A desperate developer in China's softening property market is coming up with a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. ( read original story ...)
Ximalaya Pushes Back Hong Kong IPO Launch Amid Volatility
Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong, in an abrupt change of heart amid market volatility, people familiar with the ... ( read original story ...)
Hong Kong’s Floating Restaurant Sinks at Sea, Laden With Memories
Jumbo Floating Restaurant, which closed in 2020, capsized in the South China Sea after being towed from the city. The sinking triggered nostalgia for a happier period of Hong Kong history. ( read original story ...)
Mercedes names McKinsey exec Paul Gao to new post of chief strategy officer
Gao, who was most recently a senior partner at McKinsey in Hong Kong, will have a special focus on China, which is Mercedes-Benz's largest single market. ( read original story ...)
Hong Kong’s Jumbo Floating Restaurant sinks in South China Sea
A floating restaurant that was moored in Hong Kong for more than four decades has capsized in the South China Sea as it was being towed away from the former Br ... ( read original story ...)
Hong Kong’s last governor on dealing with China: podcast
Chris Patten was Britain’s top representative in the colony before its handover 25 years ago. In this edition of The Exchange podcast he talks about his newly published diaries, businesses sucking up ... ( read original story ...)
Hong Kong: Inquiry after iconic 80ft floating restaurant capsizes at sea
Aberdeen Restaurant Enterprises said the restaurant became a financial burden to its shareholders, with millions of Hong Kong dollars spent on its inspection and maintenance even though it was not ... ( read original story ...)
Will NFT, metaverse developments in Hong Kong help deliver the city’s next ‘Octopus moment’ in a post-pandemic world?
Launched in September 1997, the Octopus card quickly became a symbol of Hong Kong's ability to foster innovative technology Nearly 25 years later, digital-first enterprises focused on NFT and ... ( read original story ...)
Coming up: Celebrating Hong Kong’s return to the motherland
July 1 marks the 25th anniversary of Hong Kong's return to motherland. Two days ahead of the special day, China Daily is launching special live coverage, inviting guest speakers from different areas ... ( read original story ...)
Hong Kong exchange sets terms for Evergrande to avoid delisting
Chinese Evergrande said that Hong Kong’s stock exchange has set the terms for it to avoid delisting, as turmoil in the country’s property sector pushed a gauge of As ... ( read original story ...)
Hong Kong developers lower prices to generate sales amid interest rate hikes, high supply
Hong Kong property developers are offering new projects at lower starting prices to stimulate sales in an environment of rising interest rates and increasing supply of flats. Sun Hung Kai Properties ... ( read original story ...)
MOVES: Nomura names Nanavati as Southeast Asia investment banking head
SINGAPORE: Nomura Holdings has named Jwalant Nanavati as the new head of its Southeast Asian investment banking business, according to an internal memo seen by Reuters on Tuesday. Hong Kong-based ... ( read original story ...)
Hong Kong’s Jumbo floating restaurant sinks at sea
By Jessie Yeung, CNN An iconic Hong Kong floating restaurant has sunk, just days after it was towed out to sea en route to an unspecified destination. Jumbo Kingdom, a three-story vessel that was at ... ( read original story ...)
Hong Kong’s iconic giant floating restaurant capsizes in South China Sea
An iconic giant floating Hong Kong restaurant has capsized in the South China Sea, less than one week after it was towed away from the city, its parent company said Monday. Aberdeen Restaurant ... ( read original story ...)