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Hong Kong Consumers are spending as usual in the current economy
15 hours ago ago from Luxury in Asia
Seventy-seven percent of Hong Kong consumers are spending the same on necessities while 54% continue to spend on luxury items despite the economic downturn, according to a global survey by leading market research firm Synovate. Interestingly, when asked whether they are worried about the economy, 58% of consumers say they are, but they just can't stop spending. Synovate surveyed more than 17,300 people across 26 markets and found that ...
Related contentHong Kong Smes Demand Lower Bank Interest Rates
11 hours ago ago from Georgia Mortgage Information
SME Survival Alliance, an association of small and medium enterprises (SMEs) in Hong Kong, has demanded that the country's banks must lower their interest rates to help small businesses. Following the financial meltdown, small companies in Hong Kong are facing tough times. Slashing of key interest rates is expected to offer them a much-needed boost to tide over the financial crisis, feels the association. Officials of the SME Survival ...
Related contentChina Pacific Insurance Rises in Hong Kong Debut (Update2) (Bloomberg)
19 hours ago ago from The HongKongBIZZ.COM
Dec. 23 (Bloomberg) China Pacific Insurance (Group) Co. , the nation’s third-largest insurer, rose in its Hong Kong trading debut, set for the best first-day performance among the three biggest public share sales in the city this year. (read the story )
Related contentInbound tourists to Beijing on the increase
23 hours ago ago from world tourism journal
People's Daily Online The number of inbound tourists to Beijing this year is expected to rise by seven percent to exceed 4.05 million, generating foreign exchange earnings of more than 4.46 billion yuan. By the end of November, Beijing received about 3.81 million inbound tourists staying overnight, an increase of 6.9 percent year-on-year. The capital received 406,000 Hong Kong tourists, 14,000 Macao tourists and 220,000 tourists from ...
Related contentPlayStation Store Now Selling “Premium Avatars” In Hong Kong, Europe
22 hours ago ago from Urgent Fury Unleashed
The Hong Kong and European versions of the PlayStation Store now offer one more way to empty one's virtual Wallet, one dollar at a time, with the release of premium avatar packs for the PlayStation 3's XMB. The first of four avatar packs, each featuring three or four LittleBigPlanet-themed icons that can represent you on the PlayStation 3 cross media bar and friends list, are going for $8.00 HK in Hong Kong, which translates to about ...
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Coal Miners Lift Australia
21 hours ago ago from Wall Street Journal
SINGAPORE -- Asian share markets were mostly higher in thin trading Wednesday, with Australian coal stocks shining on corporate action and technology firms advancing across the region. Australia's ASX/S&P 200 was up 0.6%, South Korea's Kospi Composite edged up 0.1% and Hong Kong's Hang Seng Index was flat, while the Shanghai Composite Index added 0.5% in choppy trade. New Zealand's NZX-50 advanced 1%. Trading was thin, however, as the end ...
Related contentHong Kong Seesaws, As China Pacific Debut Slumps - FOXBusiness.com
21 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Finance Tuesday, December 22, 2009 Hong Kong Seesaws, As China Pacific Debut Slumps  By Michael Kitchen MarketWatch Pulse  LOS ANGELES -- ...
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