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L’Occitane Plans to Go Private
WWD via Yahoo Finance· 5 days agoGeiger has offered 34 Hong Kong dollars, or $4.34, per share in cash, valuing the company at about $6.4 billion. The transaction is to ...
Hong Kong regulator brings insider trading charges against Segantii and its founder
Reuters· 2 days agoHong Kong's securities regulator started an insider dealing prosecution against hedge fund Segantii...
L'Occitane Shares Surge After Buyout Bid by Billionaire Owner
Market Watch· 4 days agoShares of the cosmetics company were 9.7% higher at 32.35 Hong Kong dollars (US$4.13) by midday Tuesday, on track for their largest daily ...
Hong Kong central bank keeps key rate unchanged, tracks Fed decision
Reuters via Yahoo Finance· 2 days agoHONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the...
L’Occitane Billionaire Owner Close to Possible $7 Billion Buyout Deal
WWD via Yahoo Finance· 5 days agoGeiger, who owns more than 70 percent of the Hong Kong-listed company, is making an offer to acquire...
NIO Shares Jump After Strong Sales Amid EV Price War
The Wall Street Journal· 2 days agoAUTOS NIO shares rose sharply in Hong Kong after the Chinese electric-vehicle maker’s deliveries more than doubled in April. Shares of the Shanghai-based...
Opinion | 3 ways Hong Kong can easily and quickly up its tourism game
South China Morning Post· 5 days agoThe pharmacy closures in Sheung Shui in recent years reflect falling demand from grey good traders,...
Sinopharm Group Shares Fall as Higher Costs Cut Into Quarterly Profit
Market Watch· 5 days agoGroup's shares fell by their most in more than six months in early trade after the Chinese state-owned pharmaceutical giant's quarterly profit fell amid higher operating costs and impairments ...
The Weekly Closeout: Boscia plans to shutter website and L’Occitane takes steps to go private
Retail Dive via Yahoo Finance· 1 day agoL'Occitane Groupe, which is controlled by Geiger, own about 72% of the company’s shares and offered...
HSBC Stock Hits Multiyear Highs
The Wall Street Journal· 4 days agoHSBC shares hit multiyear highs after the international lender unveiled strong results and a near-$4 billion special dividend, and said Chief Executive...