Category: BUSINESS

HONG KONG--(BUSINESS WIRE)-- Yuk Wing Group Holdings Limited (“Yuk Wing”, together with its subsidiaries, the “Group”; stock code: 1536), a leading manufacturer and supplier of DTH rockdrilling tools in Hong Kong, announces its successful listing ... ( read original story ...)

David and Paul are Partners in McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)

HONG KONG--(BUSINESS WIRE)-- Lalamove, a Hong Kong based on-demand delivery company, completed its Series B Financing round, raising USD 30 million. The Series B Financing round was led by Xianghe Capital, a Beijing VC firm founded by former Head of Baidu ... ( read original story ...)

[1] The numbers bear that out: consecutive years of double-digit growth in both startups and entrepreneurs means Hong Kong is now home to over 1,900 startups.[2] Hong Kong startups have not neglected a technological wave that can revolutionise business ... ( read original story ...)

where he managed and developed new schools in Hong Kong. From 2013 to 2016, Kong was the Head of Operations Development at The Kowloon Motor Bus Company. Kong spent several years at McKinsey & Co. after beginning his career at Cathay Pacific Airways. ( read original story ...)

HONG KONG McDonald's Corp (MCD.N) has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd (0267.HK) and Carlyle Group LP (CG.O) for up to $2.1 billion, seeking to expand rapidly without using much of its own ... ( read original story ...)

McDonald's has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC and Carlyle Group for up to $2.1 billion, seeking to expand rapidly without using much of its own capital. Continue Reading Below The 20-year deal ... ( read original story ...)

HONG KONG: McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to US$2.1 billion, seeking to expand rapidly without using much of its own capital. The 20-year ... ( read original story ...)

HONG KONG - Fast food giant McDonald's says it is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion. The company said in a statement Monday that Citic ... ( read original story ...)

HONG KONG - Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the companies said Monday. Citic Ltd. and its investment ... ( read original story ...)

Hong Kong-listed CITIC Ltd will own about 32 percent of the business, with CITIC Capital, an affiliate company that manages private equity funds and other alternative assets, holding another 20 percent. Carlyle will control 28 percent of the business ... ( read original story ...)

McDonald’s has finalized a deal to sell a controlling stake in its operations in China and Hong Kong to a group of investors led by the Chinese state-backed Citic Limited. Under the terms of the deal announced Monday, the fast food giant will retain ... ( read original story ...)

US fast-food giant McDonald’s will sell a controlling stake in its mainland China and Hong Kong franchise business to a consortium of Citic Group and the Carlyle Group for up to US$2.08 billion (HK$16.14 billion), the companies said Monday. Citic Limited ... ( read original story ...)

One of Hong Kong’s major competitive advantages over other Asian cities was that it was easy to get around and attend three or four business meetings a day. That is rapidly disappearing and we are becoming just another congested Asian city. The ... ( read original story ...)