Posts Tagged ‘Finance’

Yahoo finance gets a new look in Hong Kong

Thursday, August 5th, 2010

Yahoo are excited to launch a brand new look for their Yahoo!Finance site in Hong Kong. The revamped site provides the audience with financial news of the day, hottest topics in the finance sector as well as insightful columns by experts. Cartoon inserts are another new feature to spice up the financial data.

To mark the launch, an online survey was also conducted to find out what people in Hong Kong think about the economic trends in the second half of 2010.

The survey was conducted on the Yahoo! Finance site. 2200 people took part in the survey by answering simple questions via a poll. 39% of the respondents are female and 61% are male.

60% of the 2,200 people surveyed shared that they will hold off on buying or selling properties in the second half of 2010. 70% of the respondents will buy property if it costs less than HK$3 million or US$385,000.

Other key survey highlights include:

  • On foreign currencies, over 65% of Hong Kong users think the Renminbi (RMB) will continue to perform well; while 85% think the Euro will continue to be weak and fluctuate
  • Hong Kong users are cautious and prudent in making investment decisions. Female investors in particular listen to investment experts before making decisions. Male investors, on the other hand tend to trust their own research and instincts.
  • On the China property market, Hong Kong users think there will be price adjustments of about 1% to 10%.

The survey reveals that, overall, Hong Kong users are positive about the economic performance of Hong Kong in the next six months.

Development finance for companies

Tuesday, June 22nd, 2010

If your company is in need of development finance, you need to understand the realities of the marketplace today in regards to development loans as well as more basic construction loans.  The fact is that development finance opportunities during these challenging economic times are tight.  Development loans are difficult to obtain in many instances; the same holds true for construction loans. Again, this is just the simple facts of the economy.  

The fact is that in order to obtain a development finance package at a reasonable cost, you need to have a strong credit history.  In order to obtain approval for development loans and construction loans at this point in time it is essential that applying developers or contractors have an already established track record when it comes to develop finance or construction finance.  There needs to be a demonstrated history of managing development finance effectively and satisfying the obligation associated with development loans.  

Finally, in seeking development finance today, a developer has to be certain that he or she is able to present a fully fleshed out business and finance plan.  It is crucial that a specific program be delineated that includes specific milestones in the satisfaction of any development finance obligation.

Obtaining UK business capital is one of the first things most new businesses in the UK will do. In some situations an existing business may seek to obtain UK business capital for the purpose of financing an expansion or purchasing new tools, materials or inventory. UK business capital can be obtained in a number of different fashions. One of the oldest methods is to work with commercial finance companies. These include standard commercial lenders and banks.

Working with commercial finance companies to obtain UK business capital is a popular route to take for many new and existing businesses because in the long run it usually results in less loss. Most lenders have certain requirements.