Hong Kong Herald
HongKongHerald.com Tuesday 6th January 2009 Edition 6/2009
Front Page Hong Kong News
Hong Kong stocks extend gains


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Hong Kong stocks continued their positive start to 2009 Monday with a second day of gains, rising by almost 3.5...


Will Assist Hong Kong Suppliers Of Failed KB Toys
said in a statement. The blue chip company acted as an agent for the U.S. retailer that filed for bankruptcy in December, and said it will help the manufacturers seek recourse from the bankruptcy...


Hong Kong December Property Transactions 5,437; Down 65.1% On Year
, down 68.2% from the same month of 2007. The registry didn't elaborate on the data. Analysts say peopler are reluctant to buy apartments amid the city's economic downturn and on concerns about job...


Hong Kong stocks end sharply higher
Hong Kong stocks surged 520.5 points, or 3.46 percent, to close at 15,563.31 on Monday, boosted by strong rally of companies registered in the Chinese mainland. The benchmark Hang Seng Index rose...


Hong Kong qualifies WiMAX bidders
Hong Kong’s Office of the Telecommunications Authority (OFTA) has shortlisted five qualified bidders for Broadband Wireless Access (BWA) licences, which cover the operation of WiMAX networks....


Citic Pacific shares jump despite Hong Kong probe into board
Shares in investment firm Citic Pacific on Monday outperformed the Hong Kong stock market despite news that its entire board of directors was being probed over a costly trading scandal. The firm's...


Hong Kong hospital admits fault after patient died on its doorstep
Hong Kong - A Hong Kong public hospital Monday admitted it had blundered by refusing to send medics to help a dying patient on its doorstep. The Caritas Medical Centre's actions sparked public...


Hong Kong stocks extend New Year gains with 3.5-per-cent rise
Hong Kong - Hong Kong stocks continued their positive start to 2009 Monday with a second day of gains, rising by almost 3.5 per cent. The blue-chip Hang Seng Index climbed 520.5 points, or 3.46 per...


Windsor fundraiser held for missing woman in Hong Kong
Ani Ashekian decided to go on a trip to Asia. She had planned on travelling to China/India/Vietnam and Cambodia. She only had time to secure a visa to enter China and she decided she would get the...


Middle-class victims of slump seek charity food aid in Hong Kong
Hong Kong - Middle-class victims of the economic slump are seeking help from a food bank for the poor in Hong Kong, a charity said Monday. The charity said there had been about 10 instances in the...


Strong opening by Hang Seng
(2 hrs 40 mins ago) Hong Kong share prices opened up 2 percent, as investors took their cue from a strong rally on Wall Street on Friday, dealers said. The benchmark Hang Seng Index was up 306.52...


Hong Kong retail sales value rises
The value of total retail sales in Hong Kong in November, provisionally estimated at HK$20.5 billion (US$2.65 billion), went up 1.1 percent over a year earlier, official figures released Friday...


Hiking in Hong Kong
Hiking in one of the most crowded places in the world? It sounds bonkers but, as Carole Cadwalladr discovers, minutes from the city's cocktail bars, there are spectacular peaks to climb, idyllic...


Hong Kong air pollution worst since records began
Air pollution across large swathes of Hong Kong last year reached its highest level since records began, despite government efforts to improve the environment, official figures showed Friday.Hong...


Another rare Chinese sturgeon dies in Hong Kong
HONG KONG, Jan. 3 (Xinhua) -- The Hong Kong Ocean Park said here Saturday that another Chinese sturgeon died Friday, raising the death toll of the rare aquatic species in the park to three inhalf a...


Hong Kong leads broad rally on Asian markets
Hong Kong shares started the new year with their best day in three weeks, gaining 4.6 per cent to lead a broad rally among those Asia Pacific markets open for trading. Telecommunications and...


World stock markets open 2009 on high note amid stimulus hopes; Hong Kong up 4.6 percent
HONG KONG - World stock markets opened 2009 on a high note, with Hong Kong's index up more than 4 percent, as investors shrugged off more dreary economic news to focus on government moves to ease...


Hong Kong housewife jailed for branding Indonesian maid with iron
Hong Kong - A 32-year-old Hong Kong housewife was Friday jailed for seven months for branding the arm of her Indonesian maid with a hot iron. Ng Bik-man attacked her 24-year-old maid in August after...


Hong Kong shares jump 4.5 per cent in positive start to 2009
Hong Kong - Hong Kong shares surged by more than 4.5 per cent Friday on the first day of trading in 2009, re-crossing the 15,000-point barrier. The blue-chip Hang Seng Index ended the day up 655.33...


Sex scandal pop star named one of Hong Kong
January 2, 2009 Hong Kong - A pop star at the centre of a celebrity sex photo scandal was on Friday narrowly beaten to the title Person of 2008 in a Hong Kong government radio station poll. ...


Hong Kong & China Gas In 30-Year Coal-Bed Methane Supply Pact
(0003.HK), known as Towngas, said Friday it signed a 30-year contract to buy coal-bed methane from a domestic supplier for its 70%-owned liquefaction plant in Shanxi...


Hong Kong, Seoul Stocks Advance; Sydney Retreats
on hopes the Chinese government may soon award 3G licenses, while Australian stocks gave up early gains after rising during the previous four...


Mascot sealion bites hand that feeds it in Hong Kong park
Hong Kong- An animal trainer at a Hong Kong theme park had to be taken to hospital after being bitten by a sealion, a radio report said Thursday. The sealion bit the trainer on the arm during feeding...


Ten Chinese sailors rescued from sinking ship close to Hong Kong
Hong Kong - Ten sailors had to be rescued from a sinking Chinese cargo ship in rough seas close to Hong Kong, rescue officials said Thursday. The crew sent out a distress call Thursday morning after...


Jim Rogers says he
HONG KONG -- Jim Rogers, chairman of Rogers Holdings, said he's been buying shares of Chinese companies even as growth in the world's fourth-largest economy...


Maria Sharapova pulls out of Hong Kong event as defence of Australian Open crown approaches
Australian Open champion , has withdrawn from the JB Group Classic exhibition tournament in Hong Kong because she is still recovering from a shoulder injury. The news comes just weeks before the...


Hong Kong most pessimistic about the prospects of coming year
Hong Kong, Dec 31: Hong Kong residents have emerged as some of the most pessimistic in the world concerning their expectations for the coming year, according to an online survey published...


Half a million Hong Kong revellers to brave cold to welcome 2009
Hong Kong - More than 500,000 revellers are expected to brave chilly weather Wednesday to count down the New Year alongside Hong Kong's harbour. Police said special traffic arrangements would be in...


Sharapova pulls from Hong Kong as injured shoulder needs more time
Hong Kong - Maria Sharapova will miss a high-powered Hong Kong tune-up event for the Australian Open for only the second time since 2004, due to lack ofpreparation. The Russian revealed that she...


Sharapova withdraws from Hong Kong exhibition
Defending Australian Open champion Maria Sharapova has withdrawn from a Hong Kong exhibition tournament saying she is still recovering from a shoulder injury just weeks ahead of the first Grand Slam...


Boyfriend ends search for missing Canadian tourist in Hong Kong
Hong Kong - The boyfriend of a Canadian woman missing in Hong Kong was Wednesday expected back home after a five-day visit to the former British colony to help the search for her. Wenddell Walsh told...


Nightmare year ends in hope for Hang Seng
(12-31 10:27) Hong Kong share prices closed the year down 48.3 percent, marking the worst percentage fall in 34 years as the global economic crisis hit hard. But the market ended its shortened...


Hong Kong stocks open 0.99% higher
Global Financial Crisis HONG KONG, Dec. 31 (Xinhua) -- Hong Kong' benchmark Hang Seng Index rose 142.01 points, or 0.99 percent, to open at 14,377.51 on...


Hong Kong market advances
(RTTNews) - The Hong Kong stock market was trading higher on Wednesday morning in a truncated session following the overnight gains on Wall Street. Banking and oil stocks were trading higher. At...


Hong Kong stock ‘blackout’ period delayed
Hong Kong’s stock market operator on Tuesday bowed to pressure from business leaders by agreeing to delay plans that would restrict directors’ freedom to trade shares in their companies. Hong...


Baby girl hospitalized in Hong Kong with mild form of bird flu
Hong Kong - A two-month-old baby girl in Hong Kong was in hospital Tuesday after being diagnosed with a mild form of the bird flu virus. The infant, who normally lives in Shenzhen in southern China,...


To Delay Plan Extending Execs
-(Dow Jones)- Hong Kong's stock market operator bent to pressure from the city's business leaders Tuesday, saying it will delay extending the blackout period for share trading by company directors...


Hong Kong Mobile TV Faces Hard Slog
Broadcasters and telecom operators will find it challenging to translate the opportunity into revenue, the technology research analyst said in a statement Wednesday. Hong Kong's Commerce &...


Hong Kong Lawmakers Urge Delay In Trading Blackout Extension
legislative panel urged regulators Tuesday to hold off on a plan to extend the blackout period for company directors trading their own shares, following reports the plan will be...


Hong Kong’s PCCW increases buyout bid
PCCW minority shareholders agreed on Tuesday to adjourn a meeting to consider a buyout offer after controlling shareholders sweetened the takeover offer by 7.1 per cent, a company director...


Cathay Pacific stewardess convicted of stealing 168 trolley items
Hong Kong - A former Hong Kong flight attendant who stole 168 items from the plane's trolleys on a single flight was Tuesday sentenced to community service. Kwong Man-fong, 43, purloined biscuits,...


Hong Kong stocks open 1% higher
HONG KONG, Dec. 30 (Xinhua) -- Hong Kong' benchmark Hang Seng Index rose 148.26 points, or 1.03 percent, to open at 14,476.74 on...


Hang Seng opens up amid more bargain-hunting
(30 mins ago) Hong Kong share prices opened up 1 percent, with dealers reporting more bargain-hunting in the wake of Monday's gains. The benchmark Hang Seng Index was up 148.26 points to...


Cathay Pacific Shares Head for the Worst Annual Decline in 18 Years
Cathay Pacific Airways Ltd. shares are set to experience their biggest annual decline in at least 18 years after battling record fuel prices and a global recession. Cathay Pacific shares plunged...


Lightscape Technologies Awarded Two Projects to Light Up Macau and Hong Kong Landscapes
/PRNewswire-FirstCall/ -- Lightscape Technologies Inc. (OTC Bulletin Board: LTSC), an operator of outdoor LED billboards and provider of LED solutions, announced today that it was awarded two...


Hong Kong tycoons in share trade plea
More than 200 quoted Hong Kong companies on Monday made a public appeal to the territory’s government to postpone plans to curb directors’ freedom to trade shares in their companies.In an open...


Disney Wants To Expand Hong Kong Park, Opt Out Of
Hong Kong Disneyland  park.Disney is currently exploring expansion options with the Hong Kong government, which holds a stake in the venture.A report said that any expansion could include adding...


Disney may expand Hong Kong park
. Disney (NYSE: DIS) is currently exploring expansion options with the Hong Kong government, which holds a stake in the venture. The report says that any expansion could include adding attractions...


Exporters Drag On Nikkei, Kospi; Hang Seng Wavers
Most Asian markets retreated in light trading Monday, shadowed by a weak economic outlook for 2009, with Japanese stocks lower as exporters such...


Hong Kong stocks close higher on bargain hunting
Hong Kong stocks went up 144.34 points, or 1.02 percent, to close at 14,328.48 on Monday, on bargain hunting after four consecutive days of losses. Turnover was thin at 21.95 billion HK dollars (2.8...