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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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13.12.25 - 02:36
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McDonald′s Hong Kong named Company of the Year at SCMP Live′s Business Awards (SCMP)
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McDonald's Hong Kong was voted Company of the Year at the 2025 Business Awards organised by SCMP Live, a highlight for the company as it marks half a century of operating in the city.
The restaurant chain's CEO Randy Lai and chairman Zhang Yichen received the award from SCMP's CEO Catherine So during a lunch ceremony in Hong Kong on Friday. The toned-down ceremony replaced the black-tie gala dinners that traditionally capped the annual awards since their establishment in 1990, as a sign of......
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12.12.25 - 12:54
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Manulife becomes first insurer to redomicile in Hong Kong (SCMP)
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Manulife (International), one of the biggest life insurers and pension providers in Hong Kong and Macau, has finished moving its domicile to Hong Kong from Bermuda, making it the first insurer to successfully complete the process under a new regime, according to a statement on Friday.
The insurer said the redomiciling was a “strategic milestone” that underscored its confidence in Hong Kong's role as a leading international financial centre and reinforced the company's long-standing commitment to......
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12.12.25 - 12:36
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Hongkong Land poised to launch US$6 billion Singapore property fund (SCMP)
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Hongkong Land is set to launch what it expects to be the largest private real estate fund in Singapore, with more than S$8 billion (US$6.2 billion) in assets under management, including prime commercial projects in the waterfront Marina Bay district.
At inception, the Singapore Central Private Real Estate Fund (SCPREF) would include one-third stakes in One Raffles Quay and Marina Bay Financial Centre Towers 1 and 2, the Hong Kong-based commercial landlord and developer said in a statement on......
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12.12.25 - 10:36
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Hong Kong needs to attract global champions to broaden fundraising base: FSDC (SCMP)
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Hong Kong will need to attract global champion firms across different sectors to raise funds to strengthen the city's role as an international financial centre over the next 10 years, according to a concept paper issued by the Financial Services Development Council (FSDC) on Friday.
“Global markets do not stand still,” said Benjamin Hung Pi-cheng, chairman of the FSDC, at a media briefing where the council outlined a wide range of ideas to bring the city's capital market to the next level. “Hong......
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12.12.25 - 09:12
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Aktien Asien: Gewinne im Sog der Wall Street (DPA-AFX)
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TOKIO/SHANGHAI/HONGKONG/SYDNEY (dpa-AFX) - Asiens Aktienmärkte haben am Freitag zugelegt. Sie profitierten damit von den Vorgaben der Wall Street, wo der S&P 500 ein Rekordhoch erreicht hatte.Der japanische Leitindex Nikkei ......
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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 - 03:24
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Hong Kong stocks advance as Beijing vows to bolster economy at key conference (SCMP)
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Hong Kong stocks rose on Friday as traders positioned for additional growth-supportive measures after Beijing vowed to strengthen the domestic market to buffer against external headwinds at its annual central economic work conference.
The Hang Seng Index gained 1 per cent to 25,795.40 as of 10am local time, trimming its weekly loss to 1.4 per cent. The Hang Seng Tech Index advanced 0.9 per cent. On the mainland, the CSI 300 Index dropped 0.1 per cent and the Shanghai Composite Index lost 0.4 per......
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