Category: BUSINESS

HONG KONG Citigroup said a focus on rich young Asians and new products has helped accelerate net new money growth at its Asia-Pacific consumer wealth business in 2016 to about 10 percent, and a similar annual growth is expected over the next few years. ( read original story ...)

Hong Kong’s business community, which dominates the city’s economy and whose commercial fate is ultimately tied to corporate and political interests in the mainland, has historically formed a strong network of mutual support with the Hong Kong ... ( read original story ...)

LONDON China's Tencent Holdings (0700.HK) and hedge fund Hillhouse Capital, headed by billionaire Zhang Lei, are taking stakes in British insurer Aviva's (AV.L) Hong Kong business, the insurer said on Friday. Aviva has been refocusing on online insurance ... ( read original story ...)

HONG KONG - Paramount Pictures said Friday it has inked a co-financing deal with two Chinese companies for the Hollywood studio's slate of movies over the next three years. Under the terms of the deal, Shanghai Film Group and Huahua Media will also set up ... ( read original story ...)

Annual container volumes at the Port of Hong Kong have fallen below 20 million TEU for the first time in 13 years despite a 14.3% rise in throughput to 1.8m TEU to produce the best monthly growth of the year in December. The port saw an annual volumes fall ... ( read original story ...)

SYDNEY Hong Kong's flag carrier Cathay Pacific Airways will cut jobs and consider shifting some flights to its short-haul arm after completing the biggest review of its business in two decades, it said on Wednesday. The company laid out the results of the ... ( read original story ...)

HONG KONG, Jan. 19, 2017 /CNW/ -- CNOOC Limited (the "Company") (SEHK: 00883, NYSE: CEO, TSX: CNU) today announced its business strategy and development plan for the year 2017. The Company's net production target for 2017 is in the range of 450 to 460 ... ( read original story ...)

1 KEY HIGHLIGHTS Hong Kong Disneyland ( HKDL ) once again delivered record attendance, occupancy and guest spending in fiscal The resort generated record revenues of HK$4,272 million, up 18% from prior year, and a net profit of HK$109 million, the first ... ( read original story ...)

Turkish Airlines was the ideal airline for a luxurious yet affordable business class while returning to London from Hong Kong for the holidays. The amazing services included comfortable seats that converted to lie down beds, mouthwatering meals ... ( read original story ...)

(Incorporated in Hong Kong with limited liability under the Companies Ordinance) In line with its policy of keeping the market informed of its activities, the Company announces a summary of its business strategy and development plan for the year 2017. ( read original story ...)

Hong Kong National Party’s Andy Chan Ho-tin said the ban violated ... demanded a full explanation from the FEHD by the end of business hours today. “We are furious with the FEHD. I believe no Lunar New Year stalls have been terminated like this before ... ( read original story ...)

Looking to get your Hong Kong based startup funded? A great place to start is knowing a few inside tips from founders and investors familiar with the turf. 1. Explain How You’ll Expand Outside Hong Kong If your startup is based in Hong Kong – which has ... ( read original story ...)

Venture capitalists in Hong Kong are calling for stronger support from governments, corporations and banks to strengthen the start-up ecosystem and boost innovation in the city. Speaking at the StartmeupHK venture forum on Tuesday, a panel of venture ... ( read original story ...)

During his final policy address today, Hong Kong’s Chief Executive Leung Chun Ying is expected to announce the scrapping of the Mandatory Provident Fund offsetting mechanism. In a statement released on Tuesday, five business groups protest the plan ... ( read original story ...)