Port giants CK Hutchison, PSA look to sell stakes
CK Hutchison Holdings, the Hong Kong conglomerate controlled by billionaire Li Ka-shing, is advancing plans to divest its global ports business in a landmark transaction. [more…]
Category: Hong Kong
Hans Group secures hydrogen supply for Hong Kong’s Citybus fleet expansion
In a significant move toward cleaner public transportation, Hans Group Holdings, the majority shareholder of Hong Kong’s Citybus, has inked a deal with Shenzhen-based Grand [more…]
Jollibee Foods Corp. expands culinary horizons with acquisition of Tim Ho Wan
In a bold culinary move, Philippine conglomerate Jollibee (JFC) has set its sights on the popular dim sum sensation, Tim Ho Wan, by securing both [more…]
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…]
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…]
