The firm will add US$2 billion to its existing US$10 billion buyback programme. Read more at straitstimes.com.
Let’s keep our expectations of Hongkong Post realistic
is it too much to expect the postal service to have the business acumen to tackle revenue challenges? This seems unrealistic, to say the least, when Hongkong Post doesn’t appear to be capable of ...
Hong Kong’s MPF to launch electronic platform in June, in biggest overhaul since starting in 2000
The Mandatory Provident Fund, Hong Kong’s pension-fund operator, will launch its electronic platform in June, in the biggest overhaul of the city’s compulsory pension programme since it started in ...
Insurer AIA’s Q1 new business value rises 31%, announces $2 billion buyback
(Reuters) -Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across ...
ClearBridge Global Value Improvers Strategy Q1 2024 Commentary
The ClearBridge Global Value Improvers Strategy outperformed its MSCI World Value Index benchmark during Q1 2024. Click here to read the full fund letter.
Hong Kong, Macao SAR governments welcome updated policies to facilitate mainland business, talents’ travels
The governments of the Hong Kong Special Administrative Region (HKSAR) and the Macao SAR on Sunday welcomed an announcement earlier in the day by the Chinese mainland authorities to facilitate ...
Austin, Texas-based start-up Episode Six is banking on Hong Kong demand for virtual payments, SME lending
Episode Six, or E6, a global provider of payment processing and digital ledger infrastructure for banks and financial institutions, plans to expand its footprint in Hong Kong this year.
Grand Opening of April 2024’s Global Sources Sports & Outdoor and Fashion: Unveiling New Business Opportunities in Sports Fashion
Phase 3 of the 2024 Global Sources Hong Kong Shows officially opened on April 27, 2024, bringing together two shows – Global Sources Sports & Outdoor and Global Sources Fashion. The event will run until April 30 at AsiaWorld-Expo.
Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ...
Hong Kong must find its drive again as rivals like Singapore surge ahead
Hong Kong’s growing disparity with Shanghai, Shenzhen and Singapore is cause for concern. The city must adapt and learn to take risks again to maximise its ‘two systems’ advantages.
New ultra-running startup launches shoes designed to handle hundreds of miles at a time
Mount to Coast, a Hong Kong-based startup claiming to be the first fitness brand in the world to specialize in dedicated ultra running footwear, has just launched its first two shoes: the R1 for ...
CDF launched a high-level management team reshuffle, new management team makes grand debut
China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed ...
Hong Kong e-commerce merchants embrace cross border sales amid economic challenges, survey finds
A growing number of Hong Kong e-commerce merchants are expanding their business to customers beyond the city, according to the latest report by e-commerce solution provider Shopline.
Winner of Hong Kong’s Flagship Global Elevator Pitch Competition Crowned
Circular economy battery startup tozero GmbH walks away with the title of overall champion of the EPiC 2024 tozero GmbH crowned as EPiC 2024 champion claiming the top cash prize of US$90,000, ...