Shirley Zhao

Friday 21 Mar 2025

20 Mar 2025, 08:00 am

CK Hutchison flags political risk as port deal upsets China CK Hutchison Holdings Ltd warned of geopolitical risks to global trade, as the Hong Kong conglomerate reported weaker-than-expected profit and a ports deal faces uncertainty amid rising US-China tensions.

By Shirley Zhao & Shawna Kwan / Bloomberg

20 Mar 2025, 08:00 am

Trade War

19 Mar 2025, 08:00 am

How billionaire Li Ka-Shing’s Panama deal raised the ire of ChinaBillionaire Hong Kong tycoon Li Ka-shing has found himself in the middle of the China-US geopolitical tussle after announcing a deal to sell his Panama Canal port assets.

By Filipe Pacheco & Shirley Zhao / Bloomberg

19 Mar 2025, 08:00 am

Billionaire Cheng family in talks with Louis Vuitton on mega Hong Kong store, Bloomberg reportsNew World Development Co, the Hong Kong real estate company controlled by the billionaire Cheng family, is in talks with luxury giant Louis Vuitton to open a mega store in one of the developer’s signature malls, according to people familiar with the matter.

By Shirley Zhao / Bloomberg

19 Mar 2025, 08:00 am

M&A

14 Mar 2025, 08:00 am

Li Ka-shing has little to lose as China threatens Panama dealHong Kong billionaire Li Ka-shing has raised Beijing’s ire by agreeing to sell its control over ports in Panama to appease President Donald Trump. But there may be little the Chinese authorities can do to punish him for it.

By Shirley Zhao & Filipe Pacheco / Bloomberg

14 Mar 2025, 08:00 am

M&A

14 Mar 2025, 08:00 am

China amplifies rebuke of Li Ka-shing’s Panama Port deal with BlackRockChina’s top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which “side they should stand on.”

By Alfred Liu & Shirley Zhao / Bloomberg

14 Mar 2025, 08:00 am

13 Mar 2025, 08:00 am

LVMH’s Sephora overhauls Asia leadership after setback in China Sephora chief executive officer Guillaume Motte has taken personal charge of its operations in China, the latest management shift at the LVMH-owned cosmetics retailer as it struggles to win over consumers in the world’s second-largest economy.

By Shirley Zhao & Angelina Rascouet / Bloomberg

13 Mar 2025, 08:00 am

07 Mar 2025, 08:00 am

Hong Kong tycoons save Australia's Star in 11th-hour casino dealStar Entertainment Group Ltd staved off imminent collapse after the struggling Australian casino operator struck a last-minute deal to sell its stake in its new Brisbane complex to its Hong Kong partners.

By Angus Whitley & Shirley Zhao / Bloomberg

07 Mar 2025, 08:00 am

Focus

05 Mar 2025, 08:00 am

Li Ka-shing escapes Trump glare with US$19b port stake sale to BlackRock-led consortiumAfter a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.

By Shirley Zhao & Filipe Pacheco / Bloomberg

05 Mar 2025, 08:00 am

China Focus

26 Feb 2025, 08:00 am

Hong Kong braces for growth risks with 10,000 civil job cutsThe Hong Kong government will shrink its workforce and accelerate a plan for economic integration with China, as the city seeks new growth drivers to combat geopolitical uncertainty and a property downturn.

By Alan Wong, Katia Dmitrieva, Kiuyan Wong & Shirley Zhao / Bloomberg

26 Feb 2025, 08:00 am

Economic Focus

26 Feb 2025, 08:00 am

Hong Kong expects modest growth in 2025 as financial secretary looks to fight deficitHong Kong Financial Secretary Paul Chan said the economy will grow modestly this year, as he looks to shrink the city’s deficit while countering headwinds from a slowing Chinese economy and rising trade tensions with the US.

By Alan Wong, Katia Dmitrieva, Kiuyan Wong & Shirley Zhao / Bloomberg

26 Feb 2025, 08:00 am

Special Report: Dispelling aspersions surrounding EPF’s impressive 6.3% dividend for 2024

Cahya Mata Sarawak sues deputy chairman Abu Bekir Taib, five others over failed project

Salcon, Scanwolf, Reservoir Link, Pharmaniaga, IJM, Lagenda Properties, Land & General, Hextar Global, Top Glove, Cahya Mata Sarawak, Iskandar Waterfront City

Iskandar Waterfront City unveils regularisation plan to convert debt into equity, issue new shares

Industrial land sales boost EcoWorld net profit in 1QFY2025; declares one sen interim dividend

Lim Seong Hai Capital opens 17% lower on ACE Market debut

Rice price drop brings relief to billions, risk for farmers

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets

MORNING CALL: 21/3/25

Oil advances as US ramps up sanctions against Iranian crude

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