Tag Archives: Hong

Point72 Hong Kong Ltd Sells 4,253 Shares of Royal Caribbean Cruises Ltd (RCL)


Point72 Hong Kong Ltd lowered its holdings in Royal Caribbean Cruises Ltd (NYSE:RCL) by 65.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,288 shares of the company’s stock after selling 4,253 shares during the period. Point72 Hong Kong Ltd’s holdings in Royal Caribbean Cruises were worth $297,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. raised its holdings in shares of Royal Caribbean Cruises by 2.2% during the second quarter. BlackRock Inc. now owns 11,120,672 shares of the company’s stock valued at $1,152,098,000 after buying an additional 236,598 shares during the…

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UPI Horse Racing Preview: Hong Kong Internationals, Baffert 2-year-olds featured


The Hong Kong International Races take the spotlight on racing’s stage this weekend with four Group 1 events featuring turf runners from across the globe.

Gulfstream Park adds to the international flavor of the proceedings with the Caribbean Classic card on Saturday and Japan has the Grade 1 Hanshin Juvenile Fillies on Sunday.

Back in North America, the youngsters get their chance in the Grade I Cash Call Futurity and Grade I Starlet on Saturday at Los Alamitos and Saturday’s Display Stakes at Woodbine.

Aqueduct’s feature is the Garland of Roses for filly and mare sprinters. Saturday is Louisiana Champions Day at Fair Grounds.

Starting with the big ones:

Hong Kong

Hong Kong celebrates its biggest day of the year Sunday with four Group 1 events comprising the Longines Hong Kong International…

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Hong Kong businessman guilty of bribery in African oil deal


NEW YORK — A federal jury convicted a Hong Kong businessman Wednesday of bribing the presidents of two African nations to secure oil rights for a Chinese energy conglomerate, a case that stretched from the halls of the United Nations and highlighted the often blurry line between nongovernmental organizations and private enterprise.

Dr. Chi Ping Patrick Ho was found guilty of seven of eight counts, including conspiracy, money laundering and violating the Foreign Corrupt Practices Act in a case that involved several former presidents of the United Nations General Assembly.

Ho’s attorneys did not dispute that he made the payments, including $2 million secreted in gift boxes delivered to the president of Chad in 2014. But they insisted the transactions were charitable donations intended to…

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East African countries eye Hong Kong as gateway to SE Asian meat market


ADDIS ABABA, June 11 (Xinhua) — East African countries, under the Intergovernmental Authority on Development (IGAD), on Monday disclosed their interest in penetrating Southeast Asia’s meat and live animals market via Hong Kong.

IGAD member countries, which usually export live animals and meat to Middle East and North Africa (MENA) region, said Hong Kong’s meat and live animals market could help to mitigate some of the challenges faced while exporting to MENA region, IGAD said in a statement.

According to IGAD, despite the close proximity and East Africa’s rich animal resources, the region was only able to meet 50 percent and 10 percent of the annual demand of the Middle East and North African markets respectively.

Noting the seasonal nature of MENA’s meat and live animal…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

East African countries eye Hong Kong as gateway to SE Asian meat market – Xinhua


ADDIS ABABA, June 11 (Xinhua) — East African countries, under the Intergovernmental Authority on Development (IGAD), on Monday disclosed their interest in penetrating Southeast Asia’s meat and live animals market via Hong Kong.

IGAD member countries, which usually export live animals and meat to Middle East and North Africa (MENA) region, said Hong Kong’s meat and live animals market could help to mitigate some of the challenges faced while exporting to MENA region, IGAD said in a statement.

According to IGAD, despite the close proximity and East Africa’s rich animal resources, the region was only able to meet 50 percent and 10 percent of the annual demand of the Middle East and North African markets respectively.

Noting the seasonal nature of MENA’s meat and live animal market, which…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

Romance scams triple in Hong Kong as African masterminds recruit in Asia


Most of the 159 Hongkongers who lost nearly HK$100 million (US$12.7 million) in online romance scams in the first four months of this year fell victim to scammers from Africa operating from Asian countries, it has emerged, amid a 200 per cent surge in such cases this year.

Based on an analysis of the money transfers and the scammers’ IP addresses, police insiders said at least two foreign-based syndicates were preying on women in Hong Kong through online dating platforms and social media sites such as Facebook.

“We believe the core figures of the gangs are from Africa, who recruited local residents in Asian countries to open bank accounts to collect payments and find targets online,” a police source said.

But he said some scammers worked individually and moved from one country to…

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*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.