MIRA
INFORM REPORT
|
Name :
|
ORIENTLINK (HONG
KONG) LTD.
|
|
|
|
|
Registered Office :
|
Room 2902, 29/F., Pacific Plaza,
410 Des Voeux Road West
|
|
|
|
|
Country :
|
Hong Kong
|
|
|
|
|
Date of Incorporation :
|
22.04.2002
|
|
|
|
|
Com. Reg. No.:
|
32677043
|
|
|
|
|
Legal Form :
|
Not Available
|
|
|
|
|
Line of Business :
|
Not Available
|
|
|
|
|
No of Employees :
|
Not Available
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List March 31, 2014
|
Country Name
|
Previous Rating
(31.12.2013)
|
Current Rating
(31.03.2014)
|
|
Hong Kong
|
A1
|
A1
|
|
Risk Category
|
ECGC
Classification
|
|
Insignificant
|
A1
|
|
Low Risk
|
A2
|
|
Moderate Low Risk
|
B1
|
|
Moderate Risk
|
B2
|
|
Moderate High Risk
|
C1
|
|
High Risk
|
C2
|
|
Very High Risk
|
D
|
HONG
KONG - ECONOMIC OVERVIEW
Hong Kong has a free market
economy, highly dependent on international trade and finance - the value of
goods and services trade, including the sizable share of re-exports, is about
four times GDP. Hong Kong has no tariffs on
imported goods, and it levies excise duties on only four commodities, whether
imported or produced locally: hard alcohol, tobacco, hydrocarbon oil, and
methyl alcohol. There are no quotas or dumping laws. Hong
Kong's open economy left it exposed to the global economic
slowdown that began in 2008. Although increasing integration with China, through
trade, tourism, and financial links, helped it to make an initial recovery more
quickly than many observers anticipated, its continued reliance on foreign
trade and investment leaves it vulnerable to renewed global financial market
volatility or a slowdown in the global economy. The Hong
Kong government is promoting the Special Administrative Region
(SAR) as the site for Chinese renminbi (RMB) internationalization. Hong Kong
residents are allowed to establish RMB-denominated savings accounts;
RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong; and RMB trade settlement is allowed. The
territory far exceeded the RMB conversion quota set by Beijing for trade settlements in 2010 due to
the growth of earnings from exports to the mainland. RMB deposits grew to
roughly 12% of total system deposits in Hong Kong
by the end of 2013. The government is pursuing efforts to introduce additional
use of RMB in Hong Kong financial markets and
is seeking to expand the RMB quota. The mainland has long been Hong Kong's
largest trading partner, accounting for about half of Hong
Kong's total trade by value. Hong Kong's
natural resources are limited, and food and raw materials must be imported. As
a result of China's
easing of travel restrictions, the number of mainland tourists to the territory
has surged from 4.5 million in 2001 to 34.9 million in 2012, outnumbering
visitors from all other countries combined. Hong Kong
has also established itself as the premier stock market for Chinese firms
seeking to list abroad. In 2012 mainland Chinese companies constituted about
46.6% of the firms listed on the Hong Kong Stock Exchange and accounted for
about 57.4% of the Exchange's market capitalization. During the past decade, as
Hong Kong's manufacturing industry moved to
the mainland, its service industry has grown rapidly. Credit expansion and
tight housing supply conditions have caused Hong Kong
property prices to rise rapidly; consumer prices increased by more than 4% in
2013. Lower and middle income segments of the population are increasingly
unable to afford adequate housing. Hong Kong
continues to link its currency closely to the US dollar, maintaining an
arrangement established in 1983. In 2013, Hong Kong and China signed new agreements under the Closer
Economic Partnership Agreement, adopted in 2003 to forge closer ties between Hong Kong and the mainland. The new measures, effective
from January 2014, cover services and trade facilitation, and will improve
access to the mainland's service sector for Hong Kong-based companies.
Company name
ORIENTLINK (HONG KONG) LTD.
REGISTERED OFFICE
Room 2902, 29/F., Pacific
Plaza, 410 Des Voeux Road West, Hong Kong.
BUSINESS REGISTRATION NUMBER
32677043
COMPANY FILE NUMBER
0794581
DATE OF INCORPORATION
22nd April, 2002.
CAPITAL
Nominal Share Capital: HK$100,000.00
(Divided into 100,000 shares of HK$1.00 each)
Issued Share Capital: HK$100,000.00
SHAREHOLDERS
(As per registry
dated 22-04-2014)
|
Name
|
|
No.
of shares
|
|
Syed
Mohammod Abdullah Ibne HAFIZ
|
|
46,000
|
|
Sabina
FATIMA
|
|
47,500
|
|
Syed Azizul HAFIZ
|
|
6,500
|
|
|
|
|
|
|
Total:
|
100,000
======
|
DIRECTORS
(As per registry
dated 22-04-2014)
|
Name
(Nationality)
|
Address
|
|
Sabina FATIMA
|
Flat E, 8/F., Tower 21, Mei Chun Court
(South Horizons), 21 South
Horizon Drive, Hong Kong.
|
|
Syed Mohammod Abdullah Iben HAFIZ
|
Flat E, 8/F., Tower 21, Mei Chun Court
(South Horizons), 21 South
Horizon Drive, Hong Kong.
|
SECRETARY
(As per registry
dated 22-04-2014)
|
Name
|
Address
|
Co.
No.
|
|
Saferich Secretarial Ltd.
|
Room 1311, 13/F., Olympia Plaza,
255 Kings Road, North Point, Hong Kong.
|
0812578
|
|
Currency
|
Unit
|
Indian Rupees
|
|
US Dollar
|
1
|
Rs.59.73
|
|
UK Pound
|
1
|
Rs.102.36
|
|
Euro
|
1
|
Rs.81.38
|
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.
|
|