Exchange is transforming the Asian bourse into the industry's worst performer. Hong Kong …
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The Government of Hong Kong Special Administrative Region, People's Republic of China has selected HP to enable the Hong Kong Public Libraries to provide public library services to the members.
Henderson Land Development said the sale of 20 luxury apartments in Hong Kong had collapsed, ending 2.67 billion Hong Kong dollars in deals that had led to a government inquiry and fueled efforts to rein in home prices.
Hong Kong's Court of Appeal ordered a trial for former Bank of America Corp. distressed debt trader Sunny Tadjudin's claim for HK$10.9 million ($1.4 million) in damages over her 2007 firing.
Hong Kong lawmakers plan to discuss 20 failed sales of luxury apartments at a project developed by Henderson Land Development Co. at a housing panel meeting this afternoon.
It was clear that Hong Kong, like other jurisdictions, would tighten rules on the manufacture and sale of investment products. Having begun a three-month consultation to this effect in September, the Securities & Futures Commission (SFC) on Friday (May 28) issued the consultation conclusions and the final version of the regulations.
Petropavlovsk Plc, Russia's third- largest gold producer, plans to list its non-precious metals unit in a Hong Kong stock sale that may raise about $500 million, two people with knowledge of the matter said.
Hong Kong Exchanges & Clearing Ltd. has met Mongolian mining companies seeking to list in the city, said Chief Marketing Officer Lawrence Fok, who is in the North Asian country for a forum on corporate capital raising.
The Hong Kong Monetary Authority said local stock and property prices may be driven higher once China allows the yuan to resume gains, as the city become more affordable to mainland investors.
French aerospace giant EADS on Tuesday said that it notched another tandem of order commitments from LAN Airlines and Hong Kong Airlines for a total of 75 Airbus aircraft.
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Sound Global Ltd. postponed a dual listing in Hong Kong and the sale of new stock as the plan couldn't be undertaken "on acceptable terms," calling off the planned move less than a week after issuing a prospectus.
Hong Kong stocks were restricted to a narrow range around break-even point early Friday, with energy producers such as Cnooc Ltd. helping to support the market, although banks and property developers fell after a sharp drop on Wall Street. The Hang Seng Index was up 0.1% at 20,747.01 after opening lower, while the Hang Seng China Enterprises Index was flat at 11,931.28. rose 1.5%, and PetroChina Co. gained 0.8% as crude-oil futures rose in New York trade. Ranking among losers, China Overseas Land & Investment Ltd. dropped 1.5%, and index-heavyweight HSBC Holdings PLC dropped 0.5%. The Shanghai Composite Index, meanwhile, dropped 0.5% to 2,552.91.
Descente Ltd., a Japanese licensee of World Cup uniform supplier Umbro, plans to open its first own-brand store in Hong Kong as part of an expansion in China.
On Friday a person aware of the situation stated that Hong Kong and Shanghai stock markets are the places from where Bank of China Ltd. is looking to raise funds. It is another move to shore up its capital base after an explosion in lending last year.
Hong Kong shares rose early Monday, with the benchmark Hang Seng Index reclaiming the 20,000-point level, with commodity producers advancing after upbeat consumer confidence helped Wall Street stocks post gains Friday.
Primus, which holds a 20 percent stake in EON, said it considered Hong Leong's bid to take over EON as unlawful. It said action by some EON board members to support the bid was not in the interest of the company or its shareholders.