Outbound mergers and acquisitions (M&As) from Hong Kong companies reached record levels in the first quarter, as firms poured US$15.5 billion into overseas market – the highest total since 2001, Mergemarket data shows. Overseas M&A activity by mainland ... ( read original story ...)
Nine dragon boats once rotting under Vancouver bridge roar back to life
The nine, 40-foot-long, skinny boats had been rotting under the Burrard Bridge for years. They were the original dragon boats gifted to Vancouver by Hong Kong around the time of Expo 86 and launched in this city a love of paddling rooted in a poetic ... ( read original story ...)
SFC to ease Hong Kong listing conditions for firms linked to Belt and Road
Hong Kong’s Securities and Futures Commission says it is willing to be more flexible in approving “One Belt, One Road” initiative-linked companies to list on the main board, even if they do not meet certain criteria. The city’s stock exchange is ... ( read original story ...)
Hong Kong trade agreement will ‘take Australian business international’
An agreement with the Hong Kong Trade Development Council (HKTDC) will help Australian companies “take their business international”, according to the Export Council of Australia (ECA). A Memorandum of Understanding (MOU) to promote trade, investment ... ( read original story ...)
Hong Kong's new China-backed leader says there is no room for moves toward independence
BEIJING/HONGKONG (Reuters) - Hong Kong leader-elect Carrie Lam said on Tuesday there is no room for moves toward independence in the former British colony which she said needs the support of the central government in Beijing to boost economic development ... ( read original story ...)
Shell (RDS.A) to Divest Hong Kong LPG Business for $150M
Anglo Dutch oil giant Royal Dutch Shell PLC RDS.A recently signed a deal to divest its liquefied petroleum gas business in Hong Kong and Macau to oil and LPG supplier, DCC Energy Ltd. which is a subsidiary of DCC plc DCCPF. For Shell, the deal is part of ... ( read original story ...)
DDB Group Hong Kong strengthens global business unit with high profile hires
HONG KONG - Award-winning creative advertising agency DDB Group Hong Kong has bolstered its international business team to offer global brands a full suite of digital, mobile and integrated marketing services as a launch pad into the Asia Pacific region ... ( read original story ...)
A Tale of Two Cities: Hong Kong and Shenzhen Global Entrepreneurship
Kevin Au at the Chinese University of Hong Kong(CUHK) Business School‘s Center for Entrepreneurship(CfE) and his collaborator, Dr. Marta K. Dowejko, former post-doctoral fellow at the CfE and now Research Assistant Professor in Entrepreneurship of the ... ( read original story ...)
A Filipina rises to McKinsey’s top
with half of the team from Hong Kong. Of utmost importance to Kristine Romano, McKinsey’s first Filipina partner, are the following: “The problems I wanted to solve on my own — economic problems, how to improve schooling, how to balance the budget ... ( read original story ...)
China’s carriers set for biggest profit since 2010 as they bypass Singapore and Hong Kong
a Shanghai-based partner at McKinsey & Co. “Beijing, Shanghai and Guangzhou are all becoming powerful hubs as well, being able to draw traffic from China to Europe and U.S., increasingly competing with Tokyo, Seoul and Hong Kong.” On Thursday (March 30 ... ( read original story ...)
Alterna CEO Rob Paterson: “Knowledge is not power unless it is shared with others.”
Paterson spent part of his childhood in Paris and Hong Kong, and received a B.A. from University of ... R.P.: Two individuals profoundly impacted my life; they both worked for McKinsey and Co. Dominic Barton and Steve Baer believed and practised that ... ( read original story ...)
China's Big 3 Carriers Post Biggest Profit Since 2010 as Market Expansion Continues
a Shanghai-based partner at McKinsey & Co, said. "Beijing, Shanghai and Guangzhou are all becoming powerful hubs as well, being able to draw traffic from China to Europe and U.S., increasingly competing with Tokyo, Seoul and Hong Kong." The big three's ... ( read original story ...)
HK’s affordable homes plan up against wall of Chinese capital
Hong Kong’s homegrown property companies are being edged out of their own market and are looking overseas to do business. Local developer David Chiu, chairman of Far East Consortium International, said he had become increasingly disheartened after seeing ... ( read original story ...)
Hong Kong’s nearly HK$2tr fiscal reserves should be spent, to benefit the people who own them
Thanks to land purchases made largely by mainland Chinese developers, who have been paying eye-watering prices, Hong Kong’s latest budget forecast total fiscal reserves to stand at HK$952 billion (US$122.52 billion) by the end of March 2018. Add in ... ( read original story ...)