Please click on each headline for the latest news on Hong Kong and China:
Hong Kong -- China's premier international finance centre
Hong Kong's stature as a capital of world finance has been enhanced by the lure of continued big deals and big money in a fast-rising Asia, according to a TIME article.
With New York and London suffered through bank failures, controversial government bailouts and large-scale job loss, Hong Kong offers favourable economic and political conditions that is in a much more advantaged position against New York and London, it said. According to PricewaterhouseCoopers, the initial public offerings on Hong Kong's stock exchanges raked in over US$31 billion in 2009 -- more than the markets in New York and London combined. The article pointed out that Hong Kong's biggest edge is its special relationship with China. "Shanghai may dominate the country's domestic financial industry, but Hong Kong is still China's premier international finance centre," it said.
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PDAC Seminar on Listing and Capital Raising in Hong Kong
A strong panel of Hong Kong speakers will be sharing their knowledge and insights at a seminar entitled "Listing and Capital Raising in Hong Kong for Mineral and Natural Resources Companies", to be held March 8 at the Metro Toronto Convention Centre as part of the four-day PDAC 2010 International Convention in Toronto.
Speakers of the seminar include Hong Kong's Secretary for Financial Services and the Treasury, Professor K.C. Chan; Chairman of the Hong Kong Stock Exchanges and Clearing Limited (HKEx), Ronald Arculli; President and CEO of Southgobi Energy Resources, Alexander Molyneux.
Mining and natural resources companies planning to raise funds in Hong Kong, one of the most active and liquid markets in the world, would receive pertinent information and market insights from the speakers on ways to leverage the Hong Kong securities market as their fund raising platform in Asia.
The seminar is co-organized by the HKEx, Hong Kong Trade Development Council (HKTDC), Hong Kong Economic and Trade Office and Invest Hong Kong. For event details, please contact Andrew Yui of HKTDC Toronto Office at email: andrew.yui@hktdc.org or Tel: (416) 366-3594.
Avira chooses Hong Kong for North Asia regional headquarters
Avira, a supplier of proprietary security solutions, announced recently the establishment of its new regional headquarters in Hong Kong.
According to the company's Vice President for North Asia, David Ip, Avira will use the regional headquarters in Hong Kong to oversee the company's business operations for North Asia, including Hong Kong, Mainland China, Taiwan and Korea. The German company offers personal and professional products and solutions that provide cross-system protection of networks on various levels including workstations, files, email and web servers. Apart from management products for individual solutions, it also offers security programmes for Personal Digital Assistants (PDAs), smart phones and embedded devices.
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