China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News reported on ...
Hong Kong flood aftermath: retailers call for shopping centre operators to cover thousands of dollars in business losses caused by record rainfall
Some shopping centres were left partially flooded after Hong Kong was struck by worst rainstorm in more than a century on Friday, with clean-up efforts continuing into next day.
Hong Kong police arrest 5 in crackdown on crime syndicates behind laundering of HK$105 million using tens of thousands of prepaid cards
HK$8,000 limit for one-off prepaid cards designed to prevent anonymous money laundering, according to police Two wine trading companies purchased over 40,000 prepaid cards worth more than HK$20 ...
Hong Kong rents to rise by most in 11 years as returning students, new professionals battle for housing: Midland Realty
it is believed that there will be an increasing inflow of talent to Hong Kong in the coming year, which will subsequently boost the local property market,” said Sammy Po, chief executive officer ...
Hong Kong’s much-loved film star Brigitte Lin takes on new role as ambassador for dementia project
Lin, now 68, shares her secrets for retaining a sharp mind as dementia prevention project announcedChinese University and Charles K Kao Foundation for Alzheimer’s Disease join forces to help fight the ...
Alibaba’s Grocery Unit IPO Put on Ice Amid Disappointing Valuation – Bloomberg News
Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a ...
Record flooding strikes Hong Kong as deadly deluge injures over 140, brings city to standstill
Record-breaking rain from the remnants of Typhoon Haikui has caused historic flooding in Hong Kong, resulting in at least two deaths reported, over 140 injuries, and widespread landslides.
Record rainfall slams Hong Kong, leaving over 100 injured
Historic rainfall has paralyzed Hong Kong, washing out roads and flooding buildings. The deadly storm is the heaviest in over a century, leaving over 100 people injured.
B.C.’s Cantonese speakers fight to preserve language amid uncertainty in Hong Kong
Some Metro Vancouver Cantonese speakers say the fate of the language is uncertain in its homeland, and overseas communities play a vital role in its preservation.
Extreme rainfall in Hong Kong, Brazil and Greece leaves dozens dead after flash flooding
Unprecedented flooding from extreme rainfall events on multiple continents around the world has left dozens dead and displaced thousands since the start of September. The extraordinary scenes of ...
Alibaba’s Freshippo IPO Plans Take a Backseat as Valuation Expectations Adjust
Alibaba Group Holding Ltd (NYSE: BABA) has decided to delay the potential Hong Kong initial public offering (IPO) of its Freshippo grocery chain due to subdued investor sentiment in the consumer ...
Photos show how Hong Kong’s streets turned into gushing rivers as the city-state endured its worst flooding in 140 years
The city has seen its most torrential rains ever recorded since 1884, with floors of some malls and carparks completely submerged in muddy floodwater.
Hong Kong must-eats: Iconic Cantonese dishes and where to try them
From Tsim Chai Kee's prawn wonton noodles to char siu pork on rice at Sun Kwai Heung, head to these eight tried-and-tested spots to feast on beloved Cantonese classics.
Must-Know Brands From Hong Kong’s Biggest Fashion Showcase, CENTRESTAGE
The raging fashion storm, a.k.a. fashion month, is here again. We're in the midst of New York Fashion Week and still to come are London, Milan and Paris Fashion Week. While those cosmopolitan cities are known as the big four fashion capitals of the world,