China Mobile Ltd., China Telecom Corp Ltd., China Unicom Hong Kong Ltd will be suspended from trading between Jan. 7 and Jan. 11, and proceedings to delist them have started, according to a statement by the exchange. The New York Stock Exchange said it will delist three Chinese corporations to comply with a U.S. executive order that imposed restrictions on companies identified as affiliated ...

As a stop-gap measure, the Inland Revenue Department has ordered Janak Education Material Centre to print nearly 100 million stickers. Nearly a year after the tax authority invited a global tender for excise duty stickers that landed in a legal dispute, the Inland Revenue Department has once again invited a global tender for the stickers. The department issued a tender ...

Sources say the US-based Oaktree and Hong Kong-based SC Lowy submitted bids for DHFL on 17 Oct, the last date to submit final bids New Delhi: Adani Group and Piramal Enterprises are among the four entities that have placed bids for DHFL, the first financial services player undergoing insolvency process, according to sources. Besides, sources said, the US-based Oaktree and Hong Kong-based ...

UEFA has today launched a Request for Proposals (RFP) process in relation to the acquisition of media rights for the UEFA Women’s Champions League 2021–25 cycle. Olympique Lyon celebrate winning the UEFA Women’s Champions League last month Media rights for the UEFA Women’s Champions League will be fully centralised as of the 2021/22 season, from the newly created group stage ...

Silverback Development is reportedly partnering with Hong Kong-based Hopson Development Holdings, to build a $250-million residential condominium tower in Midtown Manhattan. Located at 131 E. 47th St., the 200-unit tower, designed by Ismael Leyva Architects, will offer approximately 5,000 square feet of retail at its base. “It is an honor to develop a project of this caliber and we are uniquely ...

Facebook and the Centre for Civil Society and Governance (CCSG) at the University of Hong Kong (HKU) today (June 18) announced the winners of the Ethics in AI Research Initiative for the Asia Pacific, an initiative to help support thoughtful and groundbreaking academic research in the field of artificial intelligence (AI) ethics. The development of AI technologies often brings to ...

Hong Kong-listed investment holding firm Oshidori International Holdings Ltd says it has appointed Alejandro Yemenidjian as a non-executive chairman and non-executive director of the company. Mr Yemenidjian will also serve as chief executive of Oshidori International Development Ltd, the group’s unit eyeing a casino resort licence in Japan’s Nagasaki prefecture. Mr Yemenidjian served from July 2009 to September 2015 as ...

Buyers are likely to balk at the HK$3.1 billion to HK$5 billion estimates for the six mansions in the current economic and political climate, say market observersThe property could fetch as much as 20 per cent discount to similar sized plot in the same neighbourhood bought by China Resources in 2018 The exterior of 37 Shouson Hill Road property. The ...

View of the Sorek Desalination Plant.  Jerusalem (Reuters/Hamodia) – Israel on Tuesday chose local company IDE Technologies over a Chinese-linked rival to build the country’s largest desalination plant to help battle water shortages that could arise from climate change. The new desalination plant will be added to five facilities already in operation in Israel. The project, to be financed by a ...

Let shops and restaurants stay after fire station moves in, says Servicemen’s Guides AssociationGovernment has served notice to take back three-storey building and redevelop the site Fenwick Pier is marked for demolition under the government’s plans to secure more urban land for redevelopment. The non-profit organisation which has run Fenwick Pier in Wan Chai for nearly seven decades is making ...

CK Asset Holdings, Wheelock Properties and Chinachem Group among firms bidding for Kwun Tong plotMarket valuations for the plot range from HK$4.6 billion to HK$9 billion At least 1,000 flats will have to be sold as starter homes priced at 80 per cent of their market price at the new development. Hong Kong’s first residential plot of land designated for ...

An artist’s impression of the government’s plans for the former airport The Hong Kong government has scrapped the sale of the second-largest commercial site at Kai Tak, marking the latest blow to its plans for redeveloping the former airport site. The city’s Lands Department said that it had cancelled the tender for New Kowloon Inland Lot No. 6615 after all ...

Plot at former Kai Tak airport site withdrawn from sale after bids fail to meet government’s reserve priceValuers had cut estimates for plot by as much as 20 per cent to between HK$6.38 billion and HK$10.44 billion The Hong Kong government on Wednesday withdrew a commercial plot for sale at the site of the city’s former airport at Kai Tak ...

The Hong Kong Public Relations and Communication Professional Union has warned agencies to consider the city’s political tensions before taking part in the ongoing global PR tender. HONG KONG — A new organization claiming to represent employees from more than 30 of the city’s PR firms has warned agencies that they face “heightened challenges” from political tensions should they attempt ...

Estimated valuations of three plots could be cut by as much as a fifth by property developersDevelopers’ bids will be ‘indicative of the property market and economy in the future’: Centaline Surveyors The residential land on Anderson Road in Kwun Tong. It is one of three sites that might attract lower bids from Hong Kong property developers. Three plots of ...