Hang Lung Properties (0101) reported a profit of HK$6.67 billion for the year ended June 30. Their Earnings per Share is HKD 5.37.

-Monday, July 26, 2010 UBS plans to hire 2,200 new staff in Asia. Chi-Won Yoon, who became chief executive of UBS Group Asia Pacific in June of last  year, was quoted by Swiss trade magazine Schweizer Bank as commenting that “The defensive phase, in which we tried to maintain our standing and contain any loss [...]

-July 23, 2010 Shui On Land (0272),plans to sell some of the group’s retail and office properties outside its home city to help maintain cash flow.

-July 15, 2010 Hung Hing Printing Group(0450) recorded profit of HK$ 167 million in the last financial year. According to the group, it will spend HK$80 million this year to add four more printing machines from its current 51 in the mainland.

-June 18, 2010 The SCMP has reported that various Regulatory and Law-enforcement agencies are investigating the failed Mid-levels luxury flat sales. Credit Suisse Group has cut Henderson’s rating from ” outperform” to “neutral” in light of this incident.

-June 18, 2010 Russian billionaire Oleg Deripaska’s holding company En+ Group announced yesterday it acquired a 10% stake in the Hong Kong Mercantile Exchange(HKMEx). Registered in 2008, the commodities exchange was set up in response to China’s voracious appetite for oil and other raw commodities.

-June 14, 2010 The Standard Hong Kong has reported that Xinjiang Goldwing Science & Technology aborted its plan to raise up to HK$ 9.09 billion due to unfavorable market sentiments. The news came after International Taifeng( 0873)  saw its Hong Kong IPO listing flop.

June 9, 2010 South China Morning Post has reported that the 70 year old manufacturer of soy-based and other drinks, has seen its net profit increased by 20%, to HK$260 million. Turnover from its mainland operations increased to 24 percent of total sales from 21 per cent last year, totaling HK$ 729 million.

June 9, 2010 Steve Jobs has announced launched hat the iPhone 4 will e launched in countries including Hong Kong and Singapore, by next month. The iPhone 4 will be availabe in the United States, Britain, France, Germany and Japan on June 24, at US$ 199,or the  for the 16 gigabyte version and US$ 299, [...]

-June 7, 2010 South China Morning Post has reported the Ho Man Tin site, which would be a five minutes’ walk to the proposed Ho Man Tin MTR station, is now expected to garner been HK$ 7.15 Billion and HK$10.58 billion,a 10% reduction of initial forecasts by property consultants, due to developers have become more [...]