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Hong Kong consumers were less happy this year, with the Hong Kong Consumer Satisfaction Index shrinking to 66 in 2001, a 2.2 % drop over last year, CityU's Department of Management Sciences announced this week.
Following the establishment of a research base at the Shenzhen Virtual University Park (SVUP), CityU has launched another such centre in Zhuhai's Southern Software Park at the end of this year.
Hot on the heels of the successful public listing of TeleEye Holdings Ltd, CityU is banking on yet another winner in the Smart Asset Management (SAM) Research Laboratory, which was launched at a donation ceremony on 14 May.
Dealings in TeleEye Holdings Ltd, of which City University of Hong Kong is a founding shareholder, commenced on 8 May on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong.
Dealings in TeleEye Holdings Ltd, of which City University of Hong Kong is a founding shareholder, commenced on 8 May on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong.
For years, the thin gauze of atmosphere surrounding the earth hampered astronomers from studying the most distant stars in our cosmos. But the Hubble Space Telescope, fixed in the clarity of space, has lifted that veil. It is our outpost to the universe.
CityU Enterprises Limited (CityUE), a wholly-owned company of City University, operates under the aegis of the Industrial and Business Development Office. It was established in 1992 to facilitate, coordinate, promote and encourage contract research and consultancy which enhances technical innovation, research and development and the advancement of science, the humanities, educational and cultural activities in Hong Kong.
Dealings in TeleEye Holdings Ltd, of which City University of Hong Kong is a founding shareholder, commenced on 8 May on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong.
In another milestone in its development, CityU is the first local institution of higher education to foster a technology company from start-up to public listing. TeleEye Holdings Ltd plans to make a public offer and placing of 50 million new shares, representing 27.8% of the shareholding, on Hong Kong's Growth Enterprise Market. Of the total, 42 million shares are earmarked for a placing and eight million shares will be offered for public subscription.
The best and the worst performing consumer commodities/service in Hong Kong last year were CDs and internet service providers, respectively, according to the findings of a group of researchers from the Department of Management Sciences. The consumer satisfaction index they have developed does more than just measure consumer satisfaction.

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