Express Mobile, an information technology company in the U.S., has sued China's Alibaba for patent infringement. According to Express Mobile, the company filed the patent infringement lawsuit against the Alibaba Group in the United States District Court for the Eastern District of Texas, Marshall Division. In the statement, Express Mobile accused Alibaba for infringing its […]
2015-04-09
The strong capital flows from mainland investors to Hong Kong, triggered by government policies to ease restraints on such investments, may carry on for some time, and the A/H premium may narrow in the coming weeks, says a research report by BofA Merrill Lynch Global Research. In recent weeks, the Chinese government has announced a […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-04-09
The Chinese government's recently announced easing measures for the property could provide some modest support to growth in the remainder of the year, says a report by the Australia and New Zealand Banking Group Limited (ANZ). On March 30, the People's Bank of China (PBoC) urged financial institutions to support home purchases using a combination […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-04-09
The total number of visitors arriving in Hong Kong during the Ching Ming festive period fell 12.4% compared with the festive period last year, the Immigration Department said.
In response to media queries today, it noted there were around 468,000 visitors from April 4 to 6, compared with the 534,300 visitors from April 5 to 7 last year.
The number of Mainland visitors fell 14%, from 418,100 to 359,500, while the number of foreign visitors fell 6.6%, from 116,200 to 108,500.
Figures mentioned in a media report today included the arrivals of Hong Kong residents and did not reflect the actual situation of visitor arrivals, the department noted.