Tag: business

HONG KONG (Reuters Breakingviews) - Losing Alibaba’s 2014 listing to New York was embarrassing for a city that has thrived connecting China to world markets. Hong Kong could go some way to making up for this in 2018. New York has been the go-to venue for ... ( read original story ...)

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial. The Hong Kong stock exchange is expected to allow companies with dual-class shares to be listed on its main board, according to a Nov. 29 r ... ( read original story ...)

Big wishes for the new year are a bit like big wishes for everything – they are rarely fulfilled. So I’m wondering whether it would be possible to start this year with what is really a rather modest wish for Hong Kong’s government to do far less and ... ( read original story ...)

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 ...)