Hong Kong may be losing status as haven for Chinese billionaires

The mysterious case of a billionaire who went missing from Hong Kong last week, reportedly abducted by mainland security agents, has underscored the precarious lives of China's ultra rich Local media say financier Xiao Jianhua was last seen at his apartment in Hong Kong's Four Seasons hotel and is under investigation in connection with China's 2015 stocks crash There is no shortage of...

Business

Books at a Bargain: Page One holds massive 40% off sale in bid to liquidate assets

After going into receivership last month, ailing bookstore chain Page One is now holding a massive sale in a bid to liquidate its assets Page One announced on...

Books at a Bargain: Page One holds massive 40% off sale in bid to liquidate assets

29 staff from 5 financial firms arrested in bribery probe

A total of 29 current and former staff of five financial firms, including four banks, have been arrested in Hong Kong for alleged bribery related to the disclosure of...

29 staff from 5 financial firms arrested in bribery probe

Disneyland to add Frozen and Marvel attractions as part of USD1.4 billion expansion

Hong Kong Disneyland announced Tuesday a USD14 billion (HKD1086 billion) expansion featuring popular characters from the "Frozen" and "Marvel" movies, despite competition...

Disneyland to add Frozen and Marvel attractions as part of USD1.4 billion expansion

Page One bookstores closed citywide as struggling chain faces liquidation

Page One outlets citywide have been closed for business today following the bookstore chain's highly publicised financial troubles Notices posted at both of Page...

Page One bookstores closed citywide as struggling chain faces liquidation

Source: Hong Kong tycoon Woo’s Wharf agrees to sell telecom unit to TPG, MBK for HKD9.5 billion

Hong Kong tycoon Peter Woo's Wharf Holdings Ltd has agreed to sell its telecom business to a consortium of private equity firms TPG Capital Management LP and MBK Partners Inc for...

Source: Hong Kong tycoon Woo’s Wharf agrees to sell telecom unit to TPG, MBK for HKD9.5 billion

Hong Kong-based fashion startup raises HKD77.5 million with the help of Alibaba’s Entrepreneurs Fund

GRANA, an international direct-to-consumer eCommerce fashion e-tailer, today announced it is raising USD10 million (HKD775 million) for its Series A round led by Alibaba Group...

Hong Kong-based fashion startup raises HKD77.5 million with the help of Alibaba’s Entrepreneurs Fund

HSBC fined for regulatory breaches by Securities and Futures Commission

Hong Kong's securities regulator said yesterday that it fined and reprimanded HSBC for regulatory breaches and internal control failings related to its position in the...

HSBC fined for regulatory breaches by Securities and Futures Commission

Uber to cut UberVAN and UberTAXI services in Hong Kong next week

Popular ride-hailing app Uber will stop offering its two of its local services next week UberVAN, which allows users to hail minivans, and UberTAXI, which allows users to...

Uber to cut UberVAN and UberTAXI services in Hong Kong next week

Hong Kong retail sales fall for 17th straight month

Hong Kong's retail sales fell for the 17th straight month in July, hurt by fewer big-spending tourists, persistently weak consumer sentiment and a strong local dollar China's...

Hong Kong retail sales fall for 17th straight month