HONG KONG

Hong Kong government to seek HK25b to fight virus outbreak

[HONG KONG] Hong Kong's government will seek approval from the territory's legislature for at least HK$25 billion (S$4.48 billion) in fresh funding to reduce the impact of the coronavirus outbreak in...

HK landlords face tough times as shop, office rents sink

LANDLORDS in Hong Kong, a city with some of the highest commercial rents in the world, are staring down the barrel of a tough year.

HSBC kicks off new year with HK branches closed, vandalised amid protests

HSBC is being drawn into Hong Kong's political turmoil with protesters attacking some of its branches and graffiti daubed on the famous pair of lions that guard its city-centre headquarters.

Hong Kong sees another wild IPO swing from 84% gain to a loss

[HONG KONG] A Chinese pipe maker endured a rollercoaster debut, finishing the day at a loss after almost doubling during its initial public offering (IPO) in Hong Kong.

Hong Kong protesters weaponising spending power as they dig in for long fight

HONG KONG (AP) - The Hong Kong protesters formed a line, patiently waiting their turn to buy sweet milk and tea drinks from a store that advertised ardent support for their cause with a banner...

No store closures or staff cuts in HK with pick-up in sales: BreadTalk

HOMEGROWN BreadTalk Group is weathering the storm in Hong Kong, despite ongoing political turmoil in the city.

Hong Kong faces wave of layoffs, store closures

HONG KONG • More than 5,600 retail jobs could be lost and thousands of stores shut down over the next six months, as pro-democracy protests in Hong Kong continue to disrupt sales during the...

Singapore Reit hopes to reopen damaged Festival Walk mall in Hong Kong in early 2020

SINGAPORE (THE BUSINESS TIMES)- Mapletree North Asia Commercial Trust said it hopes to soon reopen the Festival Walk mall in Hong Kong that was damaged during widespread protests.

Hong Kong business activity in November shrinks the most in 21 years

HONG KONG (REUTERS) - Business activity in Hong Kong contracted at the fastest pace in 21 years in November, dragged down by anti-government protests and softening global demand, an IHS Markit...

Sasa to close all 22 cosmetics retail shops in Singapore, 170 staff affected

Its stores here recorded losses for six consecutive years despite its efforts to turn the business around.

Hong Kong money is fleeing? Not around here

[HONG KONG] Hong Kong may have been seeing money flow out as the city's turmoil undermines its reputation as a stable financial centre, but one important source of capital keeps on coming: cash...