Dongfeng posts first net loss as ventures with Japan carmakers slump
GUANGZHOU -- Dongfeng Motor Group has logged its first full-year net loss since the major state-owned Chinese automaker's 2005 listing in Hong Kong, dragged down by plunging profits from joint ventures with Japanese partners. The company reported Thursday a 3.9 billion yuan ($540 million) loss for…#guangzhou #dongfengmotorgroup #hongkong (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news

AllSaints Music Group to launch spatial audio service offering 360 Reality Audio
HONG KONG, March 28, 2024 /PRNewswire/ -- AllSaints Music Group announced today that the company will bring 360 Reality Audio, an immersive music experience utilizing Sony's object-based 360 Spatial Sound technology, to hundreds of millions of Android mobile phone users and potentially EV users…#hongkong #allsaintsmusicgroup #realityaudio #sony #spatialsound #android #allsaintsimmersive #allsaints #xiaomi #vrar (Source: Reuters: Health)
Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news

Tech Leads Chinese Stocks ’ Rally in Hong Kong Ahead of Holidays
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Source: Reuters: Health - March 28, 2024 Category: Consumer Health News Source Type: news

Art Basel Hong Kong ’s Full-Scale Return Tests City’s Events Appeal
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Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

NetDragon Announces 2023 Annual Financial Results
Strong gaming growth fuels momentum as Mynd.ai sets course for new growth journey post-spinoff HONG KONG, March 27, 2024 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced…#hongkong #netdragon #hongkongstockcode #dejianliu #yoy #esg #msci #core #fy2023 #fy2022 (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Fortune Innovation Forum kicks off in Hong Kong
Greetings from the Fortune Innovation Forum in Hong Kong. There have been plenty of discussions about artificial intelligence so far, both in terms of the generative AI that’s dominated headlines and the AI that’s already been transforming business for years. But there have also been fascinating…#hongkong #clairezillman #yumchina #joeywats #tripcom #janesun #bonniechan #clearingltd #chan #paulchan (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

HSBC ’s Gold Token Goes Live for Retail Investors in Hong Kong
None The tokenized gold product is available via HSBC Online Banking and HSBC HK Mobile App. • None The HSBC Gold Token is minted on the bank’s Orion digital assets platform. Financial powerhouse HSBC (HSBA) is tokenizing gold for everyday investors in Hong Kong and claiming bragging rights as the…#hsbconlinebankingand #hsbchkmobileapp #hongkong #hsbcgoldtoken #ethereum #hsbcorion #hsbchongkong #maggieng (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Hong Kong ’s Moribund Market Loses Another Big Deal From Alibaba
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Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans
Alibaba Group Holding Limited (NYSE:BABA) and its logistics subsidiary, Cainiao Smart Logistics Network Limited, announced the withdrawal of Cainiao’s initial public offering and listing application on the Hong Kong Stock Exchange. Concurrently, Alibaba Group has proposed an offer to Cainiao’s…#cainiao #alibabagroup #readalibabainvests #boostlogistics #taobao #tmallgroup #alibaba #lingshoutong #lst #pgj (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Hong Kong's future darkens as new security law takes effect
Hong Kong's Legislative Council passed a national security law after less than two weeks of deliberation. It seems the Chinese authorities will not be satisfied until the city is deprived of every possible freedom. One cannot help but worry about the future of Hong Kong, which is falling under the…#hongkong #legislativecouncil #xijinping (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong's beleaguered IPO market
Alibaba abandoned plans to list its logistics arm, dealing a blow to Hong Kong’s beleaguered IPO market.#hongkongs (Source: Reuters: Health)
Source: Reuters: Health - March 27, 2024 Category: Consumer Health News Source Type: news

Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce
Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions.#alibabagroupholding #cainiao #hongkong (Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news

Alibaba to buy Cainiao stake for up to US$3.75-billion as it drops IPO plan
Alibaba Group BABA-N said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for up to $3.75-billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong. In the Chinese e-commerce giant’s latest u-turn of its restructuring…#alibabagroupbaban #cainiao #hongkong #alibaba #alibabagroup #joetsai #cloud (Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news

Alibaba Scraps Spinoff Plan as Hong Kong IPO Woes Worsen
The Chinese internet company has abandoned plans to spin off its logistics arm Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.#cainiao #hongkongs (Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news

Hong Kong stocks edge up as corporate earnings jitters ease
A personalised news feed of stories that matter to you Get more with my NEWS Hong Kong stocks edge up as China Merchants Bank and China Resources Land rally on better-than-expected earnings Hong Kong edged up to snap a two-day decline as better-than-estimated results from China Merchants Bank and…#hongkong #chinamerchantsbank #chinaresourcesland #longforgroupholdings #federalreserve #palasinoholdings #spasx200 #southkoreas #kospi (Source: Reuters: Health)
Source: Reuters: Health - March 26, 2024 Category: Consumer Health News Source Type: news