Hong Kong

Tencent’s Shares Slide Further After First Profit Dip for at Least a Decade

Tencent’s Shares Slide Further After First Profit Dip for at Least a Decade

Tencent Holdings’ shares fell 3 percent after the Chinese internet giant announced the first decline in net profit in at least a decade, with poor performance in its gaming business to blame.

Aug 16, 2018
Qiu Zhili
Podcaster Ximalaya FM Denies USD581 Million Funding From Tencent, Goldman Sachs

Podcaster Ximalaya FM Denies USD581 Million Funding From Tencent, Goldman Sachs

Chinese audio sharing platform Ximalaya FM has rebutted claims that it has secured a funding worth CNY4 billion (USD581 million).

Aug 13, 2018
Liao Shumin
Hong Kong Airport’s Traffic Took Off in July

Hong Kong Airport’s Traffic Took Off in July

Growing ranks of Hong Kong residents traveling overseas propelled passenger traffic and aircraft movements at the special administrative region's international airport to a new high last month.

Aug 13, 2018
Xu Wei
China Issues First Asset-Backed Notes via Bond Connect

China Issues First Asset-Backed Notes via Bond Connect

China issued the first of two batches of asset-backed notes in recent days following the start of the bond connect, to which overseas investors can subscribe.

Aug 13, 2018
Xu Wei
Two Big Chinese Banks Ease First-Home Mortgage Rates in Shanghai

Two Big Chinese Banks Ease First-Home Mortgage Rates in Shanghai

Two Big Chinese Banks Ease First-Home Mortgage Rates in Shanghai. Two of China's big state-backed banks, Industrial and Commercial Bank of China…

Aug 10, 2018
Chen Juan
Li Ka-shing Spends USD4.6 Billion on First Land Buy in Two Years

Li Ka-shing Spends USD4.6 Billion on First Land Buy in Two Years

Li Ka-shing Spends USD4.6 Billion on First Land Buy in Two Years . An investment institution of local billionaire Li Ka-shing has…

Aug 10, 2018
Liu Jing & Liao Shumin
China Mobile's First-Half Profit Meets Expectations Amid User Growth

China Mobile's First-Half Profit Meets Expectations Amid User Growth

China Mobile, one of the country’s big three carriers, posted a 4.7 percent rise in profit for the first half buoyed by a bump in user numbers.

Aug 10, 2018
Xu Wei
New High Speed Rail Link to Slash Beijing-Hong Kong Travel Times Next Month

New High Speed Rail Link to Slash Beijing-Hong Kong Travel Times Next Month

The Hong Kong section of a high-speed rail link connecting the special administrative region to the Chinese mainland is set…

Aug 10, 2018
Liao Shumin
Hong Kong to Build Its First TCM Hospital, Carrie Lam Says

Hong Kong to Build Its First TCM Hospital, Carrie Lam Says

Hong Kong to Build Its First TCM Hospital, Carrie Lam Says

Aug 8, 2018
Wang Yufeng
After World's Largest IPO in Two Years, China Tower Stock Stays Flat on Debut

After World's Largest IPO in Two Years, China Tower Stock Stays Flat on Debut

After World's Largest IPO in Two Years, China Tower Stock Stays Flat on Debut. China Tower, the world's largest wireless…

Aug 8, 2018
Liu Jing
Tencent-Backed Online Marketer Weimob Files for Hong Kong IPO

Tencent-Backed Online Marketer Weimob Files for Hong Kong IPO

Tencent-Backed Marketing Platform Weimob Files for Hong Kong IPO

Aug 7, 2018
Liao Shumin
WeChat Pay Hong Kong Unveils Credit Card Repayments for ICBC Asia Customers

WeChat Pay Hong Kong Unveils Credit Card Repayments for ICBC Asia Customers

WeChat Pay Hong Kong, the payment platform run by Chinese tech giant Tencent, has rolled out credit card repayment services…

Aug 7, 2018
Liu Jing & Liao Shumin