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Tag: business

Posted on 23/09/2020

For Xi Jinping, China’s Hong Kong Crackdown Has Come At A Cost

The diverse city that made its residents proudly label themselves as Hong Kongers and which also attracted so many foreigners has been changed enormously, with the worst yet to come. ( read original story ...)

Posted on 23/09/2020

Japan’s ruling LDP looks to draw companies from Hong Kong

TOKYO (BLOOMBERG) - Japan's ruling Liberal Democratic Party (LDP) is looking to submit a proposal to the Cabinet next week that would help lure firms and financial professionals looking to relocate ... ( read original story ...)

Posted on 23/09/2020

Bank of East Asia to sell insurance business in strategy overhaul

HONG KONG (Reuters) - Hong Kong-based Bank of East Asia Ltd (BEA) 0023.HK said on Wednesday it had decided to initiate a sale of its insurance business following the completion of a review of its ... ( read original story ...)

Posted on 23/09/2020

Hong Kong e-commerce leader offers itself as ally against Amazon

HKTV, which turned to e-commerce in 2015 after being denied a television broadcast license, has created a proprietary end-to-end online shopping business model from scratch in Hong Kong ... ( read original story ...)

Posted on 23/09/2020

Hong Kong’s BEA Presses Ahead With Life Insurance Sale

Its life and general insurance as well as its pension fund business in Hong Kong could be valued at more than $1 billion in total, people familiar with the matter said at the time. BEA Life Ltd., the ... ( read original story ...)

Posted on 23/09/2020

Hong Kong Stock Market Expected To Halt Slide On Wednesday

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net (RTTNews) - The Hong Kong stock market has finished lower in consecutive trading days, plummeting more than 740 points or ... ( read original story ...)

Posted on 22/09/2020

Green Monday Holdings, the business arm of Hong Kong’s vegetarian advocacy group, raises $70 million from TPG, Swire Pacific

Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million in financing ... ( read original story ...)

Posted on 22/09/2020

Hong Kong’s role of bridge between mainland, world incomparable: HKSAR gov’t official

government Paul Chan said on Tuesday that Hong Kong continues to be the unique business bridge between the mainland and the rest of the world. Chan made the remarks at a webinar entitled "How Hong ... ( read original story ...)

Posted on 22/09/2020

Hong Kong investors welcome Chinese ‘homecomings’ from New York

unsubstantiated statements and misleading conclusions regarding the company's business and operations," the company said. U.S.-listed Chinese companies are looking at Hong Kong as a possible ... ( read original story ...)

Posted on 22/09/2020

Chinese EV startup WM Motor raises $1.47bn in biggest funding round

HONG KONG -- Electric vehicle startup WM Motor, one of China's ambitious challengers to Tesla, said it raised 10 billion yuan ($1.47 billion) from a group of state-backed investors -- among others ... ( read original story ...)

Posted on 22/09/2020

EXCLUSIVE-Hong Kong-listed semiconductor maker ASM Pacific plans to go private – sources

Hong Kong-listed semiconductor equipment manufacturer ASM Pacific Technology Ltd is in talks with potential investors to help take it private, people with direct knowledge of the matter told Reuters. ( read original story ...)

Posted on 22/09/2020

Hong Kong Extends Social Distancing Measures for Another Week

Hong Kong will extend virus-related social distancing measures for another week amid persisting signs of hidden Covid-19 transmission, Chief Executive Carrie Lam said. ( read original story ...)

Posted on 21/09/2020

Top 100 Financial Employers in Hong Kong by www.willyouth.org

Top 100 Financial Employers Guidebook in Hong Kong' is launched on an online youth platform by Will-Foundation, a startup firm in Cyberport, Hong Kong. ( read original story ...)

Posted on 21/09/2020

Hong Kong stocks fall most in two months amid simmering US-China tensions as HSBC slumps to lowest since 2009

HSBC weighs down the Hang Seng Index as bank tumbles to the lowest level since 2009 amid concerns about Beijing punishment and an investigative report linking it to some fund movements offshore. ( read original story ...)

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