Reporting and analysis on retail, e-commerce, and consumer trends in Hong Kong, updated continuously by our newsroom.
HSBC’s asset management arm appoints a new head of credit research in Asia amid an ongoing expansion across its product range and distribution capabilities in the region. HSBC Asset Management appoints Seok Poh Yeoh as head of credit research for Asia,…
Single-family office clients across Asia will be able to tap on HSBC’s team of investment banking specialists and institutional execution services. HSBC said that combining the family office and wealth planning strengths of its private banking business with…
OCBC appoints new chief for its Hong Kong unit, succeeding longstanding veteran Na Wu Beng. Ivy Au-yeung has been appointed chief executive of OCBC Wing Hang – the Singapore lender’s Hong Kong unit – according to a report, effective as of May 20, reporting to…
An agreement between Huawei and HSBC in Hong Kong has led Canadian courts to delay chief financial officer Meng Wanzhou’s extradition hearing. Huawei CFO Meng Wanzhou was handed a three-month delay for her U.S. extradition hearing, according to a court…
Two-thirds of retail strips in Asia Pacific saw rental declines in 2020, with Causeway Bay in Hong Kong experiencing the steepest decline at 43%, according to Cushman & Wakefield’s latest Asia Pacific Main Streets Report. Causeway Bay had been #1 across the…
Adidas is exiting Hong Kong’s Central prime business district. The German sportswear giant signed a HK$4.34 million a month, or HK$52.1 million a year, lease for the 13,000 sq ft shop at 36 Queen’s Road in 2015. Removal staff were seen dismantling shelves and…
Citi has expanded the role of its regional head of corporate finance with greater responsibilities for the Hong Kong investment banking business. Alex Schrantz has been named head of banking, capital markets and advisory (BCMA) for Hong Kong, according to a…
Standard Chartered plans to hire about 400 staff in Hong Kong this year as part of the ongoing expansion of its retail baking and wealth management business. The Asia-focused lender’s hiring plans are part of its strategy to tap demand from affluent customers…
Citi unveiled its hiring plans for its wealth management business in Hong Kong – one of the few remaining markets the bank will place its renewed focus on after announcing a series of planned exits. Citi will look to hire up to 500 people in its Hong Kong…
HSBC will relocate some of its top executives from London to Hong Kong as the British lender places increasingly greater emphasis on the region. Global banking and markets co-head Greg Guyett, wealth and personal banking chief executive Nuno Matos, and global…
Hong Kong authorities have seized nearly 9000 Thai cleaning products suspected to have wrong labeling from a shop founded by a pro-democracy activist facing charges under the city’s contentious national security law. Customs officers on Thursday raided 25…
Food and grocery delivery service Foodpanda has launched a Covid-19 vaccination awareness campaign across Asia in the lead-up to WHO’s World Immunisation Week. The campaign, which aims to reach more than 10 million people across Asia, will include a series of…
Tech-enabled coffee chain Flash Coffee has raised US$15 million in its Series A funding led by White Star Capital, aiming to launch 300 stores this year. The Series A round sets the total capital raised by Flash Coffee to US$20 million. Investors include…
Louis Vuitton has transformed Pedder Building into its own private salon, replete with their celebrated Objets Nomades collection. The occasion also marks the international launch of the brand’s latest Objet Nomade — Lanterns, intricately weaved lamps that…
Louis Vuitton’s Objets Nomades collection – a collection of travel-inspired furniture and objects made in collaboration with internationally renowned designers – first launched in 2012. Now, the Maison’s collaborative design showcase has landed in Hong Kong…
Pre-loved designer brand, HULA will be opening its first boutique on Hollywood Road this Friday. The location will feature a curated selection of over 500 unique designer womenswear pieces. There is also a dedicated Chanel rail for fans of the iconic brand.…
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.