The demise of Hong Kong bakery chain Crostini has sparked fears of a wave of catering industry closures after a Covid-related rent deferral scheme expired, with one representative saying around 2,000 ... ( read original story ...)
CVC selling Asian funeral business Nirvana, seeks as much as US$2bil -sources
Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told ... ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Share Price Passes Below Fifty Day Moving Average of $24.85
Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $24.85 and traded ... ( read original story ...)
Hong Kong’s leader says Covid-19 six times more deadly than flu, but experts disagree
John Lee earlier claimed coronavirus was six times more fatal than flu as he warned epidemic was still in ‘critical’ stage. ( read original story ...)
Hong Kong tycoon Jimmy Lai’s global legal team urges US to pressure China at UN
They are calling Western governments to make Lai's upcoming national security trial a foreign policy priority. Read more at straitstimes.com. ( read original story ...)
Hong Kong wins banker commitments to push ahead with summit
TOP executives from about 20 leading global firms have committed to flying in for Hong Kong’s financial summit, even as quarantine rules threaten to damp turnout at a conference designed to restore ... ( read original story ...)
In Hong Kong, mourning the Queen has another purpose: defying China
Thousands of people in Hong Kong have turned out to pay their respects to Queen Elizabeth II, in one of the largest public gatherings since China clamped down on shows of political dissent in the ... ( read original story ...)
Hong Kong office vacancies double after protests, pandemic
The amount of vacant top-tier office space has more than doubled in Hong Kong over the last three years as companies downsize operations, researchers have found, warning that demand could remain soft ... ( read original story ...)
Tencent Music opts for Hong Kong listing by introduction, to debut next week
China's Tencent Music Entertainment Group said its shares are due to start trading in Hong Kong next Wednesday after the company carries out a secondary listing by introduction. ( read original story ...)
Centaline’s Shih expects 15pc drop in property prices
The founder and Chief Executive of Centaline Property Group, Shih Wing-ching, says he expects at least a 15 percent fall in local property prices ... ( read original story ...)
20 Big Banks Incl. HSBC, STANCHART To Send Executives to Attend HK Nov Financial Summit: Report
Top executives from about 20 major financial institutions have promised to fly to Hong Kong for the Global Financial Leaders' Investment Summit in November, Bloomberg cited people familiar with the ... ( read original story ...)
Crypto insurer to launch in Hong Kong
(Evertas), a Chicago-based cryptoasset insurance company focusing on covering the full spectrum of crypto risks for institutional holders of cryptoassets and blockchain technology, will expand to ... ( read original story ...)
Hong Kong’s Democratic Party urges leader John Lee to scrap ‘unnecessary’ Covid policies in his first policy address
Hong Kong’s largest opposition political party, the Democratic Party, has called on the city’s Chief Executive John Lee to relax or remove “unnecessary” Covid-19 measures in his upcoming policy ... ( read original story ...)
Queen Elizabeth II: Hong Kong’s grief sends message to Beijing
Hong Kongers have been lining up for hours this week to pay their respects to the Queen in what has been perhaps the biggest display of affection for the late monarch seen outside the UK. But the ... ( read original story ...)