A proposed $1.4-billion expansion of Hong Kong Disneyland, which experienced a notable drop in attendance last year, would add a “Frozen” themed land and a Marvel area to the 11-year-old theme park, Walt Disney Co. said Tuesday. Other additions to the ... ( read original story ...)
Hong Kong Disney gets $1.4B expansion with Frozen theme area
HONG KONG - Hong Kong officials say they have signed an agreement for a $1.4 billion expansion of the southern Chinese city's Disneyland theme park. The government said Tuesday the plan calls for adding two new themed areas, based on the movie "Frozen" and ... ( read original story ...)
Hong Kong Disneyland holding its own since the opening of Shanghai Disneyland
HONG KONG: It was always expected that Hong Kong Disneyland would be facing stiff competition for tourism dollars after Shanghai Disneyland opened its doors in June. Questions were asked about whether people from mainland China would prefer to visit a ... ( read original story ...)
Hong Kong Disneyland, Seeking Return to Profit, Plans $1.4 Billion Upgrade
LOS ANGELES — The Walt Disney Company’s smallest theme park resort, Hong Kong Disneyland, which lost money amid declining attendance last year, will get $1.4 billion in enhancements as part of a colossal six-year growth plan. The upgrades, announced on ... ( read original story ...)
E-commerce gives lifeline to sinking HK retail sector
The sector has been slumping for the last 19 months, forcing desperate industry operators, especially small and medium-sized retailers, to search for new business opportunities. To be sure, the Hong Kong retail sector's sales have been falling. But ... ( read original story ...)
Hong Kong company stock buying high for third week amid heavy trade in blue chips
The buying was high for the third straight week while the selling among directors rebounded based on filings on the Hong Kong stock exchange from November 14 to 18. A total of 34 companies recorded 196 purchases worth HK$356 million versus 13 firms with 38 ... ( read original story ...)
Hong Kong Airlines launches 10th anniversary sale
To celebrate its 10th anniversary, Hong Kong Airlines will be launching a sale of 100,000 tickets for both economy and business class, to some of its most popular destinations. The sale begins tomorrow, November 22 and lasts until November 28, for travel ... ( read original story ...)
Hong Kong: Stocks end slightly higher
[HONG KONG] Hong Kong stocks closed another volatile day with a small gain Monday as investors brushed off a sell-off on Wall Street, although worries persist about the outlook under a Donald Trump presidency. The Hang Seng index added 0.06 per cent ... ( read original story ...)
Buyer who will pay HK$912 million for Asia’s pricest apartments is unveiled
Two adjoining luxury flats at the Mount Nicholson development on the Peak area of Hong Kong, was sold for an average HK$104,803 per square foot on November 8, breaking the record for the cost of a home in Asia on a per square footage basis. The buyer paid ... ( read original story ...)
Exclusive: Xi Jinping Plans Mass Ouster of Corrupt Hong Kong Officials From Top Chinese Advisory Body
Businesspeople in China and Hong Kong crave membership in the municipal, county, provincial, and national-level CPPCCs to gain access to Chinese officials because membership greatly expands their business networks and opportunities for the right sort of ... ( read original story ...)
Hong Kong, Shanghai: Stocks dip at open after Wall St losses
[HONG KONG] Hong Kong stocks dipped in the first few minutes of trade Monday, tracking losses on Wall Street as investors bet on a steeper rise in US interest rates than previously expected. The Hang Seng index fell 0.14 per cent, or 31.17 points ... ( read original story ...)
Donald Trump's economic plan must be given a chance to succeed: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)
Asia shares higher as China shares rally on yuan weakness
HONG KONG - Chinese shares rallied Monday, leading gains in most other Asian markets higher as Beijing guided the yuan lower again, extending a decline that has picked up pace since Donald Trump's U.S. election victory. KEEPING SCORE: The Shanghai ... ( read original story ...)
Life at a Chinese bank in Hong Kong: “I don’t do deals; I write boring business plans”
The biggest difference working for a Chinese bank is that instead of working away at existing deals, most of our nights are spent on preparing business development plans and RFPs,” says a vice president at China Everbright Securities in Hong Kong. ( read original story ...)