Danone plans to sell its stake in Chinese dairy manufacturer Mengniu
French food company Danone said that it has launched the strategic sale of a stake of around 9.8% in China Mengniu Dairy Company through an ... Read More
Liuhua 29-2 gas field : CNOOC begins production from South China Sea field
CNOOC, a Chinese state-owned oil and gas company, has started production from its 100% owned Liuhua 29-2 gas field in the South China Sea. The ... Read More
AIA Group signs $650m bancassurance deal with Bank of East Asia
AIA Group has signed a new exclusive 15-year bancassurance deal worth HK$5.07 billion ($650 million) with The Bank of East Asia (BEA), which covers Hong ... Read More
Moody’s invests in alternative data and insights provider MioTech
Moody’s Corporation, a US-based risk assessment firm, has acquired a minority stake in MioTech, a Hong Kong-based alternative data and insights provider, for an undisclosed ... Read More
Couche-Tard to acquire Circle K HK from Convenience Retail Asia for $360m
Alimentation Couche-Tard, a Canadian convenience store chain, has agreed to acquire Convenience Retail Asia (BVI) (Circle K HK) for HK$2.79 billion (nearly $360 million) from ... Read More
HKBU-led researchers develop EBV drug for nasopharyngeal cancer
A research team headed by Hong Kong Baptist University (HKBU) claims to have developed a novel anti-Epstein-Barr virus (EBV) drug for the treatment of nasopharyngeal ... Read More
Latitude 27 Capital acquires jewelry components manufacturer JK Findings
Latitude 27 Capital, a private investment firm, has acquired the assets of JK Jewelry, (doing business as JK Findings), a designer, manufacturer and wholesaler of ... Read More
Hong Kong reinsurer Peak Re to acquire ILS asset manager Lutece
Peak Re acquisition of Lutece : Peak Reinsurance (Peak Re), a Hong Kong-based reinsurance company, has signed a deal to acquire Bermuda-based insurance-linked securities (ILS) ... Read More
Huntkey to launch Oucica car air purifier at Hong Kong trade fair
Huntkey, a Chinese power solutions provider, will introduce and display the new Oucica car air purifier at Global Sources Consumer Electronics Trade Fair to be ... Read More
InventisBio licenses lung cancer drug D-0316 to Betta Pharma in RMB230m deal
In a significant development within the pharmaceutical industry, Shanghai-based InventisBio has entered into a strategic partnership with Betta Pharmaceuticals Co., Ltd. to co-develop the promising ... Read More