Tag: business

McDonald’s Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep “a significant minority stake in the business,” a person with direct knowledge of the plans ... ( read original story ...)

But in his case, that last bit proved easier than the winner of this year’s SME Award at the DHL/SCMP Hong Kong Business Awards might have hoped. Throughout his career, Glover’s noticed a correlation between media coverage and lines stretching out the ... ( read original story ...)

The new share trading link between Shenzhen and Hong Kong is being heralded as a milestone that will strengthen Hong Kong’s role as a “super-connector” between China and the world – and the local bourses say there may be more connect schemes to come. ( read original story ...)

Hong Kong (HKSAR) - The Secretary for Commerce and Economic Development, Mr Gregory So, yesterday (December 5, Bern time) met with his Swiss counterparts in Switzerland to promote closer trade and economic ties between Hong Kong and the country. Mr So ... ( read original story ...)

HONG KONG, Dec. 5, 2016 /CNW/ -- InterContinental Grand Stanford Hong Kong has won the attention of the world elites at the World Travel Awards (WTA) Grand Final Gala Ceremony 2016 held in Maldives, garnering the biggest recognition as World's Leading ... ( read original story ...)

The Post recently featured a story about three young Hong Kong entrepreneurs who decided to cross the border to set up business in the Qianhai free-trade zone in Shenzhen. One of them was rejected by the entrepreneur programmes at Cyberport and Hong Kong ... ( read original story ...)

Speaking during a panel discussion at the South China Morning Post’s China Conference in Hong Kong on Friday, Chan shared his pioneering experience by saying the priority task before doing business with countries along the trade route was to be well ... ( read original story ...)

Many commentators call the 21st Century the Asian Century. In the 1700s Asia’s share of global GDP was nearly 60%. Today it is just under 30% and rising. And most forecasters predict that this will grow to over 50% by 2050. Asia was, is and will remain ... ( read original story ...)

More than a million people live in poverty in Hong Kong, a city best known for its big banks and glitzy shops. As Tara Joseph reports, high costs and low wages are denting the spirit of Asia's world City, where experts say the wealth gap is the highest in ... ( read original story ...)

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 ...)