Hong Kong’s Henderson Land trims dividend as Iran, mainland China cloud outlook

    Hong Kong’s Henderson Land trims dividend as Iran, mainland China cloud outlook

    The earnings underscored how the city’s developers are shifting focus towards projects that can still generate cash flow, mainly high-end housing in Hong Kong and top-tier mainland cities, while waiting for offices and retail to recover. Recent geopolitical tensions, including the Iran war, had created “significant economic uncertainties”, prompting Henderson to adopt a more prudent…

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    Hong Kong authorities pursue missing MPF payments for staff of Michelin-rated eatery

    Hong Kong authorities pursue missing MPF payments for staff of Michelin-rated eatery

    Hong Kong’s pension authority is looking into HK$100,000 (US$12,740) in missing payments for 20 employees from the Michelin-starred Chinese restaurant Xin Dau Ji, following the chain’s abrupt closure of its Kowloon Bay branch on Wednesday. The Mandatory Provident Fund Schemes Authority said on Friday that it was pursuing the missing contributions for April and May….

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    Hong Kong authorities pursue missing MPF payments for staff of Michelin-rated eatery

    Hong Kong authorities pursue missing MPF payments for staff of Michelin-rated eatery

    Hong Kong’s pension authority is looking into HK$100,000 (US$12,740) in missing payments for 20 employees from the Michelin-starred Chinese restaurant Xin Dau Ji, following the chain’s abrupt closure of its Kowloon Bay branch on Wednesday. The Mandatory Provident Fund Schemes Authority said on Friday that it was pursuing the failed contributions in April and May….

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