Tag: business

Hong Kong stocks started the first day of trading in 2018 with a bang. The Hang Seng Index ended Tuesday above the key 30,000 mark for the best finish since November 2007, thanks to a policy boost from the Chinese central bank to support liquidity in the ... ( read original story ...)

"As one of the world’s leading retail operators, with strong logistics capabilities and local expertise, Al-Futtaim is the ideal partner for us to develop and grow our business in Hong Kong and Macau.” Following the Al Futtaim deal, the last ... ( read original story ...)

Marks & Spencer has offloaded its 27-store Hong Kong business to its long-time franchise partner Al-Futtaim. The British retailer will be selling its stores in the area to long-term franchise partner Al-Futtaim for an undisclosed amount. Dubai-based Al ... ( read original story ...)

The move comes less than two months after M&S spared its Hong Kong operation in a reshaping of its business. It announced the closure of 30 UK stores and is converting 45 more into food-only outlets as it cut back on floor space devoted to its clothing ranges. ( read original story ...)

Hong Kong stocks rose to the highest level in over a decade on ... Sentiment is also buoyed by a private business survey showing growth in China's manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up ... ( read original story ...)

Hong Kong raised $32.8 billion in equity capital in 2017 ... “There are a number of big deals likely to come to market that are backed by strong business dynamics and exposure to China — all at a time when people are reallocating to the region.” ( read original story ...)

The Board of Investments (BOI) said an 11-man delegation composed of representatives from business chambers, banking community and infrastructure and manufacturing companies from Hong Kong recently visited the country to explore investment opportunities. ( read original story ...)

With hardly a year of operations under its belt and scant results to show for it, UBI Blockchain internet is riding buzzwords to a stock boom. It’s become one of the most valuable publicly traded companies in the bitcoin universe – second only to ... ( read original story ...)

My onward connection to Hong Kong was on a 767-300 operated by Air Japan (an ANA subsidiary). This plane has a somewhat unusual 2-1-2 configuration in business, so I chose the middle seat in row 2 (someone warned me that people often use the row 1 bulkhead ... ( read original story ...)

Hong Kong’s index futures advanced on Wednesday morning, suggesting shares are likely to open higher after a two-day closure for holidays. December futures contracts on the Hang Seng Index rose 0.2 per cent, or 54 points, to 29,661 before the spot market ... ( read original story ...)

Mergers and acquisitions activity in Hong Kong is up by almost a half this year ... A prime example was AIA buying Commonwealth Bank of Australia’s life insurance business in Australia and New Zealand for US$3.05 billion. By sector, real estate remained ... ( read original story ...)

In the past 30 years since we established our first office in the region in Hong Kong, we have completed over 2,500 client engagements across more than 15 different industries. McKinsey is a global management consulting firm in Greater China. Today we ... ( read original story ...)

To learn more about how to apply to McKinsey, please visit our firm careers site here To ensure your application gets to us here in Greater China, please indicate your preference for one of our four locations: Beijing, Hong Kong, Shanghai, or Taipei. ( read original story ...)

The owner of a game centre in Yau Ma Tei was arrested on Monday after the sign to her shop fell from the building, sending three to men to hospital. Police were alerted at about 1pm after the sign – measuring three metres wide and half a metre tall ... ( read original story ...)