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22.12.25 - 03:36
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Alibaba, Pop Mart lead Hong Kong stocks higher before Christmas trading break (SCMP)
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Hong Kong stocks rose on Monday alongside Asia-Pacific markets, with traders upbeat about finishing the year on a strong note.
The Hang Seng Index advanced 0.3 per cent to 25,760.36 as of 9.55am local time, paring some of the 1.1 per cent loss last week. The Hang Seng Tech Index gained 0.9 per cent. On the mainland, the CSI 300 Index climbed 0.8 per cent and the Shanghai Composite Index added 0.6 per cent.
Trading in Hong Kong will be shortened over the holiday period, with an early close on......
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19.12.25 - 12:56
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Puma: Kursziel rauf! (Der Aktionaer)
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Puma hat in den vergangenen Jahren den Anschluss verpasst. Die Kollektionen wirken austauschbar, ohne Esprit, ohne kreative Handschrift. Während Adidas und Nike immer weiter davoneilen, machen zudem hippe, trendige Newcomer-Brands Puma das Leben schwer....
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19.12.25 - 08:12
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Rosewood presses ahead with global expansion after sources say hotel brand is not for sale (SCMP)
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Rosewood Hotel Group said on Friday it was pushing ahead with its global expansion, announcing new openings including its first ski resort, just days after sources said Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), had no plans to sell the prized asset.
The privately owned hotel operator said Rosewood Courchevel Le Jardin Alpin, an alpine resort in the French Alps, opened on schedule,......
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15.12.25 - 00:36
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New entrants steady Hong Kong retail property sector in absence of luxury giants (SCMP)
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Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month.
“What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin. “Rent is indeed a major challenge in the Hong Kong market, but it proves that as long as the product is strong enough, it can overcome the pressure of high costs.”
Co-founded......
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14.12.25 - 04:36
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Hong Kong developers lead evolution of Shanghai′s retail scene with new malls, concepts (SCMP)
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Shanghai's luxury retail market is set to become increasingly competitive, fuelled by a citywide shift as prime malls embrace experiential concepts to differentiate themselves.
Hong Kong developer Hang Lung Properties on Friday said that it had secured a 20-year lease for the No 1038 West Nanjing Road commercial project – formerly known as Meilong Town – in partnership with Shanghai Join Buy Group.
The project would be transformed into a mixed-use complex integrating retail, hospitality and......
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12.12.25 - 04:12
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China′s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach (SCMP)
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Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and domestic rivals, according to a person familiar with the matter.
With 70 per cent of its revenue generated overseas, MiniMax was targeting Hong Kong's international investor base and capital market, the person said.
The Shanghai-based firm, backed by Alibaba Group Holding and Tencent Holdings, was......
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12.12.25 - 02:42
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Rosewood hotel brand of Hong Kong′s Chow Tai Fook is not for sale, sources say (SCMP)
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Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), has no plans to sell its prized Rosewood brand, according to sources familiar with the matter.
“Rosewood has delivered exceptional results in recent years and is one of the family's most cherished luxury hotel brands,” a source said.
The group's properties were operating as usual, with strategic investments in nearly 30......
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11.12.25 - 15:06
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Chow Tai Fook sells Australian energy assets to Singapore group for US$4.3 billion (SCMP)
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Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian utility Alinta Energy to a Singapore-based group for A$6.5 billion (US$4.3 billion).
Sembcorp Industries will acquire 100 per cent ownership of Alinta and its units as well as Latrobe Valley Power (LVP) and its subsidiaries from Pioneer Sail Holdings, which is owned by CTFE and Pioneer Sail Singapore, according to Sembcorp's filing with the Singapore stock......
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11.12.25 - 12:18
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Adrian Cheng signs retail partnership with Wafi Group, headed by Dubai royal (SCMP)
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Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city's top shopping destinations.
Cheng and Dubai Sheikh Mana bin Khalifa Al Maktoum, founder and chairman of the Wafi Group, signed an agreement to set up a new entity called Wafi Anime 11 in Dubai on Wednesday, according to a statement on......
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11.12.25 - 05:42
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JD.com′s Jingdong Industrials rides Hong Kong IPO boom with US$383 million listing (SCMP)
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Jingdong Industrials – the supply-chain arm of China's e-commerce giant JD.com – debuted on the Hong Kong stock exchange on Thursday, raising HK$2.98 billion (US$383 million) after pricing its initial public offering (IPO) in the middle of the marketed range.
Shares were offered at HK$14.10 each and oversubscribed by 60 times, in a deal seen as a test of investor appetite for Chinese supply-chain technology spin-offs in Hong Kong's resurgent listings market.
They fell by 2.6 per cent during......
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10.12.25 - 10:45
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POU SHENG INTL Nov Net Consolidated Operating Revenue Dips 5.1% YoY (AAStocks)
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POU SHENG INT'L (03813.HK) announced that in November 2025, the net consolidated operating revenue amounted to approximately RMB1.172 billion, representing a YoY decrease of 5.1%. For the first eleven months of this year, the net consolidated accumulative operating revenue was approximately RMB15.784 billion, down 6.8% YoY.~......
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10.12.25 - 06:36
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JD.com′s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes (SCMP)
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JD.com has agreed to acquire a stake in a major office tower in Hong Kong's Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development.
Lai Sun Development and its parent Lai Sun Garment entered into an agreement with Jasmine Investment Development IV Limited, an investment entity of JD.com, to sell its 50 per cent stake in the China Construction Bank Tower for HK$3.5 billion (US$450 million),......
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