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Hong Kong Bankers Face More Job Cuts on China Slowdown, High Pay: Hong Kong investment bankers could face more job cuts as the slowdown in China deals persists ...
bloomberg.com/news/articles/2024-04-22/hong-kong-bankers-face-more-job-cuts-on-china-slowdown-high-pay
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A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
apnews.com/article/hong-kong-plastics-ban-pollution-c54df7478e84166fc7f3f69c85bfeab4
Quick Glance: Hong Kong Implements Ban on Single-Use Plastics to Combat Pollution
- New legislation prohibits Styrofoam products and single-use plastic cutlery in Hong Kong
- Single-use cutlery like forks, spoons, straws, and plates can no longer be sold or distributed
- Many restaurants have already started implementing the new measures
- The goal is to curb the throwaway culture and promote reusables to protect the environment
Comment on Esprit: Misguided: Esprit is threatened with irrelevance. Management urgently needs to ensure excellence and rigor. The time for experiments is over ...
textilwirtschaft.de/business/news/kommentar-zu-esprit-fehlgeleitet-244772
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China’s LGFV Borrowing Costs Drop to Record Low as Investors Bet on Bailout: China’s off-the-books local government debt market has turned. Only a few months ago ...
bloomberg.com/news/articles/2024-04-22/china-s-lgfv-borrowing-costs-drop-to-record-low-as-investors-bet-on-bailout
China’s $700 Billion Offshore Bond Market Put to Test: A Beijing court case may have far reaching implications for international creditors in the country
bloomberg.com/news/newsletters/2024-04-23/china-s-700-billion-offshore-bond-market-put-to-test
Miu Miu Is the Hottest Fashion Brand of the Year So Far (Again): Prada's little sister continues its winning streak, according to the latest Lyst Index.
fashionista.com/2024/04/lyst-index-top-popular-brands-products-2024-q1-miu-miu
Quick Glance: Miu Miu Dominates Fashion Industry in 2024
- Miu Miu has taken the lead in the first quarter of 2024 after Prada topped the ranking for the most-wanted brands and products in the fourth quarter of 2023.
- The Lyst Index confirms Miu Miu's dominance in the industry, naming it Brand of the Year for the third consecutive year.
- Prada and Miu Miu stand out for their strong storytelling and cultural relevance, setting them apart from other brands.
- Cultural shifts, such as the turnover of creative directors, have led to increased customer interest in certain brands, while Balenciaga is recognized as the fastest climber on the Lyst Index.
China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
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Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
- Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.
- The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
Lai Sun Weighs Stake Sale in London Office Skyscraper Project: Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in ...
bloomberg.com/news/articles/2024-04-23/lai-sun-weighs-stake-sale-in-london-office-skyscraper-project
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
China’s Growing Ranks of Bubble Tea Billionaires: Sellers of the hugely popular drink are rushing to cash in, but increasing competition threatens to spoil the ...
bloomberg.com/news/articles/2024-04-21/china-s-growing-ranks-of-bubble-tea-billionaires
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Quick Glance: China's Bubble Tea Billionaires
- The passion for bubble tea has produced at least a half-dozen billionaires in China in recent years, known for the sweet drink with sticky tapioca pearls.
- On April 23, Sichuan Baicha Baidao Industrial Co., China's third-largest bubble tea chain, is set to begin trading and raise over $300 million in the largest Hong Kong listing since November.
- The founders of the company, Wang Xiaokun and Liu Weihong, could have a combined net worth of $2.7 billion based on their 73% stake after the initial public offering, according to the Bloomberg Billionaires Index.
- The growing popularity of bubble tea also has the potential to create additional fortunes and is a phenomenon particularly beloved by Millennials and Gen Zers.
Kate Middleton Photographs Prince Louis’s Sixth Birthday Portrait: It was unclear whether or not the family would be releasing birthday portraits of their ...
vogue.co.uk/article/prince-louis-sixth-birthday-portrait
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
Hong Kong bourse operator's Q1 profit drops on weaker listings, trading
reuters.com/business/finance/hong-kong-bourse-operators-q1-profit-down-13-weaker-listings-trading-2024-04-24/
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
Quick Glance: Blinken Discusses Key Issues with China
- USA and China discuss global conflicts and tensions in Shanghai and Beijing.
- Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.
- Calls for China to exert influence on Iran and maintain stability in the region.
- Disputes over human rights, synthetic opioids, and illegal activities.
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
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Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
India tells spice makers to give details of quality checks after Hong Kong allegations, source says
reut.rs/3w393JI
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
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Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...
reuters.com/world/asia-pacific/taiwans-president-elect-appoints-new-team-says-islands-security-difficult-2024-04-25/
Tiffany Cheung, Hong Kong YouTuber who shared journey fighting cancer, dies at 32
scmp.com/news/hong-kong/society/article/3259937/tiffany-cheung-hong-kong-youtuber-who-shared-journey-fighting-cancer-dies-32
Meet the 8 Finalists for the 2024 LVMH Prize: The winner will be chosen on Sept. 10.
fashionista.com/2024/04/lvmh-prize-finalists-2024
All the Fashion Brands You'll See Athletes Wearing at the 2024 Olympics in Paris: Sportswear giants and smaller labels alike have revealed the uniforms they ...
fashionista.com/2024/04/paris-2024-olympics-uniforms-fashion-brands-designers
China's ambassador to Canada leaves his post: Chinese ambassador to Canada, Cong Peiwu, who has served since 2019, has left his post and returned to China ...
reuters.com/world/americas/chinas-ambassador-canada-leaves-his-post-2024-04-21/
WhatsApp, Threads, more banished from Apple App Store in China: Still available in Hong Kong and Macau, for now
theregister.com/2024/04/19/whatsapp_threads_ban_china/
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Hong Kong, China and a footballing dilemma: Hong Kong, China and a footballing dilemma
bbc.com/sport/football/articles/c9ezpy0ryk0o
CVC Capital IPO Price Range Set for €1.6 Billion Amsterdam Listing: CVC Capital Partners and some of its investors are seeking to raise €1.6 billion ($1 ...
bloomberg.com/news/articles/2024-04-22/buyout-firm-cvc-sets-price-range-for-1-6-billion-amsterdam-ipo
How to Dress Like Taylor Swift's "The Tortured Poets Department": 6 outfit ideas for Swifties, by a Swiftie.
fashionista.com/2024/04/the-tortured-poets-department-taylor-swift-outfits
Quick Glance: Patti Smith Applauds Taylor Swift in 'Tortured Poets Department'
- Taylor Swift mentions Patti Smith in her new album 'The Tortured Poets Department'.
- Smith responded positively by posting photos of herself with a book by Dylan Thomas.
- Despite seeming different, Smith expressed understanding for Swift and praised her for potentially influencing fans positively.
- HuffPost calls for support for high-quality journalism that is freely accessible to all.
LIM College Puts a New Spin on the End-of-Year Fashion School Show: The entirely student-produced show brought high-fashion interpretations of natural elements ...
fashionista.com/2024/04/lim-college-fashion-show-2024
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
TikTok will start to crack down on Ozempic and restrict weight-loss content next month.
ow.ly/h0FU50RmqPo
XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...
reuters.com/business/autos-transportation/xpeng-ceo-says-its-software-ai-upgrades-enter-super-fast-cycle-2024-04-25/
Beijing powers up into car wars battleground: The Beijing Auto Show, the first since the pandemic, will be a battleground. Foreign automakers from Tesla to ...
reuters.com/breakingviews/beijing-powers-up-into-car-wars-battleground-2024-04-24/
Chat With Brandice Daniel of Harlem's Fashion Row on The Fashionista Network: Sign up for free access.
fashionista.com/2024/04/brandice-daniel-harlems-fashion-row-fashionista-network
India tells spice makers to verify quality after Hong Kong allegations: India's spice exports regulator has asked MDH and Everest to provide details of quality ...
reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/
China Plays Long Diplomatic Game in Iran-Israel Feud as Middle East Simmers: Hi, I'm Ben Holland in Hong Kong, where my 15 years of experience covering the ...
bloomberg.com/news/newsletters/2024-04-19/china-plays-long-diplomatic-game-in-iran-israel-feud-as-middle-east-simmers
China to Stop Displaying Real-Time Data for Foreign Flows Into Stocks: China will soon cease displaying real-time data for flows into the world’s second-largest ...
bloomberg.com/news/articles/2024-04-15/china-to-end-live-feed-on-gauge-of-foreign-flows-into-stocks
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Meghan Markle's Unexpected Backless Dress Infuses Some Heat Into Royal Fashion: She aced this date-night look, and you can shop the exact look here.
harpersbazaar.com/celebrity/latest/a60535091/meghan-markle-backless-dress-prince-harry/
Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
Indian brands MDH, Everest spices banned in Hong Kong, Singapore; here's why - News | Khaleej Times
khaleejtimes.com/world/indian-brands-mdh-everest-spices-banned-in-hong-kong-singapore-heres-why
Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls
- Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.
- An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.
- The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.
- According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.
Catherine Zeta-Jones lent daughter Carys an iconic ’90s dress for her 21st birthday
glamourmagazine.co.uk/article/catherine-zeta-jones-daughter-carys-matching-dress
Heavy Rains and a Water Spout Hit Southern China: Bad weather in Guangdong Province forced evacuations as forecasters warned of more rain and potential flooding.
nytimes.com/2024/04/21/world/asia/china-rain-hong-kong-waterspout.html
Shōgun’s Anna Sawai on Mariko’s Big Moment: ‘I Felt So Powerful’: The actress walks us through episode 9 and the implications of her character’s fateful decision ...
elle.com/culture/movies-tv/a60513825/shogun-episode-9-mariko-ending-explained-interview/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Hong Kong crypto hub takes shape with approvals, hiring: HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace ...
asia.nikkei.com/Spotlight/Cryptocurrencies/Hong-Kong-crypto-hub-takes-shape-with-approvals-hiring
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Selena Gomez on Getting ‘Mouthy’ Defending ‘People I Love’ Online and the Problem With Beauty Standards
elle.com/culture/celebrities/a60592737/selena-gomez-instagram-time-100-summit-talk/
China's edge in flying cars and an Asian tag-team in AI: Hello everyone, this is Cissy from Hong Kong.When I was at the CES trade show in Las Vegas earlier this ...
asia.nikkei.com/techAsia/China-s-edge-in-flying-cars-and-an-Asian-tag-team-in-AI
China's US envoy urges cooperation, cites 'severe' challenges: China's ambassador to the United States urged the two superpowers to cooperate on improving ...
reuters.com/world/chinas-us-envoy-urges-cooperation-cites-severe-challenges-2024-04-21/
China Developers Slash Prices by 40% at Luxury Hong Kong Apartment Project: Distressed Chinese developers trying to sell luxury apartments at a new complex in ...
trib.al/NfyDnEg
Quick Glance: Significant Reduction in Luxury Apartments in Hong Kong
- Luxury apartments in Hong Kong are being reduced by almost half in price.
- Developers have only managed to sell five out of 295 apartments.
- Buyers are allowed up to 180 days for downpayments.
- Developers are in restructuring discussions due to credit issues.
When Did It Become Socially Acceptable To Vocally Dislike Kids?: A new viral tweet about a childfree pub has sparked fresh debate around the divide between ...
vogue.co.uk/article/openly-disliking-children
3 African runners 'allowed Chinese athlete to finish first': China revokes win for He Jie after investigation into half marathon
asiaone.com/china/3-african-runners-allowed-chinese-athlete-finish-first-china-revokes-win-he-jie-after
Quick Glance: Scandal at Beijing Half Marathon: 4 Runners Disqualified
- Following an unusual finish at the Beijing Half Marathon, the top finishers were disqualified as three runners from Africa seemingly made way for a Chinese competitor to win.
- The finish line incident caused a commotion, prompting questions about why the three other runners appeared to yield the victory to He.
- Subsequent to the investigation, all four runners were disqualified for the pacemakers deliberately slowing down in the final two kilometers of the race, aiding He's victory.
- Confirmation was provided by the organizers that although Xtep invited Mnangat, Keter, and Hailu as pacemakers, they were mistakenly registered as ordinary competitors.
Caitlin Clark will reportedly sign a sneaker deal with Nike: Caitlin Clark is reportedly set to wear her own signature Nike sneaker in the WNBA.
cnn.com/2024/04/22/business/caitlin-clark-nike-sneakers/
Thousands gather in Sydney to mark Anzac Day in biggest crowd in recent years: “We are heartened to see so many Australians with us today,” said master of ...
smh.com.au/politics/nsw/thousands-gather-in-sydney-to-mark-anzac-day-in-biggest-crowd-in-recent-years-20240425-p5fmez.html
Farewell, Tin-yu: Family, friends bid goodbye to Hong Kong girl who died after 4 years in vegetative state
scmp.com/news/hong-kong/society/article/3259764/farewell-tin-yu-family-friends-bid-farewell-hong-kong-girl-who-died-after-4-years-vegetative-state
Our Guide to 2024's Trending Swimsuits: From bold to girly to classic, find the perfect suit for summer.
fashionista.com/2024/04/swimwear-bathing-suits-trends-2024
Full moon in Scorpio: Why this moon brings profound transformation: The liberating truth that comes with this moon shatters old boundaries and ruthlessly unlocks ...
annabelle.ch/astro/vollmond-im-skorpion-warum-dieser-mond-tiefgreifende-transformation-bringt/
Taylor Swift’s Lavender Pickleball Skirt from Her ‘Fortnight’ Challenge Is Going Viral
cosmopolitan.com/style-beauty/fashion/a60567899/taylor-swift-pop-flex-active-pickleball-skirt/
Chinese warn of Taiwan crisis from US military aid: Beijing has expressed strong dissatisfaction and firm opposition after the United States passed a bill that ...
asiatimes.com/2024/04/chinese-warn-of-taiwan-crisis-from-us-military-aid/
8 Essential Sandal Styles to Get You Through Toes-Out Weather: We've done the leg work (teehee) for you and found the best platforms, slides ...
fashionista.com/2024/04/shop-sandals-shoe-trends-2024
Catherine Zeta-Jones’ daughter wears her mum’s vintage dress for 21st: The gene pool is strong between these celebs and their mini-me children ...
harpersbazaar.com.au/celebrity-parents-and-lookalike-kids/
Clothing store Express, a mall favorite, has filed for bankruptcy: Express, which dressed generations of mall shoppers in slacks and blouses ...
n.pr/3W64oRT
Quick Glance: Clothing store Express files for bankruptcy
- Express, a longtime favorite of American malls, has filed for bankruptcy protection and is planning to be sold.
- The company is closing dozens of stores, including beloved brands Bonobos and UpWest.
- The bankruptcy announcement states that 95 Express stores and all 10 UpWest stores will be closed.
- A consortium including WHP Global and major mall operators like Simon Property Group and Brookfield Properties has made a bid to acquire Express.
Trust Me–This Is the Dress Style That’s Going to Be Everywhere This Summer: It seems everywhere we look '50s movie style bodice dresses are dominating ...
whowhatwear.com/fashion/dresses/fit-and-flare-midi-dress-trend
What to do about the EU’s relative decline: The European Union will be marginalised if it continues to shrink compared to other parts of the world ...
reuters.com/breakingviews/what-do-about-eus-relative-decline-2024-04-22/
Quick Glance: Addressing the EU's Relative Decline
- The EU faces marginalization if it continues to shrink compared to other parts of the world.
- There are two ways to look at the EU's relative decline: living standards and power.
- The EU is dealing with different threats from aggressive Russia, China, and the United States.
- To tackle the challenges, the EU needs to strengthen its single market, invest in key industries, and focus on future technologies.
Souring China dreams force Western financial firms to cut costs: Just a few years ago, lucrative business prospects in China on the back of a booming economy led ...
reuters.com/world/china/souring-china-dreams-force-western-financial-firms-cut-costs-2024-04-22/
China’s ‘red circle’ law firms rush to tap other markets: Mainland’s biggest firms opening offices in Asia, US and Africa as they seek to challenge international ...
ft.com/content/71a677a9-d45b-490b-a4cf-764ebb2f69af
Quick Glance: China’s ‘Red Circle’ Law Firms Expanding Internationally
- China’s top 'red circle' law firms are aggressively expanding their international presence and working at lower fees than western competitors.
- Several Chinese firms have opened offices in Asia and the US since early 2023, while international rivals retreat from the Chinese market.
- This expansion signals Chinese firms' aspiration to capture international clients and move into China-friendly nations.
- Although Chinese firms still lag behind western rivals, China's growing global presence is opening doors to international markets and fostering potential for future growth.
Trading in China's SenseTime halted after shares pop 30% in Hong Kong: HONG KONG -- Trading in shares of SenseTime, the Chinese facial recognition giant ...
asia.nikkei.com/Business/Technology/Trading-in-China-s-SenseTime-halted-after-shares-pop-30-in-Hong-Kong
Chinese quant funds expand abroad as rules tighten at home: China's data-driven quant trading funds are briskly expanding overseas as competition heats up at ...
reuters.com/world/china/chinese-quant-funds-expand-abroad-rules-tighten-home-2024-04-22/
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