Sany Heavy Industry, one of China’s largest heavy equipment manufacturers, plans to use the sum of up to US$1.5 billion that it could raise in a proposed Hong Kong initial public offering (IPO) to support global expansion, despite ongoing trade tensions between China and the US, according to an executive. The Shanghai-listed company will use…
Three Hong Kong insurance firms unveiled policies this week aimed at helping Hongkongers access medical services across the Greater Bay Area, as companies recognise fresh opportunities in serving the city’s growing “silver” population amid the government’s push for greater integration across the region. BOC Group Life Assurance, FWD Group and Prudential Hong Kong unveiled their…
Stephanie Wong believes it is destiny that explains why she ended up in Vancouver, Canada, opening a bakery cafe. The Hong Kong-born chef, who used to have a restaurant called Roots, in Wan Chai on Hong Kong Island, is now selling sourdough and viennoiserie such as crispy croissants, salted caramel canelés and matcha strawberry madeleines…
A Cathay Pacific Airbus A350 aircraft is seen at Hong Kong International Airport in Hong Kong on Sept 3, 2024. (Photo: Reuters) A flight attendant with Cathay Pacific Airways mistakenly served a glass of white wine to a three-year-old boy seated in business class last month, raising concerns over the health risks caused by a…
Richard Serra once said in an interview with Charlie Rose, “Art is purposely useless”. What the artist known for his colossal sculptures meant was that, unlike architecture, art can escape from all constraints and restrictions and be free. Well, Serra would eat his words if he had a chance to see what museum visitors are…
Hong Kong’s cycling association could be ordered to reopen an inquiry regarding last year’s Paris Olympics after a renewed accusation about its selection of riders, a source has told the Post. A complaint last October to the Sports Federation and Olympic Committee of Hong Kong, China (SF&OC) – subsequently investigated, with the findings leaked to…
A former engineering manager at the company that built a ferry involved in one of Hong Kong’s deadliest maritime disasters has admitted during a court inquest that he failed to ensure the accuracy of the vessel’s safety data submitted to the government. Cheung Chuen-yau made the comment while testifying at the Coroner’s Court on Friday,…
Hong Kong’s dominant free-to-air broadcaster Television Broadcasts (TVB) has undergone a shift in equity holdings, with its executive chairman Thomas Hui To making a personal investment in the company. The investment secures Hui an indirect equity stake in TVB, positioning him as a major shareholder. The transaction was a “strategic move” that emphasises Hui’s “firm…
Hong Kong’s business and academic circles should step up exchanges with their overseas counterparts to help counter the bias of Western governments against the city and Beijing, a top government adviser has said. Regina Ip Lau Suk-yee, who is the convenor of the key decision-making Executive Council, said on Friday that non-governmental efforts could help…
Jarita Mak Shun-ting starts her Wednesday morning by preparing beef patties for her signature sliders before the lunch rush starts at her shop in Hong Kong’s Kwai Chung Plaza. She opened her shop, Wagyu Butler, more than a month ago and offers small bites ranging from mini burgers and meatballs to dumplings and instant noodles…