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Hong Kong is poised to be the leading offshore yuan financial center even if yuan currency becomes fully convertible which may threaten the city's financial position. Meanwhile, HK's dim sum bond market infrastructure building is making more progress as mainland credit rating agencies may start yuan bond ratings in city. The Hang Seng Index, starting on Nov 24, 1969, is a capitalization-weighted stock market index in the Hong Kong Stock Exchange, served as the main indicator of the overall market performance in Hong Kong.
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  • By Yuan Shenggao(China Daily)2017-12-11 08:25

    With the geographical advantages of Yunnan, the upcoming China-South Asia Expo - to be held next year in the province's capital city Kunming - aims to boost cooperation between China and countries from southern Asia. The expo will be held at the Dianchi International Convention and Exhibition Center...

  • By Wang Ying In Shanghai(China Daily)2017-12-11 07:41

    China is making rapid progress in green buildings and appears set to cement its place among the world's top markets for cost-effective and environment-friendly structures, according to an industry report. The 2017 China Green Building Report by CBRE Research said the green building concept has been ...

  • By Yuan Shenggao(China Daily)2017-12-08 07:29

    Guangzhou, capital of South China's Guangdong province, has improved its competitiveness as a regional transportation hub and an international financial and trade center in recent years. The city ranked No 15 in terms of economic competitiveness and No 36 in terms of sustainable competitiveness amo...

  • By Yuan Shenggao(China Daily)2017-12-08 07:29

    Guangzhou's business-friendly policies are attracting and nurturing high-tech emerging industries Guangzhou's success in bidding to play host to the 2017 Fortune Global Forum is thanks to the acclaimed business-friendly environment it has established. The city provides fertile ground for the blossom...

  • By Cao Yingying(China Daily)2017-12-08 07:29

    Guangzhou, capital of the southern Chinese province of Guangdong, has emerged as an international exchange center and a new hub of global integration under China's Belt and Road Initiative. The city, also known as the southern gate of China, is speeding up the process of opening-up to the outside wo...

  • By Wang Yanfei In Guangzhou(China Daily)2017-12-08 07:29

    The Chinese economy is likely to achieve higher than 7 percent growth next year, supported by a likely rebound in private investment that has remained sluggish for months, according to Li Daokui, economist and director of the Center for China in the World Economy at Tsinghua University. Major growth...

  • By Pearl Liu In Hong Kong For China Daily(China Daily)2017-12-08 06:25

    As films adapted from intellectual property become all the rage, the movie industry is urged to focus more on quality storylines and professionalism to sustain growth Online-novel-turned films are expected to gain fresh momentum and traction in future, with intellectual property becoming the latest ...

  • By Lin Wenjie In Hong Kong(China Daily)2017-12-08 06:25

    Within 10 years' time, more than half of the films shown in the rapid developing Chinese market will be based on existing novels or intellectual property, like what is happening in Hollywood now, according to Ma Zhongjun, chairman and president of Ciwen Media, a Beijing-based Chinese broadcaster. At...

  • (China Daily)2017-12-08 06:20

    After a sustained rally, the Hong Kong stock market behaved rather strangely in the past few weeks - plunging for a few days and, for some mysterious reasons, creeping up again only to make another dive afterward. Chartists, I'm sure, have a name for such market behavior. For the rest of us, it's ca...

  • By Lin Wenjie In Hong Kong(China Daily)2017-12-08 06:20

    SAR's retirees banking on mainland social insurance for extra protection As Hong Kong's army of impending retirees begins to swell and ponders over what life would be like in their sunset years amid depleting savings and meager retirement funds, casting a "buffer" security net on the Chinese mainlan...

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