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Hong Kong

HK wants more investment from mainland SMEs

The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in the territory. The proposed changes would ease foreign exchange restrictions and make it simpler for mainland companies to obtain work...

#Boost#international#Jobs

SMEs need not fear credit squeeze from Basle II...

Hong Kong's small- and medium-sized enterprises (SMEs) will not suffer the credit squeeze feared by some as a result of…

#bank#financial services#international


Credit scoring and factoring boosts lending to SMEs

New credit scoring techniques have paved the way for unsecured lending in the small- and medium-sized business (SME) sector, which…


Financial Secretary Henry Tang’s maiden budget well received

The government of the Hong Kong Special Administrative Region is taking firm measures to rein in its budget deficit, which…


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost


Tourism sparks rush for credit by SMEs

Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…

#bank#funding#interest rates


HSBC revises its Hong Kong GDP growth forecast

George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…

#exports#GDP#interest rates


HSBC loans to SMEs exceed expectations

HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…

#bank#commercial lending#SME loans


Business owners show optimism about economy

Hong Kong business owners have shown a dramatic swing to optimism about the local economy, with the confidence index increasing…

#economic recovery#exports#GDP


SMEs more confident of business prospects

The latest Business Operating Environment Index for Hong Kong small- and medium-sized enterprises (SMEs) released by the SME Center of…


ACCA announce seminars on good accounting management for SMEs

ACCA (the Association of Chartered Certified Accountants) Hong Kong is holding a series of free seminars and talks to be…


Exports grow by 7% in August

Hong Kong's exports grew by seven per cent year-on-year last month but the rate was slightly slower than in July…

Economy witnesses encouraging rebound

Hong Kong's economy has witnessed encouraging improvements recently, in line with the Financial Secretary Henry Tang's earlier remarks that Hong…

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