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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...
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.
In Taiwan, ‘Mainland Spouses’ From China Become a Focus of Infiltration Fears
A village near Taipei. Taiwan officials are confronting what they say is growing Chinese infiltration of the island’s politics, media and internet.
In Taiwan, ‘Mainland Spouses’ From China Become a Focus of Infiltration Fears
A village near Taipei. Taiwan officials are confronting what they say is growing Chinese infiltration of the island’s politics, media and internet.
Parents begin wealth transfer plans when children are as young as four
Parents begin wealth transfer plans when children are as young as four - New DBS Treasures survey reveals affluent families in Hong Kong and mainland China are acting earlier than ever, setting aside an average of HK$5mn for the next generation amid rising education costs and market uncertainty [The content of this article has been produced by our advertising partner.] Affluent parents in Hong Kong and mainland China have begun wealth transfer planning when their children are as young as...
Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror
Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum The factory in Shanghai’s Lingang free-trade zone delivered 85,982 Model 3 and Model Y vehicles last month, up 39.4 per cent from a year earlier and 8.2 per cent from April, according to Tesla China. The figure includes deliveries to customers in mainland China as well as exports to overseas...
More Hong Kong tourists drawn to ‘mysterious’ Central Asia, travel agencies say
More Hong Kong tourists drawn to ‘mysterious’ Central Asia, travel agencies say Tour operators are linking up with mainland Chinese who have settled in region, giving city residents new ways to explore unconventional destinations The mystique of Central Asia and its deepening business ties with mainland China have prompted more Hongkongers to choose the region for holidays, according to travel agency heads. They were also optimistic that Chief Executive John Lee Ka-chiu’s high-level visit to...
Taiwan hits back at Beijing’s ‘cognitive warfare’ after coastguard patrols
Taiwan has accused Beijing of escalating tensions after mainland Chinese coastguard and survey vessels carried out law-enforcement operations in waters off the island’s east coast. Over the weekend, mainland China’s transport ministry announced a “special maritime traffic law enforcement operation” and dispatched a flotilla of coastguard vessels into the waters east of Taiwan. That included the coastguard’s largest patrol vessel.
China doubts Musk’s Starship future; ex-TSMC chip prodigy returns: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Concerns mount in China’s space sector that Musk’s Starship will be a failure There are growing doubts within China’s space sector that Starship, the world’s most powerful rocket being developed by SpaceX in the United States, will...