The Place: Hong Kong Restaurant, 3871 Fourth Avenue, Hillcrest, 619-228-1702 or 291-9449 Prices: Egg roll, $7; hot and sour soup, $3.50; chicken chop suey, $13.95; kung pao chicken, $13.95; beef in ...
China’s EV stocks start 2024 in reverse gear as price wars pressure profitability
Continuing price war and intensifying competition in the market have put profitability under pressure for China's EV makers.
Hong Kong Stocks Dive At Start Of The Week
Hong Kong shares started the week with a hefty loss owing to a sell-off in Chinese tech giants, while strong US jobs data dealt a blow to hopes for an early interest rate cut by the Federal Reserve.
Hong Kong industrial sales may be constrained until end of 2024
The high cost of funds is expected to take its toll on the investment market. According to a report by Savills, Hong Kong’s logistics sector has faced challenges in recent months, marked by a decline ...
Hong Kong police take down 3 fraud syndicates over attempted HK$10.36 million subsidy scheme swindle
Incident marks first time police have uncovered syndicates allegedly submitting fake applications to government scheme helping businesses to upgrade their technology.
International Buyers Return at First Three Hong Kong Trade Fairs in 2024
Bright start to trade-show year as business opportunities abound- Three fairs attracted some 83,000 buyers from 135 countries and regions, with a significant rise of visitors from Mainland China, ...
Stock market today: World shares are mixed after a lackluster day on Wall St, but Tokyo jumps 2%
HONG KONG – World markets were mixed on Wednesday after a lackluster session on Wall Street, while Tokyo's benchmark hit its highest level since March 1990 as a weaker yen lifted stock prices of ...
Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong IPO, sparking hopes that spin-offs fuel a turnaround in slumping listings market
The potential initial public offering (IPO) could provide a boost to Hong Kong, which has seen a slump in listings ... offs of businesses from existing listed groups that have multiple business ...
Hong Kong’s Regal Hotels forges US$5 billion Saudi deal
The initiative is a significant step in strengthening business ties between Hong Kong and the Middle East. Hong Kong's Regal Hotels forges US$5 billion Saudi deal. Cosmopolitan International Holdings, ...
China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan's market cap in 2023.
China’s Meituan lost $82 billion in market cap on fears over rising competition, slowdown in food delivery business
Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan's market cap in 2023.
Lower Open Predicted For Hong Kong Shares
(RTTNews) - The Hong Kong stock market has finished lower in six straight sessions, tumbling more than 830 points or 5 percent in that span. The Hang Seng Index now rests just above the 16,190-point ...
Cathay Pacific needs to address capacity issues, Hong Kong leader says
Plans by Hong Kong's Cathay Pacific Airways to slash flights during the busy Lunar New Year period show the airline needs to address its capacity problems, the city's leader said, while its pilot ...
Increasing Hong Kong public service charges won’t help to balance books, economists say, calling for focus on boosting business, land sales
Financial Secretary Paul Chan says he will review some public service charges that have not been adjusted for a long time Economists say any changes will affect a lot of people, especially the needy, ...