Edition:
United Kingdom

Jennifer Hughes

ESR plans to raise up to $1.24 billion in Hong Kong's biggest share listing this year

05 Jun 2019

HONG KONG Logistics real estate developer ESR Cayman Ltd kicked off an initial public share offering (IPO) on Wednesday, hoping to raise up to $1.24 billion in Hong Kong's biggest float so far this year.

ESR delays $1.4 billion IPO in Hong Kong amid trade tension market jitters - sources

03 Jun 2019

HONG KONG Logistics property developer ESR Cayman Ltd has delayed the launch of what would have been Hong Kong's biggest initial public offering (IPO) so far this year, according to two people who cited the rise in market volatility amid fears over escalating trade tensions.

Chinese group sells Hamleys toy stores to India's Reliance Industries

10 May 2019

MUMBAI/HONG KONG Hamleys, the world's oldest toy retailer, is set to pass from Chinese to Indian control after Reliance Industries Ltd said it had agreed to buy the British high street icon in a deal worth $88.5 million. | Video

ANALYSIS-Battle for Hong Kong Airlines pulls complex HNA holdings into daylight

29 Apr 2019

HONG KONG, April 26 Shareholders summoned by Hong Kong Airlines this month for a meeting were greeted with some shocking news: the airline needed at least HK$2 billion in fresh funds or it would lose its operating license.

Battle for Hong Kong Airlines pulls complex HNA holdings into daylight

26 Apr 2019

HONG KONG Shareholders summoned by Hong Kong Airlines this month for a meeting were greeted with some shocking news: the airline needed at least HK$2 billion in fresh funds or it would lose its operating license.

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines

19 Apr 2019

HONG KONG Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier.

Hong Kong Airlines faces more uncertainty as chairman challenges his removal

17 Apr 2019

HONG KONG Hong Kong Airlines, partially owned by China's HNA Group, was thrown into deeper uncertainty on Wednesday after Hou Wei disputed a decision that removed him as chairman and said he was still in charge of the struggling carrier.

Hong Kong Airlines faces more uncertainty as board change disputed

17 Apr 2019

HONG KONG, April 17 Hong Kong Airlines, partially owned by China's HNA Group, was thrown into deeper uncertainty on Wednesday after Hou Wei disputed a board meeting that removed him as chairman and said he was still in charge of the struggling carrier.

Hong Kong Airlines expands board as it seeks fresh funds to survive

16 Apr 2019

HONG KONG Hong Kong Airlines (HKA) ex-director Zhong Guosong has been appointed its chairman as part of a board expansion aimed at turning around the struggling company, formerly controlled by heavily-indebted Chinese conglomerate HNA Group.

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