Hints and tips:
...In February, the Chinese commerce ministry issued a statement criticising sanctions imposed on 17 companies in Hong Kong and mainland China for alleged violations of Russia-related sanctions....
...But Gome still focused on physical stores, and under-investment in online infrastructure led to slumping sales....
...Hauser & Wirth has no problem of exclusivity: its most valuable clients are wealthy collectors and it runs sleek galleries in cities such as Hong Kong and Paris....
...Shares of Vanke added as much as 2 per cent in Hong Kong, while those of Midea Real Estate gained as much as 3 per cent on Wednesday....
...One person close to the company said that in recent months, it had held talks with a wide range of suitors including GOME Electrical Appliances, SF Express and China Resources as management searched for...
...Amid rapid inflation and a global economic slowdown, the sales pitch of many Asian tech giants was “energy efficiency,” Jens Kastner writes for Nikkei Asia....
...“The US has implied restrictions will not be adjusted as tech progresses over time,” says Mark Li, a semiconductor analyst at Bernstein in Hong Kong....
...But the deal still “made sense” from a business standpoint, buoying Alibaba’s position in appliance sales in the face of challenges from rival JD.com....
...The rating agency noted that Suning’s online business has been hit by squeezed margins while Covid-19 hurt sales at its bricks and mortar stores. Jiangsu-headquartered Suning declined to comment....
...Hong Kong-listed Evergrande was on the hook to repay about Rmb130bn ($19bn) to investors in its mainland Chinese property subsidiary if the business failed to list in Shenzhen by early 2021, triggering fears...
...Meanwhile, Hillhouse Capital, an Asia-focused firm, is taking positions in old-economy consumer electronics firms such as Gree Electric Appliances, an air-con specialist....
...Thomas Hale in Hong Kong 39....
...It has also held a stake in Gree Electric Appliances, one of the country’s most successful electrical appliance manufacturers, since around 2007 when the stock was trading at Rmb5....
...Dyson Technology Ltd [in the UK] owns Dyson IP and that is a British company....
...The company’s downbeat reception in Hong Kong markets has put paid to that....
...If Hong Kong-based suppliers are added, the total rises to 28....
...The residential development land, previously home to the New Covent Garden flower market, was instead bought by Hong Kong-listed Guangzhou R&F Properties and CC Land, another Chinese developer....
...Bought by Hong Kong Exchanges and Clearing in 2012 for £1.4bn the LME is different to all other commodity markets....
...Elsewhere in the region, Hong Kong’s Hang Seng index was 0.1 per cent lower. In Japan the Topix index gained 0.5 per cent while in Australia the S&P/ASX 200 was up 0.1 per cent....
...But, as AO has found in electrical appliances, there is always someone trying to outsell it in Europe. In Eayjet’s case, that’s Ryanair....
...Foresea Life raised its stake in global air conditioning group Gree Electric Appliances to 4.13 per cent by November 28, becoming the company’s third-biggest shareholder....
...He has proposed banning cars from a key thoroughfare in central Hong Kong to make it only for pedestrians and trams....
...Hong Kong’s Hang Seng was down 0.7 per cent in afternoon trade, while China’s Shanghai Composite fell 0.4 per cent....
...TV maker TCL, air-conditioner maker Gree Electric Appliances and white goods producer Qingdao Haier booked double-digit falls in net profit in 2015....
...For retail, the poster child is Hong Kong’s MTR Corp, which in 2015 made more profit from on-station retail than from running trains....
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