Category: BUSINESS

HONG KONG Hong Kong mall operators and retailers, plagued by a prolonged slump in sales, are now digging deep in to the local market to revive their business that has slowed due to a plunge in the number of visitors from mainland China. Chinese-controlled ... ( read original story ...)

Oil and gas stocks surged over 3 per cent after a deal by major oil producing countries to cut production, pushing Hong Kong and mainland markets higher on Thursday morning. Hong Kong kicked off December trading with the Hang Seng Index closing the midday ... ( read original story ...)

The 17th Hong Kong Forum, co-organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), opened today at the Hong Kong Convention and Exhibition Centre. Nearly 400 business leaders ... ( read original story ...)

Mutual fund sales in Hong Kong fell 18 per cent in the first nine months this year, led by a decline in the sale of equity funds that were down 66 per cent during the period as investors were cautious amid volatile markets, according to the Hong Kong ... ( read original story ...)

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 ...)

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 ...)

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 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 ...)

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 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 ...)

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 ...)

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] 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 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 ...)