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Tag: business

Posted on 06/12/2023

How a Hong Kong-grown company utilises banking services with global reach to expand overseas

With the help of HSBC’s global network and international business services, airport hospitality provider Plaza Premium Group expanded to more than 250 outlets worldwide in less than three years.

Posted on 06/12/2023

WuXi, Meituan, Swire and Sands China get US$2.6 billion stock-buying support in Hong Kong to stem market rout

WuXi Biologics and Meituan are among four companies getting a US$2.6 billion stock-buying support following a punishing two weeks as the Hang Seng Index slides to a 13-month low.

Posted on 05/12/2023

Hong Kong ‘Shop King’ Tang Shing-bor’s family to raise US$310 million by selling assets including a hotel at a 28% discount

The family of late “Shop King” Tang Shing-bor is raising HK$2.4 billion (US$310 million) by selling a hotel and a majority stake in an East Kowloon industrial building, continuing an asset selling ...

Posted on 05/12/2023

HKTDC Hong Kong Toys & Games Fair returns in January 2024

Hong Kong International Stationery & School Supplies Fair – hkstationeryfair.com ...

Posted on 05/12/2023

WuXi Biologics Weighs On Hong Kong, Regulators Encourage Buybacks

Asian equities were mixed overnight as China underperformed.

Posted on 04/12/2023

Hong Kong stocks cling to 13-month lows amid economic jitters; Evergrande surges on court reprieve

Hong Kong stocks eased to trade near 13-month lows amid concerns ... Earlier the drug maker release a business update that expects a challenging industry landscape ahead. Its affiliate Wuxi Apptec ...

Posted on 04/12/2023

Hong Kong court puts off Chinese developer Evergrande’s hearing on its debt restructuring to January

A Hong Kong court has postponed a court hearing on troubled Chinese property developer Evergrande’s winding-up petition to Jan. 29. Evergrande is trying to win support from its creditors for ...

Posted on 04/12/2023

Insurer HSBC Life draws customers from 46 overseas markets and China as customers throng to Hong Kong for its wider product range

Mainland Chinese clients are not the only ones turning to Hong Kong to buy insurance products, with HSBC Life reporting policy sales to customers from 46 other jurisdictions in the first nine months ...

Posted on 04/12/2023

US reducing reliance on China forces Hong Kong exporters to sever some local, mainland ties over ‘unwritten rules’, boycott threats: industry leaders

Hong Kong firms in Vietnam say US asking them to register their company in Singapore, and nominate representative from city state But some brush off such requests, as well as demands to cut use of raw ...

Posted on 04/12/2023

US reducing reliance on China ‘forces Hong Kong exporters to sever some ties’

Hong Kong firms in Vietnam say US asking them to register their company in Singapore, and nominate representative from city state.

Posted on 03/12/2023

Hong Kong-based sustainable materials firms eyeing plastic waste reduction in city struggle to scale up

Two sustainable materials firms in Hong Kong want to contribute to the city’s efforts towards reducing its fossil fuel-based plastic waste, but face challenges in scaling up their business models.

Posted on 03/12/2023

Former official urges Hong Kong to play up strengths

Former Secretary for Transport and Housing Anthony Cheung on Sunday urged Hong Kong to take steps to clear up misconceptions and promote its ...

Posted on 02/12/2023

Hong Kong’s Middle East adventure: will there be gold or just heartache over cultural obstacles and lack of official support?

Government is hoping to tap into wealthy Middle Eastern markets and diversify Hong Kong’s economy after three years of pandemic curbs and uneasy US-China ties.

Posted on 02/12/2023

Hong Kong’s retail sales rise by 5.6% in October amid tourism revival, but industry leader worries Christmas spending will suffer as residents head north

Provisional figures show sales reach HK$33.8 billion, for 11th consecutive month of improvement Hong Kong Retail Management Association's Annie Tse says operators concerned about business over ...

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