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Month: May 2020

Posted on 07/05/2020

Manulife Hong Kong reports solid growth in the first quarter of 2020

The Manulife group of companies operating in Hong Kong ("Manulife Hong Kong") today announced solid growth for the first quarter of 2020. ( read original story ...)

Posted on 07/05/2020

Hong Kong Exchange CEO Li to Step Down as Headwinds Mount

Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li said he’s stepping down after 10 years, adding his departure to the rising challenges for the bourse at a turbulent time for the ... ( read original story ...)

Posted on 07/05/2020

Hong Kong shares close lower amid bleak global trade outlook

Trump to report on China’s fulfillment of trade deal BEIJING/SHANGHAI, May 7 (Reuters) - Hong Kong shares ended lower on Thursday, as sentiment was weighed by a bleak outlook for global trade after ... ( read original story ...)

Posted on 07/05/2020

Hong Kong Exchanges & Clearing profit falls 13%

Hong Kong Exchanges & Clearing Ltd. reported a 13% fall in its first-quarter net profit, as pandemic-triggered turmoil in the financial markets led to ... ( read original story ...)

Posted on 07/05/2020

Filipino Musicians Drive Hong Kong’s Music Scene, but Gigs Have Dried Up

Battered by the one-two punch of protests and a pandemic, Hong Kong’s music venues have mostly gone silent. No one has felt the pinch more than singers, drummers and guitarists from the Philippines. ( read original story ...)

Posted on 07/05/2020

Charles Li to step down as head of Hong Kong exchange

An outspoken former oil-rigger, Charles Li moved to internationalise Hong Kong Exchanges & Clearing in his decade as chief executive by encouraging more global companies to list and building ties with ... ( read original story ...)

Posted on 07/05/2020

Hong Kong Exchanges CEO Charles Li to Step Down

The operator of Hong Kong’s stock exchange said its longtime chief executive plans to step down by October 2021, or earlier if a successor is found before then. ( read original story ...)

Posted on 07/05/2020

Boosted by US$6 million Alibaba cash injection, Hong Kong compostable food packaging start-up takes on single-use plastics

Ecoinno has received US$6 million from the Alibaba Entrepreneurs Fund for manufacturing facilities, including a fully automated factory in Tai Po, that will produce fully compostable packaging and ... ( read original story ...)

Posted on 07/05/2020

Easing of social distancing measures is good news for bars and restaurants, says Hong Kong tycoon

On Tuesday, the financial hub announced plans to relax social distancing measures, including the reopening of venues such as cinemas, bars, beauty parlors, and schools with effect from May 8. ( read original story ...)

Posted on 07/05/2020

Hong Kong Bourse May Be Stuck In Neutral On Thursday

The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 520 points or 2.2 percent along the way. The Hang Seng Index now sits just beneath the 24,140-point plateau ... ( read original story ...)

Posted on 07/05/2020

That Mulberry Iris handbag is now 18 per cent cheaper in China, with UK luxury retailer focusing on Asia while pandemic dents global tourism

Mulberry Group, the UK’s largest leather goods producer, is focusing international efforts on Asia with an online push to capture high-spenders especially among Chinese consumers. ( read original story ...)

Posted on 07/05/2020

There Really Is No Place Like Home in Covid-19 Hong Kong

This residential property market refuses to follow the economy into crisis. When asking why, start with the Fed. ( read original story ...)

Posted on 07/05/2020

38-Year-Old CEO of Top Korean Fintech Startup Seeks $200 Million

Viva Republica Ltd., operator of South Korea’s largest fintech startup Toss, is planning to raise about $200 million from investors to bankroll its expansion in online banking and security trading ... ( read original story ...)

Posted on 07/05/2020

Pompeo Delays Hong Kong Report to See if China Acts to ‘Further Undermine’ Autonomy

The U.S. State Department is delaying a report to Congress assessing whether Hong Kong enjoys sufficient autonomy from China to continue receiving special treatment from the United States, Secretary ... ( read original story ...)

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