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HONG KONG CONGLOMERATE
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...- DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
- AirTrunk to invest $21 billion in India data centreAirTrunk, backed by Blackstone, will invest over $21 billion in a new data centre in Maharashtra's Raigad Penn Growth Centre. This facility...
- TIME named him world's most influential 3 times, yet most people don't know Chinese titan Tencent's $63 billion boss - who is Ma Huateng?Ma Huateng, also known as Pony Ma, is the influential co-founder, chairman, and CEO of Tencent, a global tech conglomerate. Despite a low p...
- Global Market: Hong Kong IPO boom draws rising interest from overseas companiesHong Kong's stock market is seeing more foreign companies file for listings. Firms from countries like Indonesia and South Korea are explor...
- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
- The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
- As US President Donald Trump hails taking back of Panama Canal, Hong Kong Inc walks tightropeHong Kong's position as a financial hub is weakening amid China-US tensions, highlighted by CK Hutchison's sale of its global ports busines...
- Panama president says Donald Trump lied about Panama Canal's 'reclaiming'Panamanian President Jose Raul Mulino denied U.S. President Donald Trump's claim that his administration was "reclaiming" the Panama Canal....
- Billionaire jailed for 13 years in China for illegally taking funds from publicXiao Jianhua, a Chinese-Canadian billionaire at the centre of an alleged abduction scandal in Hong Kong in 2017, has been sentenced by a Sh...
- KPMG, Deloitte, EY and PwC among western multinationals congratulate Hong Kong's new leader John LeeThe "Big Four" accountancy firms -- KPMG, Deloitte, EY and PwC -- were among western multinationals placing adverts, as were city carrier C...
- Cathay Pacific unveils US$5 bn bailout planThe virus has caused a collapse in passengers and while its cargo business has kept going Cathay has no domestic demand to fall back on, un...
- Coronavirus outbreak: Hong Kong Airlines to cut 400 jobs, ask employees to take unpaid leave, reports mediaHong Kong Airlines plans to cut its daily operations from 82 flights to just 30, from February 11 into March, SCMP reported.
- Alibaba’s Jack Ma is second richest Asian, overtakes Mukesh AmbaniMa (50), a former English teacher, has overtaken Mukesh Ambani and Hong Kong's Lee Shau Kee. He now boasts of a personal wealth of $26.5 bi...
- L&T inks $100 mn offshore engineering contract with PetronasThe company said its facility in Kattupalli on the east coast of India will undertake the fabrication work for the project.
- How Hutchison Whampoa's Li Ka-shing made the most of India opportunityHong Kong billionaire Li Ka-shing-run Hutchison Whampoa to tap opportunities and exit, as it did in India when it sold its telecom business...
- Morgan Stanley banker convicted of insider dealingA Hong Kong court on Thursday convicted a former senior banker at Morgan Stanley of insider dealing over a large Chinese overseas acquisiti...
- Hutchison Whampoa's first-half earnings plunge 33 pcHong Kong conglomerate Hutchison Whampoa Ltd, run by billionaire Li Ka-shing, its earnings tumbled 33 per cent in the first half as its oil...
- HK's Citic Pacific chairman steps down amid probeThe head of conglomerate Citic Pacific, the Hong Kong arm of a Chinese government investment company, stepped down on Wednesday amid a scan...
- Narayana Murthy to be chairman of Asia Business CouncilMurthy, who had been Vice Chairman of the Council, replaces Stan Shih, the former chairman and CEO of Acer.
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