Chicago

New Business

McDonald’s cooks up fat profit in US$9.3 million Hong Kong property sale

McDonald’s sold a property in Kowloon for HK$72.4 million (US$9.3 million), as the Chicago-based fast-food giant reached HK$333 million in…

Read More »
New Business

Hong Kong’s battered prime office market poised for better year ahead, analysts say

An increase in office leasing activity in Hong Kong, coupled with a moderate amount of new space coming onto the…

Read More »
New Business

As I see it | China’s extended property slump was always expected

History does not repeat itself, as the saying goes, but it often rhymes. That very much depends on the kind…

Read More »
New Business

McDonald’s Hong Kong shops sell like hotcakes as two properties go for US$23.5 million

Two McDonald’s shops in Hong Kong were sold to the same buyer for HK$183 million (US$23.5 million) on Monday, marking…

Read More »
New Business

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s…

Read More »
New Business

McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

Read More »
New Business

Why Chinese investors can still expect a warm welcome in many American cities

Most local government officials in the US still welcome Chinese-invested projects despite a rise in trade tensions this year, a…

Read More »
New Business

As Chinese students forgo US university degrees, the impact on brainpower transcends borders

In 2022, the native of Xian, Shaanxi province, settled on Chalmers University of Technology in Sweden. Wang’s case illustrates how…

Read More »
New Business

Eyeing US Midwest, Chinese state-owned firms seek new business amid tense ties

Two major state-owned companies in China are scoping out new business opportunities with the US Midwest but have concerns about…

Read More »
Back to top button