The Hokkaido Government and the Hong Kong Trade Development Council (HKTDC) just signed an MOU to strengthen bilateral economic cooperation and assist Hong Kong and Hokkaido enterprises in exploring overseas markets.
Hong Kong Tender and Business News
Tanrich Asia-Pac Management (Asia) Limited (TAPAM) of Hong Kong has selected the portfolio accounting software of Massachusetts-based FundCount, LLC, to manage TAPAM's range of investment products.
VTech Electronics Limited and VTech Electronics North America, LLC, subsidiaries of Hong Kong based VTech Holdings Limited, have reached a settlement with the U.S. Federal Trade Commission (FTC) regarding a 2015 cyber attack and issues regarding the Children's Online Privacy Protection Act (COPPA).
Hong Kong based Ally Bridge Group, a global investment firm focusing on the healthcare industry, has entered into a strategic partnership with LifeTech Scientific Corporation, an innovative medical device company in China.
Tianjin Jin Re Natural Gas Sales Company, Limited, an operator of liquefied natural gas stations, has agreed to sell 91% of its registered capital to Northern New Energy Holdings Limited of China.
EC Advertising Limited, a wholly-owned subsidiary of Cleantech Solutions International, Inc., has entered into an arrangement which will eventually result in EC Advertising owning 51% of Touch Media Interactive (HK) Company Limited, an advertising agency in Hong Kong.
Angichem Inc. of Montreal has licensed Xinogen (Hong Kong) Pharma Co., Ltd., to develop and commercialize ANG1005 in China for treatment of patients with leptomeningeal carcinomatosis from breast cancer.
The Hong Kong Trade Development Council (HKTDC) just released a very positive report on year-end retail export sales for Hong Kong. Based on that report, HKTDC believes retail business should continue to grow in 2018.
The Coloane shoreline was one of the first areas devastated when Typhoon Hato pummelled Macao in August 2017. Many homes were destroyed in the process, but thanks to a new program from Sands China, many of the residents of those homes now have been able to move been in to rebuilt structures on the same lands where they once lived.
On December 20, the Hong Kong Trade Development Council (HKTDC) officially formed the HKTC Belt and Road Committee, as a strategic response to the importance of the initiative to many different facets of Hong Kong's economy.
Jacobson Pharma, the largest generic drug company in Hong Kong, with 30% of the market there, announced its wholly-owned subsidiaries, Jacbson Medical (Hong Kong) Limited and Joyful Ascent Limited, has signed off on licensing and capital agreements to help it enter the fast growing biosimilar markets in the ASEAN community.
As part of its strategy to handle significant increased shipping growth out of Hong Kong, DHL Express, one of the largest international express services providers, has expanded its current agreement with AHK Air Hong Kong Limited for a 15-year term.
Finnish manufacturer of elevators and escalators KONE has purchased all of the assets of Shan On Engineering Co Ltd, a lift/escalator and maintenance service company in Hong Kong.
The Yidan Prize, created to recognize innovators creating sustainable impacts on educational systems for a better future, held its inaugural Yidan Prize Summit on December 11 in Hong Kong. It focused on revolutionizing education and driving mankind into an era of human-machine interdependence.
Hong Kong based Melco Resorts & Entertainment Lmiited, a developer, owner and operator of integrated gaming and entertainment resort facilities in Asia, recently shared plans for developing an original integrated resort for the Japanese market.
The Smart City Digital Hub, a collaborative initiative aimed at accelerating the development of smart city solutions and applications designed for Hong Kong, opened on December 7.
Shanghai-based I-Mab Biopharma and German therapeutic antibody company MorphoSys AG have signed an exclusive regional licensing agreement to further develop, commercialize and distribute MOR202 for use in multiple myleloma treatments, in China, Hong Kong, Taiwan and Macao.
Hong Kong-based Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, is announcing the acquisition of a 24 MW portfolio of “Small Generator” solar projects developed by Renergetica.
The Hong Kong Exchanges and Clearing Limited (HKEX), a stock market and futures market operator in Hong Kong, has opened a new office in Singapore - its first overseas location.
Shandong International Trust Co., Ltd., just became the first Chinese trust company in more than 20 years to attempt an IPO. It is also the first to be listed in Hong Kong.
DHL Express, part of the international shipping conglomerate DHL based in Germany, is launching an estimated HK$2.9 billion expansion plan for its Central Asia Hub (CAH), in partnership with the Hong Kong Airport Authority.
The School of Life Sciences at Peking University has received a donation of RMB120 million from Dr Lui Che-woo, Chairman and Founder of K. Wah Group (the "Group") and Director of Lui Che Woo Charity.
Philadelphia, Pennsylvania-based HKA, a global advisory, claims consulting and expert witness practice, has reached a five-year framework agreement with the Airport Authority Hong Kong to support the delivery of a new three-runway system.
Pall Corporation, a U.S. based provider of advanced filtration, separation and purification technologies, and WuXi Biologics, a Hong Kong based open-access biologics technology platform company offering solutions for biologics discover, development and manufacturing, have established a joint laboratory for monoclonal antibodies (mAb) production.
According to a new report by Baker McKenzie and Silk Road Associates, China's Belt and Road Initiative (BRI) is increasing BRI-related projects with up to US $350 billion over the next five years. Kenya, Tanzania, Ethiopia, Djibouti and Egypt are among the major African economies which may benefit from this substantial investment.