Home 

Shanghai to give foreign workers access to share options for locally-listed firms to attract more funds and talent

Shanghai plans to allow foreigners employed by regional headquarters of multinational companies to receive stock options on the A-share market, part of its bid to become a global financial powerhouse.The step comes as ongoing protests in Hong Kong pose a threat to its status as the region’s established financial centre.The stock options guideline, published Tuesday, aims at encouraging more regional headquarters to be set up in Shanghai. It represents the latest efforts by the mainland’s most… Source link

Read More
China 

Could Hong Kong airport shutdown give Shenzhen the edge as top air hub in Greater Bay Area?

The shutdown of operations at Hong Kong International Airport (HKIA) for a second consecutive day on Tuesday has tarnished the city’s reputation and could prompt airlines to reassess the facility’s role as the main air transport hub for the Greater Bay Area, analysts said.That reassessment could be supported by Chinese government efforts to expand the capacity of other airports in the area to handle the expected increase in passenger traffic in coming years, they added.Hong Kong International… Source link

Read More
Singapore 

5 spooky tales from Singapore film sets that will give you the chills this Hungry Ghost Festival , Lifestyle, Entertainment, Singapore News

If you’re interested in the dead, don’t be surprised to find out that the dead are just as interested in you — especially if you work in the entertainment industry. Anyone who has ever worked on the set of an Asian movie will tell you that there are rituals and ceremonies that precede the official filming in order to precipitate a smooth shoot. According to one producer I spoke to, film sets are often haunted because spirits in the area are drawn to these sites of entertainment since they lead an otherwise mundane…

Read More
Home 

HMV’s liquidation next week to give Hongkongers a chance to get their hands on 100,000 DVDs, records and its iconic dog statues

HMV, the collapsed music retailer, will hold a liquidation sale next week, allowing the public to buy some 100,000 CDs, DVDs and vinyl records at heavily discounted prices, according to its liquidator.The largest liquidation sale in the city for more than a decade comes after a failed tender sale, said Wong Sun-keung, a partner at accounting firm Vision AS, which is handling HMV’s liquidation.“We tried to sell a whole lot of inventory by way of tender in June, but the offer prices from the 10… Source link

Read More
Singapore 

Satay seller Mickey Mouse and roti prata seller Donald Duck give Singapore tourism spicy lift, Singapore, Lifestyle News

Sellers of roti canai in Malaysia and roti prata in Singapore will flip for joy now that Donald Duck is stepping up to the plate to cook that iconic dish. In a new series of animated shorts released by Disney Channel South-east Asia, the first short shows Goofy deliberating on whether to sample Donald Duck’s creation or Mickey Mouse’s satay. The six-part series, which can be caught on YouTube, is a boost for tourism in both countries as the shorts will feature Mickey Mouse, Minnie Mouse, Donald Duck, Daisy Duck…

Read More
Singapore 

‘Is my maid using black magic?’ These stories will give you the chills!, Singapore News

Have you ever heard of a maid using black magic on a family? We live in the 21st century, and for many of us, the very idea of black magic sounds silly and ridiculous, but you will be surprised by the number of such cases that have been reported. Some of them are rather eerie, we have to admit. Like the case of this Singapore maid… STORY OF SINGAPORE MAID USING BLACK MAGIC A family of four in Singapore discovered something fishy when they realised that many of their valuables…

Read More
China 

China nudges top tech firms from Tencent to Alibaba to give new life to struggling state giants

China is pushing ahead with plans to upgrade its lumbering state-owned enterprises, directing its leading technology firms to increase investment in underperforming SOEs.Internet companies such as Tencent were being encouraged to forge stronger ties with state firms, Chinese media quoted Hao Peng, Communist Party boss of the country’s assets watchdog, the State-owned Assets Supervision and Administration Commission (Sasac), as saying. Sasac directly supervises more than 50 trillion yuan (US$7.2… Source link

Read More
Home 

The trade war lull is a good time to assess the damage, and corporate earnings give investors that chance

Taking a look at the world and capital markets through the widest macroscopic lens is a sensible way of determining what matters when it comes to investing. However, now and again the micro narrative takes over, and the corporate earnings season is one of those times.The current macro economic backdrop is uninspiring but understandable. The trade war has dented corporate activity and economic sentiment, but central banks have signalled their intent to ease rates to steady the economic ship.The… Source link

Read More
China 

China’s war chest of rare earth patents give an insight into total domination of the industry

China is strengthening its grip on the rare earths supply chain and could use its dominant position as a bargaining chip in the US-China trade war.China has been investing heavily on facilities to do the bulk of the dirty and environmentally damaging mining and ore processing work for the world and systematically turning its know-how and methodologies into patents that could give it a competitive edge against its rivals.The country, which already supplies more than 80 per cent of the world’s… Source link

Read More
Property 

Homebuyers give their collective cold shoulder to new flats in Tuen Mun, Tai Po as persistent protest rallies weigh on sentiments

Hong Kong’s property buyers gave their collective cold shoulder to the biggest sale of new homes in a month, picking up just over 30 per cent the 442 new flats on offer, as sentiments stayed downbeat amid protest rallies that have persisted since early June.Wing Tai Properties sold 23 of the 110 flats at its OMA OMA project in Tuen Mun as of 9pm, according to sales agents. China Overseas Land & Investment sold 111 of 332 units on offer at The Regent in Tai Po, with a total contracted…

Read More