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Donny Kwok

Hong Kong's CK Asset eyes Avolon, overseas deals in revenue push

03 Apr 2019

HONG KONG Hong Kong property developer CK Asset Holdings is open to bidding for debt-laden HNA Group's stake in Irish aircraft lessor Avolon Holdings if it were put up for sale and is eyeing other overseas deals as it pushes for stable revenue sources.

HK property developer CK Asset eyes Avolon, overseas assets in revenue push

03 Apr 2019

* Says open to bid for HNA stake in Avolon if put up for sale

UPDATE 1-CK Hutchison says global markets still welcome Chinese deals

21 Mar 2019

HONG KONG, March 21 CK Hutchison Holdings Ltd , the ports-to-telecoms arm of retired billionaire Li Ka-shing, said it does not feel Chinese companies are being barred from M&A opportunities in the global markets, even though its bid in Australia was blocked.

Fosun Tourism to adopt asset-light strategy for new Club Med resorts-chairman

19 Mar 2019

HONG KONG, March 19 Fosun Tourism Group will adopt an asset-light strategy and run under management contracts the Club Med resorts it plans to launch in China and other countries over the next few years, its chairman told Reuters.

Cathay Pacific 'reasonably optimistic' on outlook after swinging to annual profit

13 Mar 2019

SINGAPORE/HONG KONG Cathay Pacific Airways Ltd is "reasonably optimistic" about passenger and cargo markets this year despite recognising challenges ahead, its chairman said, after the Hong Kong airline earlier reported a profit for the first time in three years.

Hong Kong Jan retail sales growth rises to 5-month high as visitors surge

05 Mar 2019

* Jan retail sales value up 7.1 pct y/y, volume up 6.9 pct y/y

Cathay Pacific in talks to buy stake in HNA's HK Express Airways

05 Mar 2019

HONG KONG/SINGAPORE Hong Kong flagship carrier Cathay Pacific Airways Ltd said on Tuesday it is in "active discussions" about an acquisition involving budget airline Hong Kong Express Airways Ltd, although an agreement has yet to be reached.

Hong Kong hands out reliefs as trade war hits growth

27 Feb 2019

HONG KONG Hong Kong unveiled a less expansionary budget for fiscal year 2019/20 on Wednesday, though with relief measures for individuals and businesses at a time of economic uncertainty and trade tensions as growth slowed sharply.

PC maker Lenovo's third-quarter profit beats expectations, powering share surge

21 Feb 2019

HONG KONG Lenovo Group, the world's largest personal computer maker, posted better-than-expected quarterly results and shrugged off the impact of a bruising Sino-U.S. trade war, sending its shares soaring 11 percent to three-year highs.

PC maker Lenovo returns to Q3 profit, beats estimates

21 Feb 2019

HONG KONG, Feb 21 Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups.

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