Economy of Hong Kong

Hong Kong Book Fair rescheduled for 16-22 December

Retrieved on: 
Thursday, September 3, 2020

HONG KONG, Sept 3, 2020 - (ACN Newswire) - The 31st HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, organised by the Hong Kong Trade Development Council (HKTDC), has been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre, following discussions with the fair's supporting organisations and relevant stakeholders.

Key Points: 
  • HONG KONG, Sept 3, 2020 - (ACN Newswire) - The 31st HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo, organised by the Hong Kong Trade Development Council (HKTDC), has been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre, following discussions with the fair's supporting organisations and relevant stakeholders.
  • The 31st HKTDC Hong Kong Book Fair, including the HKTDC Hong Kong Sports and Leisure Expo has been rescheduled to run from 16 to 22 December 2020 at the Hong Kong Convention and Exhibition Centre.
  • Benjamin Chau, HKTDC Deputy Executive Director (left), and Elvin Lee, Chairman, Hong Kong Publishing Federation Limited and member of Hong Kong Book Fair 2020 Cultural Events Advisory Panel (right), hosted online media briefings today to share the latest arrangements.
  • Hong Kong Book Fair website and mobile app: www.hkbookfair.com, www.hkbookfair.com/HKBookfairApp.html
    Hong Kong Sports and Leisure Expo Website: www.hkbookfair.com/hksportsleisureexpo
    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

Hong Kong Jewellery Design Competition winners revealed

Retrieved on: 
Monday, August 10, 2020

HONG KONG, Aug 10, 2020 - (ACN Newswire) - The results of the 21st Hong Kong Jewellery Design Competition have been announced, with designer Lee Wing-yan, sponsored by Luk Fook Holdings (International) Limited, taking the top prize with her entry "Freedom and Bondage".

Key Points: 
  • HONG KONG, Aug 10, 2020 - (ACN Newswire) - The results of the 21st Hong Kong Jewellery Design Competition have been announced, with designer Lee Wing-yan, sponsored by Luk Fook Holdings (International) Limited, taking the top prize with her entry "Freedom and Bondage".
  • The Hong Kong Jewellery Design Competition is jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Jewellers' & Goldsmiths' Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers' Association and the Diamond Federation of Hong Kong, China.
  • Organised by the HKTDC, the HKTDC Hong Kong International Diamond, Gem & Pearl Show will take place from 1 to 5 March 2021 at AsiaWorld-Expo while the HKTDC Hong Kong International Jewellery Show will be held from 3 to 7 March 2021 at the Hong Kong Convention and Exhibition Centre.
  • The 22nd Hong Kong Jewellery Design Competition, with the theme "Light.

Rosewood Shanghai To Break Ground In 2022

Retrieved on: 
Thursday, July 30, 2020

HONG KONG, July 30, 2020 /PRNewswire/ -- Rosewood Hotels & Resorts has been appointed by Shanghai-based property development company, Lonsen Land Group, to manage Rosewood Shanghai, a new hotel in mainland China set to break ground in 2022, with an expected opening in 2028.

Key Points: 
  • HONG KONG, July 30, 2020 /PRNewswire/ -- Rosewood Hotels & Resorts has been appointed by Shanghai-based property development company, Lonsen Land Group, to manage Rosewood Shanghai, a new hotel in mainland China set to break ground in 2022, with an expected opening in 2028.
  • Occupying prime real estate within a mixed-use project designed by renowned international studio Foster + Partners, Rosewood Shanghai is set to transform the city skyline.
  • Rosewood Shanghai will offer 200 guestrooms and suites, five food and beverage establishments and Asaya, Rosewood Hotels & Resorts' revolutionary wellness concept.
  • Rosewood Shanghai will join Rosewood's collection of distinguished city and resort properties in Greater China, which currently includes Rosewood Hong Kong, Rosewood Beijing, Rosewood Sanya and Rosewood Guangzhou.

Junshi Biosciences Announces Approval of “B” Marker Removal from Company’s Stock Name by HKEX

Retrieved on: 
Sunday, July 12, 2020

Junshi Biosciences originally listed on the HKEX on December 24, 2018 under Chapter 18 A (the biotech chapter) of the Listing Rules.

Key Points: 
  • Junshi Biosciences originally listed on the HKEX on December 24, 2018 under Chapter 18 A (the biotech chapter) of the Listing Rules.
  • It now satisfies and even well surpasses the revenue and market capitalization requirements for the dis-application.
  • As a result of the approval by the HKEX, the B marker will no longer be affixed to the Companys stock name in the HKEX.
  • On December 24, 2018, Junshi Biosciences was listed on the Main Board of the Stock Exchange of Hong Kong with the stock code: 1877.HK.

Lufax Holding's Subsidiary LUI HK Obtains Three Financial Business Licenses in Hong Kong

Retrieved on: 
Tuesday, June 23, 2020

In addition, the LUI HK app, an online wealth management platform for Hong Kong residents, is expected to go live in August.

Key Points: 
  • In addition, the LUI HK app, an online wealth management platform for Hong Kong residents, is expected to go live in August.
  • As Hong Kong is one of the most strategically important financial centers in the world, LUI HK obtained the licenses to serve the wealth management market in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area.
  • After the launch of the LUI HK app, we will introduce more Hong Kong dollar and US dollar wealth management products.
  • With fintech and comprehensive online wealth management services, LUI HK offers Hong Kong retail customers a one-stop shop for Hong Kong dollar and US dollar investment and wealth management services.

31st HKTDC Hong Kong Book Fair opens on 15 July

Retrieved on: 
Tuesday, June 23, 2020

Focus on inspirational and motivational reading, leisure activities

Key Points: 
  • Focus on inspirational and motivational reading, leisure activities
    HONG KONG, June 23, 2020 - (ACN Newswire) - The 31st HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), will be held from 15 to 21 July (Wednesday to Tuesday) at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • Benjamin Chau, HKTDC Deputy Executive Director, said the Hong Kong Book Fair Cultural Events Advisory Panel has selected Inspirational and Motivational Reading as the theme for the 2020 HKTDC Hong Kong Book Fair.
  • Introducing the highlights of this year's Book Fair at a press conference today are (from right) Rap Chan, Hong Kong author; Elvin Lee, Chairman of the Hong Kong Publishing Federation and member of the Hong Kong Book Fair 2020 Cultural Events Advisory Panel; Benjamin Chau, HKTDC Deputy Executive Director; Yau Lop-poon, Editor-in-Chief of Yazhou Zhoukan and member of the Hong Kong Book Fair 2020 Cultural Events Advisory Panel; and Hong Kong author Cheng Kok-kong.
  • The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

Melco publishes second sustainability strategy report Above & Beyond

Retrieved on: 
Monday, June 1, 2020

MACAU, June 01, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces the publication of its 2019 sustainability report ( link ).

Key Points: 
  • MACAU, June 01, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces the publication of its 2019 sustainability report ( link ).
  • Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, Last year, Melcos inaugural Above & Beyond sustainability strategy set out a comprehensive series of bold, strategic initiatives and ambitions to confront systemic issues within the hospitality industry.
  • One year on, amidst the current economic uncertainty, we remain firmly driven by our focus around our sustainability goals.
  • They stand at the core of our strategy and have become part of daily operations for our entire workforce, from top to bottom.

Galaxy Entertainment Group: Selected Unaudited Q1 2020 Financial Data

Retrieved on: 
Wednesday, May 13, 2020

Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported selected unaudited financial data for the three-month period ended 31 March 2020.

Key Points: 
  • Galaxy Entertainment Group (GEG, Company or the Group) (HKEx stock code: 27) today reported selected unaudited financial data for the three-month period ended 31 March 2020.
  • Moving onto our Q1 2020 performance, our net revenue during this difficult quarter was $5.1 billion and Adjusted EBITDA was $283 million.
  • Further to our previously announced financial donations, face masks, education support, social services and food & hygiene hampers, in April 2020, we announced an additional donation of MOP75 million through the Galaxy Entertainment Group Foundation.
  • The Groups total GGR on a management basis1 in Q1 2020 was $5.5 billion, down 64% year-on-year and down 62% quarter-on-quarter.

BeiGene Reports First Quarter 2020 Financial Results

Retrieved on: 
Monday, May 11, 2020

and BEIJING, China, May 11, 2020 (GLOBE NEWSWIRE) -- BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative molecularly-targeted and immuno-oncology drugs for the treatment of cancer, today reported recent business highlights, anticipated upcoming milestones, and financial results for the first quarter of 2020.

Key Points: 
  • and BEIJING, China, May 11, 2020 (GLOBE NEWSWIRE) -- BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative molecularly-targeted and immuno-oncology drugs for the treatment of cancer, today reported recent business highlights, anticipated upcoming milestones, and financial results for the first quarter of 2020.
  • BeiGene is preparing to commence promotional activities for XGEVA in patients with giant cell tumor of bone in the third quarter of 2020.
  • Regulatory activities for KYPROLIS and BLINCYTO are in progress, with new drug applications (NDAs) to the NMPA submitted in the fourth quarter 2019.
  • SG&A-related share-based compensation expense was$17.86 million for the three months ended March 31, 2020, compared to $10.62 million for the same period of 2019.

Baby Monitors Help Hospitals Care for COVID-19 Patients - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 7, 2020

ResearchAndMarkets.com published a new article on the consumer goods and services industry, "Baby Monitors Help Hospitals Care for COVID-19 Patients"

Key Points: 
  • ResearchAndMarkets.com published a new article on the consumer goods and services industry, "Baby Monitors Help Hospitals Care for COVID-19 Patients"
    COVID-19 is highly contagious and patients experiencing symptoms must be isolated from others to avoid spreading the virus.
  • Several companies have responded to the unexpected demand for baby monitors by making donations to hospitals and nursing homes.
  • Philips has donated 3,200 baby monitors in collaboration with the online shopping site bol.com while VTech has committed to shipping up to 200 baby monitors directly to hospitals that need them.
  • To see the full article and a list of related reports on the market, visit "Baby Monitors Help Hospitals Care for COVID-19 Patients"
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.