Blackstone has walked away from a proposed US$4 billion (HK$31.2 billion) tie-up with Hong Kong’s New World Development (0017) after the indebted property developer refused to cede control, Bloomberg News reported on Wednesday, citing people familiar with the matter. Blackstone declined to comment. New World did not immediately respond to a Reuters request for comment….
The upcoming APEC tourism meetings in June will provide Macau with an opportunity to showcase the strengths of the Greater Bay Area and tell China’s story on the international stage, according to Maria Helena de Senna Fernandes. Speaking ahead of the 13th APEC Tourism Ministerial Meeting and the 67th Tourism Working Group Meeting, Fernandes said…
Hong Kong Financial Secretary Paul Chan Mo-po recently said the city could rise to become the world’s No 2 financial centre in 10-15 years. That is the right kind of ambition. In a world being reshaped by geopolitical fragmentation, China’s growing global weight and rapid technological change, Hong Kong must think beyond remaining internationally competitive…
Hong Kong’s finance chief has expressed confidence that the city will climb to at least second place in the global ranking of international financial centres within 10 to 15 years. Financial Secretary Paul Chan Mo-po said on Wednesday at the HSBC Global Investment Summit that the city offered stability and prosperity in uncertain times, citing…
Government said the funding is part of a new strategy which will make the best use of local and hyperlocal media View of Liverpool city centre’s skyline(Image: Jason Wells/Loop Images/Universal Images Group via Getty Images) The future of news is local, according to Culture Secretary, Lisa Nandy as she prepares to launch the ‘first local…
PR Newswire – 5 minutes ago BEIJING , March 9, 2026 /CNW/ — This is a report from Xinhua News Agency: China’s annual “two sessions” have drawn global attention. In this special coverage of the “two sessions,” parliamentarians from around the world share their observations and expectations about the event. In this episode, Marina Ragus,…
Hong Kong’s financial chief has vowed to serve the nation and seize opportunities from the newly unveiled 15th five-year development plan, calling it a “golden strategic period” with great potential amid escalating geopolitics. Financial Secretary Paul Chan Mo-po said on Sunday that Hong Kong would adopt “Artificial Intelligence+” and “Finance+” approaches to support China’s development…
BEIJING, CHINA – Media OutReach Newswire – 7 March 2026 – CGTN published an article on the opening meeting of the fourth session of the 14th CPPCC National Committee. Reviewing the work of the CPPCC National Committee in 2025 in areas like its consultative and deliberative work and assisting in the formulation of the 15th…
Hong Kong’s jobless rate edged up by 0.1 percentage point over the past three months to 3.9 per cent after holding steady in the period between August and October last year, with unemployment rising in the insurance, construction and finance sectors. But labour authorities remained optimistic, saying the growing economy would support the job market…
This photo taken on Feb 1, 2025 shows a city view of Hong Kong, South China. [Photo/Xinhua] HONG KONG – China’s Hong Kong has turned heads globally with its initial public offering bonanza expected to steam along in 2026, luring investors who are drooling over Chinese assets bolstered by the country’s growth prospects. The Hong…