McDonald's unloads its business in China

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

HK startups revving up 'significantly'

The Hong Kong government's stepped up efforts to lift the innovation and technology sector have apparently paid off, with startup enterprises in the city reporting significant growth last year, along with those in the Pearl River Delta. Parker Zheng ... ( read original story ...)

The essential guide to Kowloon, Hong Kong's 'dark' side

Hong Kong's best hotels for amazing views Where to eat Hutong Hutong, which serves northern-style Chinese cuisine, offers stunning views of the city's central business district skyline across the harbor. Flavors in dishes served at this high-end restaurant ... ( read original story ...)

Yuk Wing Group Holdings Limited Trading Debut

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 ...)

McDonald's Sells China, HK business to CITIC, Carlyle for $2.1B

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 ...)