Macau

New Business

Developing | Health and beauty chain Mannings to withdraw from mainland China

Mannings, one of Hong Kong’s largest health and beauty chains, will cease all retail operations in mainland China, both online…

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New Business

Chinese biotech Scizeng’s global licensing deal to yield up to US$1.44 billion

A Chinese biopharmaceutical firm has sealed a global licensing deal valued at up to US$1.44 billion, the second in a…

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New Business

Late casino tycoon Fu Tak-iam’s family buys Hong Kong serviced flats for US$71 million

A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s…

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New Business

China’s Guangdong targets doubling GDP by 2035 despite slowing growth

Guangdong, China’s largest provincial economy, has vowed to double its economy by 2035 from 2022 levels, in line with the…

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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

SJM cancels Ponte 16 acquisition, but pursues deal for L’Arc Macau

Integrated resorts operator SJM Holdings, one of the six licensed casino concessionaires in Macau, has abandoned a plan to acquire…

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New Business

Satellite maker Uspace pivots to AI applications at new tech centre in Shenzhen

A unit of Uspace, Gang Hang Ke, will spearhead the centre’s establishment, the company said in a filing with the…

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New Business

Playing the health card: Macau gives Greater Bay Area a glimpse of its health hub future

On a Sunday morning earlier this month, five friends from Bangkok stepped through the marble lobby of the Studio City…

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New Business

Macau’s Studio City gets world’s first resort hospital with MRI and CT facilities

Black Spade Capital, the family office of Lawrence Ho Yau-lung, has brought Hong Kong-based iRad Hospital to Macau, with a…

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New Business

Hong Kong strengthens green finance hub role with new global building certificates

The Hong Kong Green Building Council recently started issuing international certificates for buildings overseas, which is expected to enable more…

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