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General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji
Deals General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji General Mills Inc. has agreed to sell its Häagen-Dazs shops in mainland China to a group including local tea brand Ningji. The buyers will be exclusively licensed to use the Häagen-Dazs brand in ice-cream shops and gifting businesses in mainland China, while General Mills will continue to own and operate Häagen-Dazs retail and foodservice operations, the US company said in a statement.
Tiger Brokers to suspend investors in mainland China from adding new positions
Tiger Brokers to suspend investors in mainland China from adding new positions HONG KONG: Tiger Brokers will bar China-based investors from adding to their positions from Jun 12 when they are physically on the Chinese mainland, the Singapore-headquartered trading firm said in a notice to clients on Tuesday (Jun 2). China had told Tiger and other online brokers Futu and Longbridge to wind down such accounts, which it says are illegal under new tighter regulations introduced on May 27. Tiger's...
Transport sector calls for smoother border checks, wider mainland driving scheme
Transport sector calls for smoother border checks, wider mainland driving scheme Industry leader Ringo Lee says over 140,000 local private cars have registered for northbound scheme, expecting the figure to exceed 200,000 in coming years Hong Kong’s transport sector has called for faster cross-border immigration clearance and an expansion of a popular scheme allowing local vehicles to enter Guangdong province to include other mainland Chinese cities. The call was made on Monday after the...
Mainlanders can still open bank accounts in Hong Kong despite new rules: HKMA
Mainland customers can still open bank accounts in Hong Kong, but banks must adopt stringent new checks to ensure their processes are “compliant and orderly”, the Hong Kong Monetary Authority (HKMA) said in a statement on Saturday. “The banking industry has implemented the new regulatory requirements set out in the HKMA circular to ensure the account opening process is compliant and orderly,” the statement said. “Chinese mainland customers continue to apply for opening accounts, and in...
Beijing allows Hong Kong yachts to berth more easily in some mainland Chinese ports
Hong Kong-registered yachts can berth more easily in designated mainland Chinese ports in the Greater Bay Area, as Beijing has waived customs guarantees and simplified administrative procedures. In a directive published on Saturday night, the State Council revamped its maritime policies, allowing Hong Kong and Macau leisure yachts to enter designated mainland ports “exempt from customs guarantees” and benefiting from “a temporary vessel nationality registration policy” with immediate...
High rents, job fears rank among top stressors for mainland students in Hong Kong
A combination of sky-high rents, career anxiety and social isolation is placing a mental and financial strain on mainland Chinese students living in Hong Kong, even as more than 40 per cent of them plan to remain in the city, a survey has revealed. The study released by the Youth Expats Association on Sunday also found that developing a sense of belonging outweighed lucrative salaries as a factor in determining whether these students choose to stay in the city after graduation.
Don’t dream it’s over: mainland students rethink Hong Kong over costs, culture
Weeks before mainland Chinese student Carol Chen graduated from Baptist University in Hong Kong in July, the 22-year-old did the math and weighed the cost of living in the city against returning home. Renting a room in the city would consume around half of the HK$20,000 (US$2,552) starting salary she expected as a junior data analyst. “If I go back to Shanghai, I will only need to worry about daily expenses,” said Chen, a maths and statistics graduate.
Cellular Complexity and Systemic Immune Profiles across Ancestral Diversity in Thailand and Mainland Southeast Asia
Mainland Southeast Asia (MSEA) remains under-represented in global immunogenomic references despite its extensive genetic heterogeneity. We present the first single-cell immune atlas of an MSEA population, utilizing Thai individuals from the Asian Immune Diversity Atlas (AIDA) as a representative cohort. We demonstrate that the Thai population is highly genetically diverse, reflecting its history as a geographic nexus for Asian admixture.
AI firm MiniMax prepares for mainland China listing after shares surge in Hong Kong
MiniMax Group, the Chinese artificial intelligence model company, has officially kicked off plans to sell shares in mainland China. This offers onshore investors access to AI players beyond chipmakers and completes a dual-listing status in addition to Hong Kong. The Shanghai-headquartered company signed an agreement with Citic Securities on Friday, hiring the brokerage to help prepare for a sale of yuan-denominated shares.
Scammers posing as police cheat 42 mainland students in Hong Kong out of millions
More than 40 mainland students studying in Hong Kong fell victim to scammers impersonating Chinese law enforcement officers in the first quarter of this year, police said on Sunday, with the biggest case involving over HK$8 million (US$1.02 million). Among the 42 cases, one victim was tricked into staging her own “abduction” after being lured to Thailand, despite having attended anti-scam courses at her university. Hong Kong police said students from across the border accounted for a quarter...