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 ...)
Trip Report: ANA 767-300 Business Class NRT-HKG
My onward connection to Hong Kong was on a 767-300 operated by Air Japan (an ANA subsidiary). This plane has a somewhat unusual 2-1-2 configuration in business, so I chose the middle seat in row 2 (someone warned me that people often use the row 1 bulkhead ... ( read original story ...)
Hong Kong stocks poised to reopen higher after Christmas holiday
Hong Kong’s index futures advanced on Wednesday morning, suggesting shares are likely to open higher after a two-day closure for holidays. December futures contracts on the Hang Seng Index rose 0.2 per cent, or 54 points, to 29,661 before the spot market ... ( read original story ...)
Hong Kong M&A deals up by almost half in 2017 as mainland firms buy into property, insurance sector
Mergers and acquisitions activity in Hong Kong is up by almost a half this year ... A prime example was AIA buying Commonwealth Bank of Australia’s life insurance business in Australia and New Zealand for US$3.05 billion. By sector, real estate remained ... ( read original story ...)
An Introduction to McKinsey Greater China
In the past 30 years since we established our first office in the region in Hong Kong, we have completed over 2,500 client engagements across more than 15 different industries. McKinsey is a global management consulting firm in Greater China. Today we ... ( read original story ...)
Why McKinsey Greater China
To learn more about how to apply to McKinsey, please visit our firm careers site here To ensure your application gets to us here in Greater China, please indicate your preference for one of our four locations: Beijing, Hong Kong, Shanghai, or Taipei. ( read original story ...)
Hong Kong police arrest business owner after sign falls injuring three people in Yau Ma Tei
The owner of a game centre in Yau Ma Tei was arrested on Monday after the sign to her shop fell from the building, sending three to men to hospital. Police were alerted at about 1pm after the sign – measuring three metres wide and half a metre tall ... ( read original story ...)
Hong Kong’s market rally has brought out the best in people
So here is a festive review of how the stock market rally is not only helping brokers reap bigger bonuses, but also seems to be encouraging Hong Kong people to give away more to good causes. The Community Chest, Hong Kong’s largest charity body ... ( read original story ...)
More to the economy than finding next Google or Facebook, Hong Kong’s small business owners say
Over the past several years Hong Kong has been trying to reinvent itself as a hi-tech hub, looking to turn start-ups into the next Facebook or Google. But with the focus on technology, other entrepreneurs say they are being neglected, even though they feel ... ( read original story ...)
Ships Carrying 50,000 Containers Are on Horizon, Report Says
Today’s top dog, the OOCL Hong Kong, can carry a mind-boggling 21,413 boxes – far more than the largest ship ever to call on the Port of Hampton Roads. So it’s only natural to ask: Are we nearing the limit of what’s possible? To which McKinsey & Co ... ( read original story ...)