The auction giant's hookup with the well-connected, Hong Kong-based, Internet outfit signals a retreat on the mainland from eBay's core biz Ebay's long-expected retreat from the online auction business in China is now a...
By Justine Lau in Hong Kong Hutchison Whampoa and Cheung Kong, billionaire Li Ka-shing's Hong Kong flagships, are to pocket $2.7bn after a telecommunications unit yesterday announced a hefty special dividend due to "the lack of...
HONG KONG, Nov 12 (Reuters) - Shares of Hutchison Telecommunications International Ltd (2332.HK: ) NTX.N jumped as much as 31 percent on Wednesday after it said it will pay a bigger-than-expected special dividend of $4.3...
By Jun Ebias HONG KONG, Nov 12 (Reuters) - Hong Kong stocks fell 1.9 percent on Wednesday on growing fears over the impact of the global economic crisis on corporate results, with shares of bourse operator HKEx down ahead of...
By Jun Ebias HONG KONG, Nov 7 (Reuters) - Hong Kong shares rose 3 percent on Friday, reversing sharp opening losses, with financial stocks leading the charge amid hopes of market-boosting measures from Beijing. China...
HONG KONG, Nov. 6 (Xinhua) -- Turnover fell to one month low 48.25 billion HK dollars (6.2 billion U.S. dollars) from Wednesday's 60.85 billion HK dollars (7. Another market heavyweight China Mobile, or the country's largest...
Richard Li and his Chinese state-owned partner face a battle to clinch the proposed $2bn takeover of PCCW, the Hong Kong telecommunications company, amid signs that minority shareholders will reject the offer price
HONG KONG - Shares in Hong Kong telecommunications operator PCCW rocketed by more than 30% for an interval on Wednesday, after its major shareholders, tycoon Richard Li and China Netcom, offered nearly $2 billion to take the...
This is the house that Richard built. At the height of the tech boom in 2000, Richard Li’s PCCW paid $28.5bn for Hong Kong’s then-monopoly telecoms network. Before the year was out PCCW’s shares had tanked from a peak of...