19 sierpnia, 2013
Hong Kong stocks drop, led by property sector
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Spend your time focusing on your customers. If youre going to read the news, then read what your customers read. Startup events are great, but when is the last time you attended an event your customers went to? Find out where your customers are and show up there instead. You have better uses of your time than worrying why Hong Kong isnt on any top 10 startup lists.
Log In By V. Phani Kumar HONG KONG (MarketWatch) — Hong Kong stocks retreated Monday on worries about the impact from rising U.S. Treasury yields, with property developers coming under selling pressure although some energy producers gained. The Hang http://wallinside.com/post-3999944-kim-kardashians-blinging-baby-shower-gifts-from-beyonce-and-gwyneth-paltrow.html Seng Index /quotes/zigman/2622475 HK:HSI -0.24% dropped 0.4% to 22,432.27 and the Hang Seng China Enterprises Index gave up 0.6% to 10,161.48. /quotes/zigman/14335 HK:16 -0.86% /quotes/zigman/14337/quotes/nls/suhjf SUHJF +0.23% lost 1.1%, while China Overseas Land & Investment Ltd. /quotes/zigman/13931 HK:688 -2.23% /quotes/zigman/527919/quotes/nls/caovy CAOVY -1.86% shed 1% despite data showing a further improvement in Chinese home prices http://www.purevolume.com/quincywckr last month.
Hong Kong’s ’shameful’ treatment of refugees exposed
last year said Hong Kongs Causeway Bay area had overtaken New York s Fifth Avenue as the worlds most expensive district for retail rents. Meanwhile, with the grocery market approaching saturation, sales growth in the industry slowed to 7.9 percent in May from last years annual increase of 11 percent and a 2011 peak of 13 percent, government statistics show. Bidders are going to be pretty cautious, said Benjamin Lo, an analyst at Nomura Holdings Inc. A buyer must take into (source) account the rising costs, especially the high rents in Hong Kong, as they are going to affect the retailers profitability. A price of about $3 billion would be reasonable given ParknShops 2012 sales of $2.8 billion, said Jason Song, an analyst at Guotai Junan Securities Co. in Hong Kong. Morgan Stanley analysts estimate the chain could be valued at $2.5 billion to $3 billion.
Hong Kong Airport cargo volume grows
And theyre getting a morale booster: Late last month, legislators passed a non-binding motion in favor of developing the golf course and sparing existing villages. But the fight wont be an easy one. RECOMMENDED: How much do you know about China? Take our quiz. Though the city of more than 7 million presents a glittering modern image to outsiders, the government provides subsidized housing for more than half of the population.
Hong Kong Rents Hinder Billionaire Li’s Supermarket Sale
Cargo volume was 341,000 tonnes, growing by 1.9 percent. Flight movements reached 32,120 up 7.5 percent compared to the same month in 2012 beating the previous record set in May. Growth in July cargo throughput was mainly driven by a 5 percent year-over-year growth in exports. During the month, cargo throughput to and from North America outperformed other key regions. In July, HKIAs extensive flight destination network was further expanded with the launch of a twice-weekly service to Ordos, Inner Mongolia by Air China. A thrice-weekly Hong Kong-Tainan service was also introduced by China Airlines, providing more convenient travel to the Tainan and Chiayi regions of Taiwan, Stanley Hui Hon-chung, CEO of Airport Authority Hong Kong, said. Over the first seven http://gerardoauts.wordpressy.pl/?p=12 months of 2013, cargo volume grew by 2 percent to 2.3 million tonnes year http://wallinside.com/post-4830473-add-speed-workouts-to-drop-your-5k-time.html over year, while flight movements increased by 5.5 percent to 212,790.
Hong Kong weighs the importance of its last farms
In June, the government announced a new system, which will screen not just torture claimants but all sufferers of persecution and cruel treatment. “It’s a step in the right direction,” says Cheung. But there are no improvements planned for refugee welfare — which is the most urgently needed reform. A provision allowing refugees to seek employment would raise living conditions immeasurably, but this seems a remote possibility at best. If things don’t improve soon, Hong Kong’s treatment of refugees will continue to fall short of the international standards it claims to embrace, and Ping Che will continue to wither. Advocates say change is possible but only if people understand what the refugees are going through.
Typhoon lands in China after Hong Kong shuts down
Her body was found later. Dozens of fishermen were missing after the storm, but most have since returned home, officials said. Rescuers were still struggling to reach at least three isolated towns in the hardest-hit Aurora province, where the typhoon slammed ashore. “As of now, we don’t have communication (with the three towns) and the roads are not passable, even to motorcycles, due to landslides, rockslides and uprooted trees,” said Rey Balido, spokesman for the national disaster agency. He said authorities were taking alternate routes and that the Philippine air force would deliver relief goods.