Category: BUSINESS

AIA Group Ltd (1299.HK), the world's third-largest life insurer by market value, said on Friday new business rose 28 percent in 2016, buoyed by strong customer demand in its main markets in China and Hong Kong. Value of new business rose to $2.75 billion ... ( read original story ...)

Hong Kong Disneyland reported a second consecutive annual loss on an 11% drop in attendance and a 7% decline in revenue. The $22-million loss for the fiscal year ended Oct. 1, compared to a $19-million loss in fiscal 2015. The company attributed the slump ... ( read original story ...)

HONG KONG - Hong Kong Disneyland has posted another annual loss as attendance by mainland Chinese tourists dropped amid a softer tourism market. The park said Monday that it lost 171 million Hong Kong dollars ($22 million) on revenue of HK$4.8 billion for ... ( read original story ...)

A 2012 report on women in the workplace by McKinsey & Co showed the percentage of women professionals dropped from 52 at entry-level to 23 at mid-to-senior-management stage, to only 2 percent in CEO positions in Hong Kong. Singapore, Malaysia and Indonesia ... ( read original story ...)

A proposed US bill to protect Hong Kong’s freedom and democracy does not even pass the laugh test. It aims ostensibly to shield the city from Beijing’s interference, and is drafted by three senators who clearly have difficulty understanding what ... ( read original story ...)

ADDISON, TX--(Marketwired - Feb 17, 2017) - A leader in science-based, age-fighting skincare products, Nerium International has officially opened for business in Hong Kong. Nerium International is proud to introduce its Age-Defying Night Cream, NeriumAD ... ( read original story ...)

Hong Kong stocks opened 0.6 per cent higher on Thursday, breaching 24,000 at the opening bell for the first time since August 2015. The strong performance follows further record highs in the US equity market for the fifth-straight day as investors ... ( read original story ...)

We are a city of immigrants. Just a few thousand are true descendants of indigenous Hong Kong farmers and fishermen – though about another million claim that right. The rest of us are economic migrants – just look at Hong Kong place names: Catchick ... ( read original story ...)

Mobile and electronic payment services in Hong Kong are catching up quickly but still lag behind mainland China and Singapore, according to industry players. Payment network provider Visa has seen its contactless payment solution, which allows people to ... ( read original story ...)

Hong Kong has experienced “staggering” growth in entrepreneurship in recent years, a newly released report reveals. Almost a fifth of adults had entrepreneurship intentions last year and 9.44 per cent reported starting or operating new businesses last ... ( read original story ...)

Peace and quiet are rarely terms a prospective holidaymaker would apply to Hong Kong. Instead it is the city’s iconic skyline, bright lights and gleaming glass towers that remain routed in popular imagination. And while nothing quite captures the ... ( read original story ...)

HONG KONG: The mysterious disappearance from Hong Kong of Xiao Jianhua, a China-born billionaire, has sent a chill through mainland business circles linked to the territory, and some are even looking to move their assets, say financiers, lawyers and ... ( read original story ...)

Hong Kong’s richest man was seen visiting the China Liaison Office – Beijing’s organ in Hong Kong – on Wednesday, sparking speculation over whether the visit was related to next month’s chief executive election. In a video captured by digital ... ( read original story ...)

China’s shares closed at their highest level in two months, while Hong Kong stocks reached their highest closing level in more than three months on Friday. The gains followed advances on Wall Street after a tax pledge from US President Donald Trump ... ( read original story ...)