Police say gangs extorted fees from vendors to sell lunchboxes to workers in the area, with a source revealing monthly revenue could be up to HK$500,000 Other illegal operations include unlicensed ...
MTR Lab invests in Hong Kong green energy storage system provider Ampd Energy to fund start-up’s expansions in UAE and US
Hong Kong railway operator’s technology-investment unit has funded local battery-powered energy storage system provider Ampd Energy to finance its expansion projects in the United Arab Emirates and ...
Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt
The group’s management said on a call that it will retain its Coca-Cola franchises in China, which contributes about half of its revenue from the beverages business, Hong Kong, Taiwan, Cambodia and ...
Hong Kong Tycoons Race to Cut Debt With $8.4 Billion Asset Sales
Swire Pacific Ltd. became the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.
Hong Kong-based biotech Insilico Medicine shifts IPO plan to city from New York
While Insilico has not announced an IPO timetable or amount, sources say the Hong Kong Science and Technology Park-based firm hopes to raise US$200 million.
Hong Kong to cut time between IPO pricing and trading of shares in a move likely to boost city’s appeal as listing destination
New digital interface set to launch in October will cut the settlement period from five business days to two, HKEX said on Wednesday Move will 'enhance market efficiency and strengthen the ...
Hong Kong stocks slip with SMIC pressured by potential US chip ban while JD.com tumbles after Daiwa slashes target price
Local stocks struggle for traction after a fleeting rally on Tuesday. Chip makers suffer as the US considers banning exports to China, while Daiwa slashes JD.com’s price-target by almost 20 per cent.
Hong Kong’s John Lee gears up for Asean trade trip next month to lure business, as weak global demand drags down exports
Commerce secretary Algernon Yau says city leader will travel to Singapore, Indonesia and Malaysia to bolster ties with Asean members Latest trade data shows exports fell by 15.6 per cent in May over a ...
MTR Lab invests in Hong Kong battery-powered energy storage system provider Ampd Energy to fund expansions in UAE and US
MTR Lab, a subsidiary of Hong Kong’s railway operator that invests in technology, has invested in local battery-powered energy storage system provider Ampd Energy to fund its expansion projects in the ...
How one commercial real estate player has continued to grow alongside Hong Kong’s skyline for 50 years and counting
Celebrating its 50th anniversary in Hong Kong, global commercial real estate services firm JLL reflects on its role in the city’s business evolution as it takes on new issues like sustainability and ...
Hong Kong’s third richest family makes US$4.6 billion takeover offer for NWS to help ease debt burden at New World Development
Hong Kong’s third richest family, led by Henry Cheng Kar-shun, offers to take full control of NWS Holdings, including a big block held by New World Development, to help ease the latter’s debt burden.
Hong Kong welcomes back Chinese drone maker DJI, with new store in Tsim Sha Tsui after 2-year absence
World’s largest recreational drone manufacturer opens retail space in Tsim Sha Tsui in crossover with Swedish camera maker Hasselblad.
Opinion: My childhood in Hong Kong prepared me for how China reacted to ‘The Little Mermaid’
Writer MonaLisa Leung Beckford, a self-described “Blasian” – a person of mixed Black and Asian heritage – says she was disappointed, but not surprised about the negative reception “The Little Mermaid” ...
Hong Kong Stock Trading in Yuan Starts Slowly With One Exception
Hong Kong’s initiative to allow trading of some locally-listed stocks in yuan has seen a muted start, with an average of just 1% of volume in those counters using the Chinese currency.