Greater China

New Business

Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled…

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New Business

Can iPhone 17 right Apple’s ship in China? US tech giant’s CEO Tim Cook thinks so

Apple is struggling in China as sales decline amid cutthroat competition with domestic brands, but CEO Tim Cook says he…

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New Business

European private equity firm Ardian eyes fresh growth at new office in Hong Kong’s Two IFC

Paris-based private equity (PE) firm Ardian has opened a 4,000 sq ft office in Hong Kong’s main business district, with…

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New Business

Hong Kong home rents flirt with record, set to keep rising next year, agents say

Hong Kong’s residential rental market has improved for eight consecutive months, with rents reaching a record high amid sustained local…

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New Business

Uniqlo Hong Kong chooses upgrades over expansion as it aims to evolve with local needs

Uniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its footprint amid sluggish retail sales,…

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New Business

China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…

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New Business

Hong Kong’s Peninsula Hotels sees ‘bleisure’ boom after pandemic curbs, CEO says

Hong Kong has welcomed a new wave of travellers combining business and leisure, who have revitalised the city’s luxury hotel…

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New Business

Why can’t Hong Kong retail landlords cut rents for struggling tenants?

In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and…

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New Business

Slowing decline in Hong Kong office rents unlikely to benefit distressed landlords

The decline in Hong Kong’s office rents slowed in the second quarter amid rising leasing demand from finance and law…

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New Business

Rebound in Hong Kong’s home prices unlikely to come this year: analysts

The improving sentiment in Hong Kong’s property market has spurred hope for a sustainable recovery in home prices, but analysts…

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