Fosun Tourism Raises Less Than Intended in Hong Kong IPO
Crystal Tse, Bloomberg
The owner of Club Med and Atlantis Sanya eyed as much as $548 million, but raised $426 million in its Hong Kong initial public offering.
1 month ago
Crystal Tse, Bloomberg
The owner of Club Med and Atlantis Sanya eyed as much as $548 million, but raised $426 million in its Hong Kong initial public offering.
1 month ago
Prudence Ho and Dong Lyu, Bloomberg
More turbulent skies lie ahead for Hong Kong-based carriers like Cathay.
4 months ago
Kyunghee Park, Bloomberg
With extreme weather events like typhoons, it can be difficult to predict how much disruption they will cause. In this case, it looks like it will be a good few days before operations at Hong Kong International Airport are back to normal.
4 months ago
Yuji Nakamura and Kurumi Mori, Bloomberg
When the world's most powerful storm is bearing down, airlines have no choice but to suspend operations. It's a drill that has become all too common across the globe.
4 months ago
Bloomberg
United got cute by symbolizing China, Taiwan, and Hong Kong with their currencies — as in New Taiwan Dollar — instead of the country names themselves. Give United credit for trying, but the airline will likely give in.
5 months ago
Sierra Tishgart, Bloomberg
The posh style of The Murray in Hong Kong is an example of why the hotel industry is buzzing about fast-rising China-based brand Niccolo Hotels. Established brands like Mandarin Oriental, Peninsula, and Shangri-La should watch out.
7 months ago
Lulu Yilun Chen, Bloomberg
When people pass between Hong Kong, Macau, and mainland China, they have to present border documents, called permits. A new feature on the popular WeChat app could replace the need for the documents someday, according to a proposal. Here's hoping.
8 months ago
Bloomberg
The U.S. went there — yes, a George Orwell jab at China's order that airlines should not refer to Macau, Hong Kong, and Taiwan as countries. The trade war gamesmanship is never boring.
9 months ago
Bloomberg
WeChat is headquartered close to Hong Kong so Tencent Chairman Ma Huateng advocates an electronic ID system and other measures that would enhance the integration of Hong Kong with China for the purposes of trade, commerce, employment and travel. Many in Hong Kong would rather be less-integrated and more independent.
11 months ago
Daniela Wei , Bloomberg
Hong Kong Disneyland is facing greater competition both from Macau, which is improving its family offerings, and from Shanghai Disney Resort. Disney and the Hong Kong government are spending $1.4 billion on an expansion to the theme park, which should attract more visitors.
11 months ago
Vinicy Chan, Bloomberg
The more interesting question out of all of this is what this acquisition could mean for the integration or application of blockchain technology in the hospitality space.
1 year ago
Pan Pylas, Associated Press
Hong Kong has the benefit of being located next to mainland China, the world's largest outbound travel market. But Greece and Italy, benefiting from turmoil in Tunisia and Egypt, are among the more interesting findings, especially since Greece and Italy were already having trouble managing tourism growth.
1 year ago