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Category: BUSINESS

Posted on 06/02/2025

Amazon and Temu’s owner sees stock-market pressure as U.S. Postal Service to stop accepting Chinese parcels

Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.

Posted on 06/02/2025

China, Hong Kong stocks rise as DeepSeek AI optimism lifts tech sector

DeepSeek’s breakthrough is driving renewed confidence in China’s AI sector and will remain a key market theme, analysts say.

Posted on 06/02/2025

USPS lifts suspension of parcels from Hong Kong and China, reversing decision from a day earlier

Cheap, direct postal service helps popular Chinese e-commerce platforms like Temu and Shein keep their costs low.

Posted on 06/02/2025

Hong Kong stocks gain after US reversal on package ban

The temporary freeze on inbound parcels had threatened companies such as Alibaba Group Holding, JD.com and SF Holding.

Posted on 06/02/2025

US Postal Service restores delivery of incoming parcels from China and Hong Kong after briefly suspending them

The US Postal Service on Wednesday morning announced it will continue accepting incoming international parcels from China and Hong Kong — after saying late Tuesday night that it would suspend them.

Posted on 05/02/2025

Midland chief suggests property-friendly changes to Hong Kong’s cash-for-residency scheme

Hong Kong should make changes to its cash-for-residency scheme to support the city’s sluggish property market, said Freddie Wong Kin-yip, the chairman of property agency Midland Holdings. Wong on ...

Posted on 05/02/2025

The USPS has stopped accepting inbound packages from China and Hong Kong

The United States Postal Service said it will stop accepting parcels from China and Hong Kong.USPS said in a statement that the suspension would be effective starting Tuesday.Only parcels are affected ...

Posted on 05/02/2025

Sandwich chain Eggslut’s Hong Kong affair ends amid retail upheaval

US sandwich chain joins a list of brands finding the city’s retail environment challenging amid a shift in spending patterns.

Posted on 05/02/2025

US Postal Service suspends incoming parcels from China and Hong Kong

The US Postal Service says it has suspended the acceptance of incoming international parcels from China and Hong Kong until further notice, threatening the business models of e-commerce giants Shein ...

Posted on 04/02/2025

Behind the Hong Kong company at the heart of Trump’s claims of Chinese control of the Panama Canal

Trump’s threats to seize a Central American waterway hinge on CK Hutchison Holdings, which is neither Chinese state-owned, nor even a private company ...

Posted on 04/02/2025

Panama lawsuit requests axing Hong Kong firm’s canal concession

Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump's threats to ...

Posted on 04/02/2025

Hong Kong business firm CK Hutchison caught in the U.S.-Panama crossfire

Hong Kong tycoon Li Ka-shing's business empire faces scrutiny over Chinese influence on Panama Canal operations.

Posted on 03/02/2025

I spent years working toward my dream job at JPMorgan in Hong Kong. But just over 3 years into the job, I left — here’s why.

Herman Ko, 27, says he left JPMorgan because of the long hours as well as a mismatch with his career aspirations.

Posted on 03/02/2025

CK Hutchison: the Hong Kong firm behind Panama port operators

A sprawling business empire built by Hong Kong billionaire Li Ka-shing is caught in the crossfire as the extent of Chinese influence over the Panama Canal is debated. - Hong Kong's 'Superman' - CK ...

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