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HONG KONG/MACAO -- Revenues in Macao's casino business are climbing back toward pre-pandemic levels, but clouds of uncertainty are gathering as authorities clamp down on unlicensed money changing operations that play a key role in the industry.
HONG KONG -- Major Hong Kong apparel maker Giordano International announced a new business strategy centered on a comeback in the mainland Chinese market on Thursday, as new management tries to bring its earnings back on track.
HONG KONG -- Shareholders in Hong Kong apparel maker Giordano International voted Wednesday to oust its CEO, as a company that once inspired the founder of Uniqlo faces mounting pressure from its top shareholder over long-languishing earnings.
HONG KONG -- Shareholders in Hong Kong apparel maker Giordano International voted Wednesday to oust its CEO, as a company that once inspired the founder of Uniqlo faces mounting pressure from its top shareholder over long-languishing earnings.
HONG KONG -- CK Hutchison Holdings, a sprawling conglomerate founded by Hong Kong tycoon Li Ka-shing, logged a 36% drop in net profit for 2023 as it grappled with inflation as well as rising energy and labor costs.