China's state-owned CITIC Ltd has agreed to sell its 19.23% stake in Fast Food Holdings, the company behind McDonald's China and Hong Kong operations, to Trustar Fast Food Holdings for $430.3 million.
China’s Midea eyes bigger global market share after US$4.6 billion IPO
Appliance maker looks at Saudi Arabia, Brazil and Africa as it aims to expand its international sales network by a third.
‘Business will be severely impacted’: Hong Kong flower market concern group speaks out against redevelopment
Local residents and business owners in the Flower Market have come together to oppose the controversial plans.
Ex-Hong Kong dim sum chef jailed for 17 years for repeatedly assaulting, raping daughter
A man in Hong Kong has been sentenced to 17 years in prison for repeatedly assaulting and raping his underage daughter over a decade, with a judge saying the defendant’s continuous financial contribution to his family will not mitigate his “chilling ...
Hong Kong Summit Draws World’s Top Bankers as City Seeks Revival
Hong Kong is expected to host the world’s top bankers in the third edition of an annual summit intended to boost the city’s status as a global financial hub.
2024 Eastern YiXiang Fashion Gala(China) is back open
On October 17, the 2024 Eastern YiXiang Fashion Gala(China) was grandly opened in Luohu, Shenzhen, with "National Charm and Huaguang" as the breakthrough topic, with the goal of reconstructing the global fashion pattern and regaining the right to speak in fashion.
Hong Kong authorities say soil infection killed monkeys, as 11th dies
Melioidosis, a bacterial infection, was responsible for killing at least nine monkeys at a Hong Kong zoo, authorities said, as a further two died over the weekend, taking the total to 11 in the past ...
Nearly 1,900 Hong Kong teachers apply to work in England despite significant pay cuts
Nearly 1,900 Hong Kong teachers have applied to work in England under an initiative to source overseas educators. Around 800 have been approved so far. But one of those chosen said candidates from ...
Hong Kong can dig deeper into policy toolbox to revive property market: analysts
Robust home sales from first post-stimulus weekend suggest recent tweaks are beginning to inject confidence in the market.
HSBC Life to keep using tech to stay on top in Hong Kong
The life insurer wants to offer solutions beyond traditional products, its CEO says. HSBC Life (International) Ltd. wants to harness its broker, bancassurance and digital channels to capture more ...
China’s ‘long-term growth story’ draws European family offices to Hong Kong
Wealthy European families approve of Hong Kong's family office-friendly policies, says wealth-management CEO of French bank BNP Paribas Wealthy European families are increasingly interested in ...
Spark Deep Dive: Elderly poverty rising in Hong Kong, increasing wealth inequality
More senior citizens are struggling financially, sparking discussions about helping them return to the workforce.
The ‘software’ that’s needed to revive Hong Kong’s economy
John Lee’s Asean and Gulf outreach is commendable – but Hong Kong needs more openness and sharper diplomacy. Read more at straitstimes.com.
Hong Kong firms should rethink plans to spur tourist spending rather than complain: minster
Deputy Chief Secretary Warner Cheuk urges sector to make visitors ‘feel at home’, insists tourists still want to spend big.