DP World bets big on China, expanding global reach through Hong Kong
DP World has big plans, and they’re betting on China to help make them happen. The UAE-based logistics giant, fresh off its acquisition of Cargo [more…]
Category: Hong Kong
Hong Kong’s Physical Fitness chain shuts down, directors arrested amid fraud investigation
In a plot twist straight out of a crime drama, Hong Kong’s fitness buffs were left in the lurch last week when Physical Fitness, a [more…]
Beaumanoir takes over Boardriders, reshaping European sportswear market
In a move that has shaken up the fashion and sportswear industry, Beaumanoir, the renowned ready-to-wear conglomerate, has successfully taken over Boardriders, a leader in [more…]
Bank of Singapore expands family office business in Hong Kong, eyes growth in mainland China
In a move that underlines its bullish outlook on the city’s financial landscape, Bank of Singapore is ramping up its family office business in Hong [more…]
Shimao Group’s debt woes deepen as offshore restructuring plan faces uphill battle
Shimao Group Holdings, the Shanghai-based property developer, is in the midst of a challenging financial situation, trying to restructure its offshore debt of US$11.7 billion. [more…]
Discovery Bay Ferry sparks fare controversy despite taxpayer support
Discovery Bay Transportation Services has once again sparked controversy by requesting a substantial 60 per cent increase in ferry fares, setting off alarm bells among [more…]
China’s Xpeng unveils ambitious global expansion plans with right-hand drive model launch
Chinese electric vehicle (EV) manufacturer Xpeng is gearing up for its global expansion with the announcement of its first right-hand drive model, set to launch [more…]
Banco Santander expands presence in Qatar with office in Doha’s financial centre
Banco Santander, the global banking giant, has recently expanded its reach to the vibrant financial hub of Doha, Qatar, by opening a representative office in [more…]
PayCargo expands into Asia with Hong Kong as its first stop
PayCargo, a Florida-based logistics payment platform operator backed by private equity firm Blackstone, is setting its sights on Hong Kong as its “first point of [more…]
Germany’s Deutsche Bank gears up for legal battle against a Hong Kong property developer
In a move amidst China’s deepening property sector crisis, Deutsche Bank is reportedly preparing to launch a liquidation lawsuit against Shanghai-based developer Shimao Group in [more…]
