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Hong Kong stocks fell a second day amid low volume in afternoon trading after a storm shut the city’s markets in the morning and as power producers declined. China Galaxy Securities Co. surged on its debut.
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Cheung Kong Holdings Ltd., the developer controlled by Asia’s richest man, is canceling the sale of HK$1.4 billion ($180 million) of hotel rooms after Hong Kong’s securities regulator began a probe into the transactions.
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Cheung Kong Holdings Ltd., the developer controlled by Asia’s richest man, is canceling the sale of HK$1.4 billion ($180 million) of hotel rooms after Hong Kong’s securities regulator began a probe into the transactions.
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Port workers at billionaire Li Ka- shing’s Hongkong International Terminals Ltd. ended the longest strike at Hong Kong’s container terminal as they accepted a 9.8 percent wage increase, resolving a dispute that damaged the city’s reputation as a trade hub.
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Striking dock workers at billionaire Li Ka-shing’s Hongkong International Terminals Ltd. rejected a wage offer by contractors as the employers said they will no longer take part in talks to settle the 40-day labor dispute.
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Billionaire Dmitry Rybolovlev, Russia’s 14th-richest person, and his wife, Elena Rybolovleva, have been brawling for almost five years in at least seven countries over his $9.5 billion fortune.
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Billionaire Li Ka-shing’s Hutchison Whampoa Ltd. failed to persuade a Hong Kong court to order protesting dockworkers to leave immediately his building in the city’s Central district.
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Hong Kong’s government made a renewed effort to end the longest strike at the city’s container terminal after workers at billionaire Li Ka-shing’s docks scaled back demands for a 23 percent wage increase.
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Hong Kong’s government made a renewed effort to end the longest strike at the city’s container terminal after workers at billionaire Li Ka-shing’s docks scaled back demands for a 23 percent wage increase.
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Billionaire Li Ka-shing moved to end a four-week strike at his docks in Hong Kong, hiring new workers to handle ships and demanding protesters leave his building in the city’s Central District.
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