(Bloomberg) — For more than 20 years, the massive Tsui Wah branch on Wellington Street was a late night favorite of Hong Kongers. Open 24 hours a day, the cha chaan teng served up local classics like soup noodles, fried rice and egg sandwiches, washed down with tumblers of iced lemon tea — perfect fodder to soak up … Read more
China’s top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd. for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which “side they should stand on.” The commentary in the Ta Kung Pao newspaper appeared on the Hong Kong and Macau Affairs … Read more
London: A Hong Kong company has submitted an initial 7-billion pounds ($8.8 billion) bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday. CK Infrastructure, part of the CK Hutchison group, put forward the non-binding offer earlier this month, but expects the utility’s bondholders to take … Read more
Washington, United States: The US Postal Service (USPS) said Tuesday it was temporarily suspending inbound parcels from China and Hong Kong, shortly after President Donald Trump’s imposition of fresh tariffs targeting Beijing. The halt will take place “until further notice,” and follows Trump’s order for an additional 10 percent levy on Chinese imports starting Tuesday. … Read more