Hong-Kong based Sa Sa International announced a 37.3% decrease in profits in its interim results, highlighting decreasing tourism numbers as a key factor. In the period ending September 30th 2016, Sa Sa International’s turnover reached HK$3.63 bn (€442 ... ( read original story ...)
Having climbed up Hong Kong’s food chain, this business is ready to do some good
Hong Kong-based food export company Etak International has a charitable streak – but they don’t like to shout about it. The business, which has its premises on Hennessy Road, Wan Chai, has been contributing to the South China Morning Post’s annual ... ( read original story ...)
SURVEY: Hong Kong and Shanghai business leaders are positive about Trump presidency
The business communities of two of Asia’s top financial centres are “mainly positive about the Donald Trump presidency”, reveals a new survey by one of the world’s largest independent financial advisory organizations. The survey, carried out by ... ( read original story ...)
Fonterra to launch 'Candy Cheese' in Hong Kong
Fonterra is diversifying its product range in new markets abroad, including low-salt cheese in Korea and 'Candy Cheese' in Hong Kong. Fonterra's chief operating officer for global consumer and foodservice, Jacqueline Chow, said the introduction of dairy ... ( read original story ...)
Barclays offloads Singapore and Hong Kong investment management business
http://www.belfasttelegraph.co.uk/business/news/barclays-offloads-singapore-and-hong-kong-investment-management-business-35250960.html http://www.belfasttelegraph.co.uk/business/news/article35250959.ece/fd213/AUTOCROP/h342/PANews%20BT_P-6e531b3f-204c-40ba ... ( read original story ...)
Hong Kong stocks set for subdued start, despite Shenzhen-HK stock connect upsides
Hong Kong stocks are set for a quiet open on Tuesday, even after the announcement of the Shenzhen-Hong Kong Stock Connect launch injected new vigour into markets, sending mainland stocks to an almost 11-month high yesterday. The Hang Seng Index futures for ... ( read original story ...)
Whatever arguments, Disneyland remains more than just a business
Parker Zheng / China Daily The government's proposal to increase its investment in Hong Kong Disneyland, in which it has a majority 53-percent stake, is a business decision with ramifications that extend beyond the theme park's outlook. Nearly a decade ... ( read original story ...)
This Chinese Businessman Says He’s Now ‘More Careful’ about Investing in Hong Kong
A Chinese entrepreneur who recently invested almost $1 billion in Hong Kong’s property market has warned against the territory’s rising sentiments for greater autonomy and independence, saying such political activism will “damage the business ... ( read original story ...)
Hong Kong: Stocks open lower
[HONG KONG] Hong Kong stocks edged down in the first few minutes of trade Tuesday, tracking losses on Wall Street and in Europe while traders cashed in profits after the previous day's gains. The Hang Seng index dipped 0.40 per cent, or 91.06 points ... ( read original story ...)
Hong Kong developers face tougher competition for land sites, says JLL
Hong Kong developers are finding it increasingly difficult to keep adding to their supply of land as their mainland counterparts push into the city’s property market, says Jones Lang LaSalle (JLL). Mainland developers bid on around 62 per cent of the ... ( read original story ...)
What's An E-Commerce Investment Banker From Hong Kong Doing In Detroit?
“I was very interested in coming alongside a project like Service Corps where I can learn about a new business and apply my technical skills.” Along with 15 other employees from Hong Kong, the United Kingdom, and representatives from ten different ... ( read original story ...)
Get tougher on Hong Kong localists to stop them damaging business in city, tycoon says
The chairman of a club that comprises 140 mainland Chinese and local tycoons has urged the Hong Kong government to get tougher with pro-independence localists to stop them damaging the business environment. Shenzhen-based Chen Hongtian, who chairs the ... ( read original story ...)
Amended bid to take Amaya private now down to two backers
Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers. In a filing with U.S. and Canadian securities ... ( read original story ...)
Shenzhen Connect Offers Chinese Stocks. Will the World Buy?
HONG KONG — Global investors in two weeks will get direct access for the first time to the stock market in the Chinese city of Shenzhen, giving them a chance to bet on a tech-heavy clutch of private companies on an exchange sometimes called China’s Nasdaq. ( read original story ...)