NWD reports losses for second straight year as CEO says debt reduction efforts yield results

NWD reports losses for second straight year as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for “undue concern”. The developer, which has been battling liquidity problems for the past three years, said losses from continuing operations amounted to HK$16.3 billion…

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Exclusive | How low-key Hong Kong entrepreneur, daughter aim to score with Ronaldo museum

Exclusive | How low-key Hong Kong entrepreneur, daughter aim to score with Ronaldo museum

While Hong Kong manufacturers were tackling the havoc caused by US President Donald Trump’s “reciprocal tariffs” earlier this year, Ken Tsoi Wing-sing and his daughter were busy launching a museum dedicated to football superstar Cristiano Ronaldo in the city. Tsoi, chairman of listed firm Star Shine Holdings Group, said in an exclusive interview with the…

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Opinion | Hong Kong is back. Now it must quickly cement its international status

Opinion | Hong Kong is back. Now it must quickly cement its international status

The familiar signs of hustle and bustle in Hong Kong are back. Mainland tourists are thronging major attractions, from the Tsim Sha Tsui promenade to Disneyland Resort. Foreign tourists are returning in noticeable numbers, adding a cosmopolitan flair. Overseas business travellers are back in droves, too, as evidenced by the back-to-back exhibitions at the Hong…

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Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Nearly 300 well-preserved exhibits from 28 museums and institutions in mainland China have gone on show in Hong Kong in a rare showcase of the prosperous Tang dynasty (618-907), with new incentives to encourage student visits. Themed “Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness”, the exhibition has been organised…

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Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Rare chance for Hongkongers to visit exhibition showcasing Tang dynasty treasures

Nearly 300 well-preserved exhibits from 28 museums and institutions in mainland China have gone on show in Hong Kong in a rare showcase of the prosperous Tang dynasty (618-907), with new incentives to encourage student visits. Themed “Tang Vogue Beyond the Horizons: A Golden Era of Multicultural Integration and Openness”, the exhibition has been organised…

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Hong Kong needs coordinated efforts to promote tourism: industry leaders

Hong Kong needs coordinated efforts to promote tourism: industry leaders

Hong Kong needs a more comprehensive and coordinated approach to boost tourism, such as by promoting the National Games alongside other concurrent events, industry representatives have said, highlighting challenges facing the sector. Despite a post-pandemic surge in the number of arrivals, the representatives also noted emerging trends required more promotion and that visitors were now…

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