Tag: business

In Hong Kong, the mother of two young children had ... The global business consulting firm McKinsey & Company has agreed to a $573-million settlement over its role in the opioid crisis. ( read original story ...)

Beijing imposed a wide-ranging national security law on Hong Kong in June 2020. Since then the government has cracked down on the city's education sector, its media and political life. The FT's Hong K ... ( read original story ...)

Carrie Lam, chief executive of the Hong Kong Special Administrative Region (HKSAR), on Friday highlighted Hong Kong's unique advantages for doing business during an online dialogue with more than 700 ... ( read original story ...)

Chief Executive Carrie Lam today had an online dialogue with more than 700 entrepreneurs and business executives from different corners of continental Europe to highlight Hong Kong's unique advantages ... ( read original story ...)

More than 20 European business chambers took part in the online dialogue, with many worrying aloud about the impact of the law on the city’s future. ( read original story ...)

Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus ... ( read original story ...)

Kuaishou raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each. ( read original story ...)

Who needs orchestrated campaigns like the short squeeze on U.S. video-game retailer GameStop when there is the old-fashioned lure of a shoot-for-the-moon stock? Kuaishou Technology shares almost ... ( read original story ...)

Overall restaurant receipts for 2020 shrank to HK$79.4 billion from HK$112.5 billion in 2019 as social-distancing regulations hammered industry. ( read original story ...)

CEO of Canadian Olympic Committee said athletes have the right to speak freely, but they will be counselled on what ‘they might consider not commenting on’ ... ( read original story ...)

Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top executive at the city's banking regulator said on Thursday. ( read original story ...)

Hong Kong stocks are getting a lift from several upgrades in Alibaba Group’s price targets while oil companies jump with crude prices at more than one-year high. Cash may flow out as investors prepare ... ( read original story ...)

Kuaishou Technology surged in Hong Kong’s gray market trading, in a sign that one of the city’s biggest initial public offerings in years is off to a good start. The short-video startup, backed by ... ( read original story ...)

Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done. ( read original story ...)