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July 1, 2025
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  • Alterface | appoints new leaders in US, China & Korea

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China Guides Mutual Funds, Insurers to Invest More in Stocks
  • Finance

China Guides Mutual Funds, Insurers to Invest More in Stocks

Cs news5 months ago5 months ago01 mins

China is guiding local mutual funds and insurers to boost investments into stocks in the government’s latest initiative to shore up its ailing equity market. Mutual funds should raise their holdings of onshore equities by at least 10% annually for the next three years, while large state-owned insurers will need to invest 30% of their…

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Review: Omaroo Grill Offers Steaks With Great Hong Kong Views Where Ecriture Was
  • Hong Kong News

Review: Omaroo Grill Offers Steaks With Great Hong Kong Views Where Ecriture Was

Cs news5 months ago01 mins

When two-Michelin-starred French restaurant Ecriture closed abruptly in September 2023, it reflected the struggles of top-end restaurants amid Hong Kong’s slow recovery from the pandemic. Just over one year on, the latest incarnation at Ecriture’s old spot at the top floor of H Queen’s building in Central is Omaroo Grill, the fifth outlet of Wooloomooloo…

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Hong Kong Tycoon Raising $50 Million to Boost City’s Image
  • Hong Kong News

Hong Kong Tycoon Raising $50 Million to Boost City’s Image

Cs news6 months ago01 mins

Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter. The chairman of CLP Holdings Ltd., the city’s top electricity provider, has in recent months pitched several high-profile business leaders on a project that…

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Nike former CEO John Donahoe's downfall: What went wrong
  • Finance

Nike former CEO John Donahoe’s downfall: What went wrong

Cs news9 months ago9 months ago07 mins

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure offered a brutal reminder to corporate boards: Focus on what a company’s core business is when looking for a new CEO. As Donahoe took over the top spot at Nike’s in early 2020, the…

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  • Hong Kong police search for motorist over fatal hit-and-run in Yuen Long July 1, 2025
  • Man, 92, jailed in UK for 1967 murder and rape July 1, 2025
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  • Alterface | appoints new leaders in US, China & Korea July 1, 2025
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