Tag: business

Hong Kong stocks pared back losses to end the morning session slightly lower on Thursday, as gains in Cathay Pacific Airways and Tencent helped to buoy the index, in spite of a cautious tone after US stocks ended lower in overnight trade. The Hang Seng ... ( read original story ...)

Hong Kong stocks enjoyed a late surge on Wednesday to erase earlier losses, after China’s President reportedly called for a peaceful resolution of the North Korean security crisis in a phone call to his American counterpart. The Hang Seng Index shot up ... ( read original story ...)

HONG KONG China Everbright International said on Thursday it plans to spin off and separately list its greentech subsidiary, in a deal that could value the business at up to $1.5 billion. The energy and infrastructure firm said it plans to sell up to 644 ... ( read original story ...)

In a sign of Hong Kong's determination to get a slice of the action, outgoing Chief Executive Leung Chun-ying will lead a delegation of senior officials and business leaders on a three-day visit to six mainland cities in the bay area next week. As the one ... ( read original story ...)

On Hong Kong's third largest outlying island Lamma, accessible via a 25-minute ferry from Hong Kong's central business district, a sprawling luxury development called Lamma 1 (below) sits empty. Lamma 1 was built by Hong Kong-based King Wong Development. ( read original story ...)

Hong Kong's newly-elected Chief Executive Carrie Lam Cheng Yuet-ngor discussed preparations for cabinet appointments with senior officials in Beijing on Monday, ahead of her formal appointment by China's central government. Lam, who arrived in the capital ... ( read original story ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)

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 ...)