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Tag: Hong Kong

Posted on November 22, 2023

More steps needed to improve Hong Kong-US ties, John Lee says, adding sanctions have affected efforts to promote city

Lee on Tuesday said he despised the “unreasonable” sanctions on him, but stressed that Hong Kong would play an active role in fulfilling the agreements struck between Chinese President Xi Jinping and …
Posted on November 21, 2023

More positive steps needed to improve Hong Kong-US ties, sanctions have affected efforts to promote city, John Lee says

Chief Executive John Lee says he despises the ‘unreasonable’ sanctions on him, describing the move as form of bullying.
Posted on November 21, 2023

McDonald’s increases its minority stake in China business with Carlyle deal

In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macao to Carlyle and Citic.
Posted on November 21, 2023

McDonald’s Buys Back Minority Stake in China Business

Carlyle acquired its stake in McDonald’s (ticker: MCD) in 2017, when the company sold its operations in mainland China and Hong Kong to a locally led consortium for $2.1 billion. CITIC Capital, an …
Posted on November 21, 2023

McDonald’s to acquire Carlyle’s stake in China unit

Nov 20 (Reuters) – McDonald’s (MCD.N) said on Monday it would acquire investment firm Carlyle’s (CG.O) 28% stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as …
Posted on November 20, 2023

McDonald’s increases its minority stake in China business

In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macau to Carlyle and Citic.
Posted on November 20, 2023

McDonald’s to Acquire Carlyle’s Stake in McDonald’s China

CHICAGO and HONG KONG, Nov. 20, 2023 /PRNewswire/ — McDonald’s Corporation (NYSE: MCD) and global investment firm Carlyle (NASDAQ: CG) today announced that McDonald’s has agreed to acquire Carlyle’s …
Posted on November 19, 2023

Hong Kong property: how high rebates are helping developers lure more homebuyers amid a sluggish market

Rebates serve as a price-adjustment tool for property developers under existing industry regulation, according to JLL Hong Kong’s Joseph Tsang The high rebates offered by agents show the impact of a …

( read original story …)



Posted on November 19, 2023

Paul Chan Attends APEC Finance Ministers’ Meeting to Introduce HK Latest Economic and Financial Situation

At the APEC Finance Ministers’ Meeting in San Francisco, Hong Kong’s Financial Secretary Paul Chan said that given a complicated and ever-changing global landscape, strengthening …
Posted on November 18, 2023

Finance chief Paul Chan updates Chinese President Xi Jinping on Hong Kong’s situation at Apec summit

I mentioned that since the new government took office, strengthening the economy and improving people’s livelihood have been our top priorities,’ minister says World leaders also agreed that …

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