Starwood Opening Three New Hotels In China
Starwood's Le Meridien Hotels and Resorts has announced that it is opening three new hotels in Greater China in Taipei, Zhengzhou, and Xi'an.
Hong Kong
Hong Kong Tourism Reaches Record Level
The Hong Kong Tourism Board has reported that the number of tourist arrivals in the SAR hit a record 16.86 million in the first half of 2010 — up 23.1% from the previous year.
Sa Sa Revenue Up 20.2% In Q1 2010
Hong Kong-based cosmetics company Sa Sa International has published its operating statistics for the first quarter of 2010 fiscal year ended June 30, stating that its operating revenue increased by 20.2% year-on-year during the period.
New Hotel Brand Heads To Hong Kong
Shangri-La Hotels and Resorts is planning to debut the Traders Hotel brand in Hong Kong on August 1, 2010, with the opening of Traders Hotel, Hong Kong.
China Resources Plans To Build Largest Coffee Retail Chain In China
China Resources Enterprise Limited has announced that it will invest HKD326.6 million to acquire an 80% stake in Pacific Coffee from Chevalier Pacific Holdings Limited and will further expand the cafe chain's business in China.
Shanghai Readies For First Official Apple Store
The first Apple Store in Shanghai will be opened on July 10, 2010.
Rt-Mart Plans IPO In Hong Kong
Taiwanese supermarket retailer Rt-Mart reportedly plans to raise up to USD800 million through an initial public offering in Hong Kong.
Tighter Tourism Regulations In Hong Kong Could Impact Businesses
The Hong Kong Tourism Commission and The HK Travel Industry Council have announced they will comprehensively supervise the region's inbound travel services.
China's Hengdeli Opens Flagship Store In Taiwan
With an investment of CNY350 million, the Hong Kong-listed Chinese watch and timepiece retail group Xinyu Hengdeli Holdings Limited has opened its first luxury watch flagship store in Taiwan.
Qingdao Haier Net Profit Up 49.64% In 2009
Chinese electronics and home appliances maker Qingdao Haier has published its annual financial report for 2009, stating that its operating revenue increased by 8.46% year-on-year to CNY33 billion; while its net profit increased by 49.64%…