That underscored a sluggish state of affairs at Mao Geping, about two months after opening its first overseas location in the city, and the broader challenges faced by Chinese beauty – dubbed C-beauty – brands seeking to expand sales outside the mainland. The cosmetics firm was named after founder Mao Geping, China’s most famous make-up…
Landlords in Hong Kong and Singapore are expected to continue allocating space to flexible office operators as multinational corporations reshape the sector’s risk profile and fuel long-term demand, according to industry experts. A major driver behind this shift is the rapid change in who uses flexible workspaces. Global companies now represented 41 per cent of…
Hong Kong customs has, for the first time, uncovered a drug smuggling operation involving an underwater compartment of a large cargo ship, resulting in the seizure of HK$256 million (US$32.89 million) worth of suspected cocaine. The operation last month, supported by intelligence from mainland China and underwater robots, also disrupted what investigators believed was an…
Hong Kong’s 50,000-seat Kai Tak Stadium has been ranked the world’s No 3 in ticket sales in 2025, despite its debut nine months ago, with its operator saying the ranking cements the city’s status as “Asian events capital”. According to data compiled by Pollstar, a US-based trade publication for the concert and live music industry,…
Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin….
Fans of Chinese table tennis superstars Wang Chuqin and Sun Yingsha have been a constant, visible presence at this week’s WTT Finals, packing into Hong Kong Coliseum in their sponsor-branded hoodies and T-shirts. Outside the venue, the fan village has become a gathering point, with supporters posing for photos in front of backdrops featuring Chinese…
Hongkong Land is set to launch what it expects to be the largest private real estate fund in Singapore, with more than S$8 billion (US$6.2 billion) in assets under management, including prime commercial projects in the waterfront Marina Bay district. At inception, the Singapore Central Private Real Estate Fund (SCPREF) would include one-third stakes in…
Chow Tai Fook Enterprises (CTFE), the parent company of embattled Hong Kong developer New World Development (NWD), is selling Australian utility Alinta Energy to a Singapore-based group for A$6.5 billion (US$4.3 billion). Sembcorp Industries will acquire 100 per cent ownership of Alinta and its units, as well as Latrobe Valley Power (LVP) and its subsidiaries,…
Hong Kong has signed aviation agreements with seven countries – mostly in Latin America – to expand its global reach and make better use of the airport’s three-runway system, according to a senior official. Secretary for Transport and Logistics Mable Chan on Tuesday revealed that the government had signed deals with the Latin American countries…
Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London…