Hong Kong needs to attract more health care and biotechnology and other technology firms to its initial public offering market, to diversify the city’s mix of listed stocks, according to global law firm Baker McKenzie and consulting giant PWC ... ( read original story ...)
Home-purchase confidence in Hong Kong nosedives as property prices continue to climb
Home-purchase confidence in Hong Kong took a nosedive of about 21 per cent last quarter as already sky-high property prices continued to rise despite a recent drastic increase in the punitive stamp duty. According to a poll of 1,007 participants by the ... ( read original story ...)
Hong Kong SFC Warns Against Four Unlicensed Online Brokerages
Hong Kong’s Securities and Futures Commission (SFC), the country’s main financial services watchdog, today issued its second warning in a week, adding a further four entities to its Alert List after it came to light that they were offering their ... ( read original story ...)
Hong Kong's legal elite voice autonomy fears after China intervention
HONG KONG Leading Hong Kong lawyers voiced fresh concerns on Monday ... to very basic principles … one is the independence of the judiciary," Ma told a rare news conference. Despite broad concerns in the legal community, including a silent protest ... ( read original story ...)
GLG Welcomes Stephan Bosshart and Eddie Kong to Asia-Pacific Leadership Team
where he managed and developed new schools in Hong Kong. From 2013 to 2016, Kong was the Head of Operations Development at The Kowloon Motor Bus Company. Kong spent several years at McKinsey & Co. after beginning his career at Cathay Pacific Airways. ( read original story ...)
Singapore: Troop Carriers Held in Hong Kong Should Be Freed
Singapore's defense minister said Monday that nine armored personnel carriers that are being held in Hong Kong should be returned immediately under sovereign immunity laws. Customs authorities in Hong Kong, a Chinese territory, seized the eight-wheeled ... ( read original story ...)
Pro-democracy lawmaker Nathan Law attacked at Hong Kong airport
HONG KONG: Hong Kong's youngest legislator Nathan Law was attacked by anti-independence protesters at the city's airport late Sunday (Jan 8) after flying back from a political forum in Taiwan. Law, 23, was met by a crowd of angry pro-Beijing demonstrators ... ( read original story ...)
McDonald's sells most of China, HK business to CITIC, Carlyle for $2.1 billion
HONG KONG McDonald's Corp (MCD.N) has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd (0267.HK) and Carlyle Group LP (CG.O) for up to $2.1 billion, seeking to expand rapidly without using much of its own ... ( read original story ...)
McDonald's Sells China, HK business to CITIC, Carlyle for $2.1B
McDonald's has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC and Carlyle Group for up to $2.1 billion, seeking to expand rapidly without using much of its own capital. Continue Reading Below The 20-year deal ... ( read original story ...)
McDonald's sells most of China, HK business to CITIC, Carlyle for US$2.1 billion
HONG KONG: McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to US$2.1 billion, seeking to expand rapidly without using much of its own capital. The 20-year ... ( read original story ...)
McDonald's sells China business in $2.1B deal
HONG KONG - Fast food giant McDonald's says it is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion. The company said in a statement Monday that Citic ... ( read original story ...)
McDonald's sells China business in deal worth up to $2.1B
HONG KONG - Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion, the companies said Monday. Citic Ltd. and its investment ... ( read original story ...)
McDonald's sells most of China, HK businesses to CITIC, Carlyle for $2.1 billion
Hong Kong-listed CITIC Ltd will own about 32 percent of the business, with CITIC Capital, an affiliate company that manages private equity funds and other alternative assets, holding another 20 percent. Carlyle will control 28 percent of the business ... ( read original story ...)
McDonald’s Corporation (MCD) Sells Control Of China, Hong Kong Business To Citic, Carlyle For $2.1B
McDonald’s has finalized a deal to sell a controlling stake in its operations in China and Hong Kong to a group of investors led by the Chinese state-backed Citic Limited. Under the terms of the deal announced Monday, the fast food giant will retain ... ( read original story ...)