Joint checkpoint decision in Hong Kong an ‘act of state’, leading Beijing adviser says If business assumes that the tail will only squeeze tighter, it is important to plan ahead. A good analogy might be to look at Hong Kong converging with the Shanghai ... ( read original story ...)
China stocks climb on robust services sector activity; Hong Kong also up
Chinese H-shares listed in Hong Kong rose 0.87 per cent to 12,194.58, while the Hang Seng Index was up 0.45 per cent at 30,699.74. The smaller Shenzhen index was up 0.17 per cent and the start-up board ChiNext Composite index was weaker by 0.23 per cent. ( read original story ...)
Hong Kong will start atoning for missing Alibaba listing
Hong Kong: Losing Alibaba’s 2014 listing to New York was embarrassing for a city that has thrived connecting China to world markets. Hong Kong could go some way to making up for this in 2018. New York has been the go-to venue for initial public offerings ... ( read original story ...)
Breakingviews – Hong Kong will start atoning for missing Alibaba
HONG KONG (Reuters Breakingviews) - Losing Alibaba’s 2014 listing to New York was embarrassing for a city that has thrived connecting China to world markets. Hong Kong could go some way to making up for this in 2018. New York has been the go-to venue for ... ( read original story ...)
Hong Kong renaissance
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial. The Hong Kong stock exchange is expected to allow companies with dual-class shares to be listed on its main board, according to a Nov. 29 r ... ( read original story ...)
Overzealous bureaucrats are a threat to Hong Kong’s can-do business reputation
Big wishes for the new year are a bit like big wishes for everything – they are rarely fulfilled. So I’m wondering whether it would be possible to start this year with what is really a rather modest wish for Hong Kong’s government to do far less and ... ( read original story ...)
Hong Kong stocks off to flying start on the first day of trading in 2018
Hong Kong stocks started the first day of trading in 2018 with a bang. The Hang Seng Index ended Tuesday above the key 30,000 mark for the best finish since November 2007, thanks to a policy boost from the Chinese central bank to support liquidity in the ... ( read original story ...)
Marks & Spencer sells Hong Kong stores in overseas shake-up
"As one of the world’s leading retail operators, with strong logistics capabilities and local expertise, Al-Futtaim is the ideal partner for us to develop and grow our business in Hong Kong and Macau.” Following the Al Futtaim deal, the last ... ( read original story ...)
Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau
Marks & Spencer has offloaded its 27-store Hong Kong business to its long-time franchise partner Al-Futtaim. The British retailer will be selling its stores in the area to long-term franchise partner Al-Futtaim for an undisclosed amount. Dubai-based Al ... ( read original story ...)
Marks & Spencer sells Hong Kong stores as it retreats from overseas markets
The move comes less than two months after M&S spared its Hong Kong operation in a reshaping of its business. It announced the closure of 30 UK stores and is converting 45 more into food-only outlets as it cut back on floor space devoted to its clothing ranges. ( read original story ...)
Hong Kong stocks hit 10-year high; China up on factory activity
Hong Kong stocks rose to the highest level in over a decade on ... Sentiment is also buoyed by a private business survey showing growth in China's manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up ... ( read original story ...)
Hong Kong eyes blockbuster China technology IPO queue, led by Xiaomi
Hong Kong raised $32.8 billion in equity capital in 2017 ... “There are a number of big deals likely to come to market that are backed by strong business dynamics and exposure to China — all at a time when people are reallocating to the region.” ( read original story ...)
Hong Kong investors bullish on Philippines
The Board of Investments (BOI) said an 11-man delegation composed of representatives from business chambers, banking community and infrastructure and manufacturing companies from Hong Kong recently visited the country to explore investment opportunities. ( read original story ...)
From bedwetting to blockchain: How a Hong Kong tech start-up is riding the bitcoin craze
With hardly a year of operations under its belt and scant results to show for it, UBI Blockchain internet is riding buzzwords to a stock boom. It’s become one of the most valuable publicly traded companies in the bitcoin universe – second only to ... ( read original story ...)